- Last Update 2024-08-31 22:06:00
115 senior sailors receive interest free loans
Navy granted interest free loans worth Rs. 500,000 each to another 115 senior sailors yesterday, Navy said. The ceremony held at the Naval Headquarters to handover the cheques in this regard was presided over by the Commander of the Navy, Vice Admiral Sirimevan Ranasinghe.
The financial allocation of Rs. 57.5 million utilized for the above purpose was provided by the Naval Benefit Foundation. The occasion was also attended by the Secretary to the Commander of the Navy, Captain (S) Achala De Silva.
This welfare initiative was mooted to recognize the contribution of long serving senior sailors of the Sri Lanka Navy. Accordingly, a total of 1,628 senior sailors have been granted interest free loans till date. The Navy is determined to grant this financial support to yet another 3,344 senior sailors in due course.
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