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Siriliya Saviya

Credit scheme to finance income generating projects for women

Eligibility

Women entrepreneurs between the ages of 18 - 55 years
Should be dynamic personalities with entrepreneurial skills
Should have a BOC account, preferably “Kantha Ran Ginum"
Should not appear as a defaulter in CRIB/DRU

Maximum Loan Amount

Up to a maximum of Rs. 2.0 Mn. (minimum Rs. 25,000/-)

Repayment Period

Maximum of 8 years

Grace Period

2 years

Special Conditions

Total project value should not exceed Rs. 10.0 Mn. (excluding land & building) and shall not be less than Rs. 25,000/-
Minimum equity contribution will be 30% of the project cost, including land & building

BOC SmartGen

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