Enterprise Sri Lanka – Jaya Isura

Enterprise Sri Lanka - Jaya Isura
Interest Subsidy Scheme

Jaya Isura

Jaya Isura

For expansion projects in following sectors

Eligible Sectors

Agriculture, Fisheries, Ornamental Fisheries, Livestock, Floriculture, Horticulture, Light Engineering, Printing, Tourism, Handicrafts, Apparel , Information Technology, Manufacturing industry and Renewable Energy

Eligible Borrowers

Registered Small and Medium Enterprises

  • Small (Category 1) – Annual T/O – Rs.10Mn to 250Mn; Employees – 5-50
  • Medium (Category 2) – Annual T/O- Rs.250Mn to 750Mn; Employees – 51-300
    Note: Treated as Category 1 if T/o > Rs.250mn and employees < 51.

Eligible sub projects

  • Purchase of fixed assets (excl land+ building)
  • Construction of building
  • Investment in technological advancements
  • Working Capital

Maximum sub loan amount

  • Category 1 :   Local Market – Rs.50Mn
    Export – Rs.100Mn
  • Category 2 :  Local Mkt- Rs.200Mn
    Export – Rs.400Mn

Interest rate

Fixed rate for loans approved during 2019

  • Category 1 : 6.93% p.a. (after 50% Government Subsidy)
  • Category 2 : 10.40% p.a. (after 25% Government Subsidy)

Loan Tenor

up to 7 years (Including grace period)