Small and Medium Sized Enterprises Line of Credit (SMELOC) Project

Small and Medium Sized Enterprises
Line of Credit (SMELOC) Project

Eligible sub projects

Eligible sub projects

A new project of a registered Small or Medium Enterprises (SME) with

  • an annual turnover under Rs. 750 million
  • Having less than 300 employees if in manufacturing sector or less than 200 employees if in services sector

Maximum sub loan amount

Rs. 50 million

Tenor of sub loan

2 –10 years

Interest rate

based on loan tenor and customer risk rating