State banks to provide Rs. 4,250 m for Janasevana program

State banks have agreed to provide Rs. 4,250 million to the Janasevana Housing Program for the next six months.

Sate banks heads and representatives made this observation at a meeting with Construction, Engineering Services, Housing and Common Amenities Minister Wimal Weerawansa at his office. Minister Weerawansa said under the guidance of President Mahinda Rajapaksa, the Janasevana program is being carried out successfully and the contribution towards the program by State banks is admirable.

"A large number of homeless families have built their own houses under Janasewana Upahara low interest loan scheme with the support provided by State banks during the past two years, loan coordination and technical guidance for these families were provided free of charge by the National Housing Development Authority", the Minister said. He also said Sate banks will provide Rs. 4,250 million at low interest rates to help homeless families build houses under the Janasewana Upahara program.

"Accordingly, the Bank of Ceylon will provide Rs. 1,200 million, People's Bank will provide Rs. 1,2000 million and the National Savings Bank will provide Rs. 1,200 million for this purpose. The Housing Development Financial corporation Bank will provide Rs. 500 million and the State Mortgage and Investment Bank will provide Rs. 150 for this program", he said. Construction, Engineering Services, Housing and Common Amenities Minister Secretary P.H.L. Wimalasiri Perera, Additional secretary (Housing and Development), P.L.S. Senadheera, National Savings Bank Chairperson W.A. Nalani, Housing Development Financial corporation Bank Chairperson S. Wickramasinghe, People's Bank Chief Executive Officer and the General Manager N. Wasantha Kuamra, Bank of Ceylon Deputy General Manager H.M. Mudiyanse, State Mortgage and Investment Bank General Manager Lalith Munaweera, Department of National Budget Additional Director General W.A.D.S. Gunasinghe, National Housing Development Authority Chairman Jayantha Samaraweera, Deputy Chairman A.W. Dayananda and some other officials participated.