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BOC Youth

A Loan for Dream

A loan to meet investment and working capital requirements of start-ups

Eligibility

Individuals less than 30 years of age
Start-ups that planned to commence the business or already commenced the business within one year from date of application
Must have the required skills and knowledge to manage the project in a viable manner

Maximum Loan Amount

Rs. 500.000/- OR 90% of the project value (whichever is lesser).

Repayment Period

Maximum period of 5 years
Grace period – 6 months (optional)

Interest Rate

From 7.0% p.a. upwards

Special Conditions

Security: Any security acceptable to the bank

Apply SME Online

* Conditions apply

Apply SME Online

How can we help YOU?

1975 | +94 11 2204444