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Obtain a Lease

Lak Saviya Lease
“Lak Saviya Leasing” facility is for entrepreneurs and professionals to acquire conveniently the required plant, machinery, project vehicles and equipment which are essential for their business and professional activities.

Sectors
Bank will give preference to lease the assets utilized in the priority sectors such as Agriculture, Industry, Tourism and the Construction industry.
Lease facilitities will not be available for consumer durables and related items.

Asset types and the maximum period of leasing

Types of Asset	Maximum Lease period
Types of Asset	Brand New	Reconditioned (Unregistered)	Reconditioned (Used)
Off road vehicles	05 Years	NA	04 Years
Plant & Machinery	05 Years	NA	04 Years
Equipments (Including Electronic Equipments)	03 Years	NA	NA
Three wheelers- Brand new only (applicable only to rural areas)	04 Years	NA	NA
Transport Lorries	05 Years	04 Years	NA
Transport Buses (applicable only to rural areas)	05 Years	04 Years	NA
Vehicles/ Vans for the transport of raw materials/ produce and for delivery purposes/ freezer trucks	05 Years	04 Years	NA

*Conditions apply

Foreign Exchange Loans – Not Available

Import / Export Loans
LC Facilities can be arranged through Bank of Ceylon for the Project Loan customers.

Other Credit Facilities
Issue of Bank Guarantees for the existing customers. (Credit Guarantees, Bid Bonds, Advance Payment Guarantees and Performance Bonds).