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Housing loans for public servants

Feb 11, 2011 5:00:22 AM - itnnews.lk

The Janasevana Housing project which is providing a solution for the housing problem of Government Servants is being implemented from today.

The project is being implemented with the intervention of the Engineering Services, Housing and Common Amenities Ministry. The inaugural function will be held this evening under the patronage of Minister Wimal Weerawansa. Under the project a government servant can secure a loan amounting to 500,000 rupees to construct or repair a house. A special feature of the loan scheme is the low interest rate. It carries an interest of 12.5 percent and the repayment period is 10 years.