Personal Loan
SMILE III-RF
Regional Development Bank
Personal Loan Information
Personal Loan
Business Banking
General
Interest Rate (P.A) : 8.00%
Loan Tenure : Up to 10 Years
Maximum Loan Amount : LKR 15,000,000
Rates and terms last verified on 28 August 2025.
Features
- The main objective is the development of MSMEs.
- Maximum repayment period 10 Years including 24 months grace period.
- Maximum loan amount 15Mn.
- Area of Operation All island
Eligibility
- Be a citizen of Sri Lanka
- Should not be a willful defaulter
- Be able to make a minimum equity contribution of 25 % out of the project cost
- Have the effective repayment capacity
Documents Needed
- Contact Bank
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