Lankaputhra Development Bank
 

Lankaputhra Development Bank

 
     
 

Special Loan Scheme for Gem and Jewellery Industry “Lakmini Security Loan Scheme “

 

Introduced in collaboration with the Gem and Jewellery Authority to finance SME  entrepreneurs in the Gem and Jewellery industry.

Eligibility Criteria

  Should be a member of a Gem & Jewellery Association
  Should possess a license by the National Gem & Jewellery Authority and be registered with the National Entrepreneur Development Authority (NEDA).
 

Eligible Loan Category

To purchase Gem Stones (Working capital Loan)
 

Loan Amount

Short Term Loan (revolving) - Maximum LKR. 1.0 Mn
 

Interest Rate

12% per annum * 
 

Repayment Period

Within 6 months

 
Collateral
Gem stones or any other  immovable collateral acceptable to the bank
 
* Interest quoted is subject to change at the Bank discretion.
 
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