The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.

 Monday – Friday : 8:30am – 3:30pm 



 සිං  |  தமி

A special loan facility for Micro, Small & Medium Enterprises (MSMEs) that offer financing solutions to launch a business or expand an existing enterprise.

Features and Benefits

  • Attractive interest rates.
  • Flexible repayment periods.
  • Speedy service.
  • Minimum loan amount of LKR 100,000 and a maximum of LKR 3,000,000.
  • A maximum loan period of 05 years (inclusive of a maximum grace period of 6 months).


  • Any Individuals, Sole Proprietorships, Partnerships and Limited Liability Companies in the MSME Sector.
  • The business should have an annual turnover below LKR 1,000 Mn (As per the CBSL guidelines).

Eligible Sectors

Agriculture and Fisheries Sector

  • Rice Milling and rice-related products
  • Small and commercial crop cultivation and value-added products
  • Manufacture of coconut-related products (Coconut oil, Coir Products, Honey and Jaggery etc.)
  • Cultivation of tea and value-added tea products
  • Tea factories
  • Maize cultivation
  • Manufacturing of flour (Rice Flour, Grains, Cereal and Soya)
  • Manufacturing of Kithul and Palmyra products
  • Fishing and fish processing
  • Aquarium and ornamental fish farming
  • Horticulture and floriculture
  • Organic fertilizer production
  • Poultry farming
  • Freshwater farming
  • Any other value-added products related to agriculture and fishing sectors.

Construction Sector

  • Manufacturing of building materials and household items. (Bricks, tiles, doors and window frames, interlocks, flowerpots etc.)
  • Any other construction-related business.

Manufacturing Sector

  • Furniture and wood items
  • Metal and Lathe products
  • Food and beverages/confectionery items
  • Clay and other retreated products
  • Footwear and other leather production
  • Handy Craft production (Coconut/Reed/ Silver/Brass /etc.)
  • Batik and Handloom Weaving
  • Garment and Apparel manufacturing/production.
  • Manufacture of Electrical / Electronics
  • Jewellery Manufacturing, Gem Cutting / National Heritage industries etc.
  • Printing/stationery products
  • Household products
  • Cosmetics products
  • Pharmaceutical and healthcare
  • Ayurveda Products
  • Plastic products
  • Toy production
  • Manufacturing of other products (sticks, envelopes, nets etc.)

Business in any other sector that generates value addition to the economy.

Conditions apply
For more information, visit our nearest SMIB Branch or Contact Us via our Call Centre at 1922

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