Monday, April 21, 2025

BOC Youth Loan Scheme: sparks dreams into reality

by damith
April 28, 2024 1:03 am 0 comment 1.3K views

The Bank of Ceylon (BOC) has introduced a Youth Loan Scheme, designed to fuel the dreams of young innovators and business leaders. This initiative aims to ignite the ambitions of the next generation by offering a loan of 500,000 at an attractive interest rate.

The BOC Youth Loan Scheme is not just about providing financial assistance; it’s about nurturing a new generation of entrepreneurs.

With a target of empowering 10,000 young individuals, this scheme is a beacon of hope for those with aspirations of building their own startups or expanding existing businesses.

One of the most remarkable aspects of the BOC Youth Loan Scheme is its inclusivity. Unlike traditional loan programs, this initiative doesn’t require burdensome collateral such as property mortgages. Instead, opening doors for young visionaries who lack substantial assets but possess boundless potential.

At BOC, we believe in the power of attitude and innovation. That’s why we welcome innovative business ideas from individuals under 30 years of age, regardless of their financial background. Whether you have a groundbreaking startup idea or a passion project waiting to blossom, the BOC Youth Loan Scheme is here to support you every step of the way.

Don’t let financial constraints hold you back. Join hands with BOC and turn your entrepreneurial dreams into reality. Apply for the BOC Youth Loan Scheme today and embark on a journey towards a brighter, more prosperous future.

R.M.N. Jeewantha, DGM Development Banking and Branch Credit Operations Range 11 of BOC welcome, young entrepreneurs to visit the nearest branch and explore the world of opportunities with the BOC Youth loan.”

For over 84 years, Bank of Ceylon has been a cornerstone of Sri Lanka’s financial landscape, connecting individuals and businesses to global opportunities.

BOC’s extensive network of touchpoints across the island, coupled with cutting-edge technologies, ensures that bank’s customers have convenient access to a wide range of financial services.

BOC was ranked as the only Sri Lankan Bank among the Top 1000 World Banks 2023 and the Banker of the Year 2023 by The Banker Magazine UK. BOC was also awarded as the Number 1 Banking Brand in Sri Lanka by Brand Finance Lanka.

Internationally, Bank of Ceylon has established a strong presence with branches in key locations such as London, UK; Male and Hulhumalé in the Maldives; Chennai, India; and the Seychelles. As the premier financial institution in Sri Lanka, Bank of Ceylon remains dedicated to driving growth, prosperity, and financial inclusion for all citizens, solidifying its position as the leading bank in the country.

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