Personal Loans

A personal loan can be obtained from a Bank which can be repaid with a fixed or variable Indicative Rate over a period of time. Usually personal loan repayments can go up to a maximum of 5 Years. The borrower could use the funds for personal use such as weddings, vacations, education, emergencies, travel and etc...


Bank Selection
Best Used For
NSB ECO
Indicative Rate (P.A) Tenure Max. Loan
9.50% Up to 7 Years 1,500,000

Features
Going green is the best way to protect the nature and our surrounding environment.
The lesser Grid electricity you consume the lesser your Carbon Footprint.
If you are conscious of the Carbon Footprint you leave, then NSB is ready to lend a hand with our Personal Loan for the Purchase of Solar Power Panels.
Educationl Loan
Indicative Rate (P.A) Tenure Max. Loan
12.50% Up to 7 Years LKR 4,000,000

Features
BOC Educational loans provide the financial support you need to achieve your higher educational achievements at local or foreign universities
Option of paying only the interest until the degree is complete
Receive the maximum loan amount necessary for your requirements
Speedy service | No hidden costs
Personal Loan - Administrative Services
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 5 Years LKR 7,000,000

Features
This loan scheme provides financial support to the Member of Sri lanka Administrative Service Association or Sri Lanka Educational Administrative Services Association for any personal needs, legally acceptable to the bank.
One Inter – Service Guarantor
Credit card on Clean Basis
SDB Upahara
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank Up to 10 Years LKR 4,000,000

Features
Especially designed for retired Government servants and pensioners of the Ceylon Electricity Board (CEB), the Upahara loan scheme empowers Sri Lankan senior citizens to continue in their pursuit of happiness and fulfillment during their post-retirement life, while also contributing to the national economy
Loans up to Rs. 4 million
Repayment period up to 10 years, and 75 years of age
Lowest insurance charge
Automatic loan protection cover for all applicants
Assistance in swift transfer of pension salaries
Medical & Dental Surgeons
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 7 Years LKR 10,000,000

Features
This loan scheme provides financial support to the members of the Government Medical Officers Association, Sri Lank Medical Council & Government Dental Surgeons' Association for any personal needs, legally acceptable to the bank.
Up to a maximum of Rs.10 Mn.
Credit card: Up to a maximum of Rs.1 Mn.
One Inter-service guarantee for loans over Rs.1 Mn.
Credit card on Clean basis
Self-Employed Individuals
Indicative Rate (P.A) Tenure Max. Loan
9.50% to 14.25% Up to 7 Years LKR 10,000,000

Features
We grant Loans for up to 5 Years and up to 7 Years for professionals.
We give you very attractive Interest Rates.
We are ready to grant you Loans from a minimum of Rs. 100,000, up to a maximum of 10,000,000.We offer up to 18 times your salary (subject to evaluation).
HSBC Lifestyle Travel Loan
Indicative Rate (P.A) Tenure Max. Loan
11.00% to 11.50% Up to 5 Years LKR 3,500,000

Features
No personal guarantors or down payments | Travel loan amount maximum of LKR3,500,000
Choice of both fixed and floating rate interest rate options
Option of repaying the loan based on a reducing balance or an equal installment scheme
Flexibility to choose the repayment period of up to 5 years (60 instalments)
Freedom of making a joint application (spouse only) provided the joint applicant earns the minimum remuneration as specified below
Personal Loans
Indicative Rate (P.A) Tenure Max. Loan
13.45% to 16.45% Up to 8 Years LKR 7,000,000

Features
Loans from Rs 100,000 up to Rs 7Mn
Flexibility in choosing the repayment period, from 12 to 96 months (maximum 8 years)
Freedom of applying jointly with your spouse or child provided the joint applicants earns a minimum monthly net remuneration of Rs. 30,000/-
No guarantor, security, collateral or prior bank account relationship required
Speedy processing | Repay in equal monthly installments or on a reducing balance basis
GMOA / GDSA LOAN SCHEME
Indicative Rate (P.A) Tenure Max. Loan
8.00% to 9.25% Up to 10 Years LKR 10,000,000

Features
This is a specially formulated loan scheme for government medical officers with membership of Government Medical Officer’s Association (GMOA) and Government Dental Surgeon’s Association (GDSA)
Competitive interest rates to suit your repayment capacity
Great offers and benefits
Swabhimana Personal Loan
Indicative Rate (P.A) Tenure Max. Loan
10.25% Up to 12 Years LKR 5,000,000

Features
Personal loans from Rs. 100,000 up to Rs. 5Mn | Repayment in equal monthly installments
Flexibility in choosing the repayment period of up to 12 years ( Repayment must be completed before retirement age limit)
Loan applicant and guarantors must have their monthly salaries depositing at the Pan Asia Bank branch where the loan was obtained.
HSBC Lifestyle Wedding Loan
Indicative Rate (P.A) Tenure Max. Loan
11.00% to 11.50% Up to 5 Years LKR 3,500,000

Features
No personal guarantors or down payments
Lifestyle Wedding Loan amount maximum of LKR3,500,000
Option of repaying the loan based on a reducing balance or an equal installment scheme
Flexibility to choose the repayment period of up to 5 years (60 instalments)
Choice of both fixed and floating rate interest rate options
Freedom of making a joint application (spouse only) provided the joint applicant earns the minimum remuneration as specified below
Ran Aswenna loan scheme
Indicative Rate (P.A) Tenure Max. Loan
6.54% Up to 5 Years LKR 750,000,000

Features
Ran Aswenna loan scheme is a special scheme for productivity enhancement and commercialization in farming activities. Providing capital to improve the adaptation of technology and modern agriculture practices of farmers.
Ranaviru Harasara
Indicative Rate (P.A) Tenure Max. Loan
9.95% to 14.25% Up to 20 Years LKR 4,000,000

Features
Preferential interest rates for Savings Accounts, Fixed Deposits and Foreign Currency Accounts
Visa Debit Card | Dedicated staff at all branches to serve Ranaviru customers
SMS and internet banking facility
Scholarship and gifts for Ranaviru children
10% bank contribution for your child’s deposit
A specialized banking services package tailor-made to members for the Sri Lankan armed services and their families.
Education Financing
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank Up to 5 Years LKR 5,000,000

Features
Financing for course fees, registration fees and examination fees
Financing from Rs. 50,000/- to Rs. 5,000,000/-
Up to 5 years financing | Competitive installments
Flexible installment plans | Ability to apply jointly with parents
Personal Loans
Indicative Rate (P.A) Tenure Max. Loan
10.00% to 11.50% Up to 7 Years LKR 5,000,000

Features
Top up facility - You can apply for a renewal of your Personal Loan, after repaying a part of the original Personal Loan obtained by you.
You have a choice of fixed or floating interest rates.
Your loan will be processed within a maximum of three working days, after submitting the loan application with all required documents.
Enjoy fast, convenient and 24 x 7 unlimited access points to your account from anywhere in the world through Online Banking, Telephone & Mobile Banking or through the millions of ATMs belonging to Cirrus or Visa networks anytime and anywhere.
You can talk to our loan officers for advice and guidance at any time before and during the repayment period of your loan.
Ability to apply via Online Banking - If you are already registered for our Online Banking facility, now you can apply for Personal Loans online from where ever you are at a time convenient to you
Sammana Loans
Indicative Rate (P.A) Tenure Max. Loan
9.95% to 14.25% Up to 10 Years LKR 5,000,000

Features
Loans from Rs 100,000 up to Rs 7Mn | Flexibility in choosing the repayment period, from 12 to 96 months (maximum 8 years)
Freedom of applying jointly with your spouse or child provided the joint applicants earns a minimum monthly net remuneration of Rs. 30,000/-
No guarantor, security, collateral or prior bank account relationship required
Speedy processing | Repay in equal monthly installments or on a reducing balance basis
Nations Personal Loan
Indicative Rate (P.A) Tenure Max. Loan
Contact Bank Up to 5 Years LKR 5,000,000

Features
Get loans up to a maximum of Rs. 5 million.
You enjoy fixed and variable interest rates.
Repay at your own time, within 5 years.*
If you’re a salaried employee, there are no guarantors.
Are you a “Nations Salary Saver” customer? You get special interest rate concessions.
You can even apply jointly with your spouse.*
Your loan will be processed within 5 working days.*
Personal Loan for Engineers
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 10 Years LKR 7,000,000

Features
This loan scheme provides financial supporting to the members of IESL & IIESL in the corporate & Non – Corporate sector for any personal needs, legally acceptable to the bank.
Credit card on Clean basis
Corporate members – One personal Guarantee
Non - Corporate members – Two personal Guarantee
HSBC Lifestyle Education Loan
Indicative Rate (P.A) Tenure Max. Loan
11.00% to 11.50% Up to 5 Years LKR 2,500,000

Features
No security or personal guarantors required
Loan amount up to a maximum of LKR2,500,000
Application made jointly with the child (student)
Option of repaying the loan based on a reducing balance or an equal installment scheme
Flexibility to choose a repayment period of up to 5 years (60 installments)
Choice of both fixed and floating rate interest rate options
Freedom of making a joint application (spouse only) provided the joint applicant earns the minimum remuneration as specified below
Aspire Education loan - LK individuals
Indicative Rate (P.A) Tenure Max. Loan
16.45% Refer Bank LKR 7,500,000

Features
Parents & Siblings can apply for the loan | One year grace period on a case by case basis
If the student is over 18 years of age, he/she should be included as a co-borrower
Loans can be considered for the purposes of Enrollment and course fees, Registration and exam fees, University examination fees and accommodation, for child’s school admission fees, purchasing a Laptop or a Desktop computer
Loans granted to individuals who wish to complete recognized professionals exams, UGC approved Degrees, Masters and PhD programmes
Personal Loan - University Staff
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 7 Years LKR 5,000,000

Features
This loan scheme provides financial support to university staff (who are working the institutions which were approved by the UGC) for any personal needs, legally acceptable to the bank.
Academic staff: Up to a maximum of Rs.5 Mn.
Academic staff: Up to a maximum of Rs.05 Mn.
Personal guarantee of two officers of similar or higher grade
Ranmini Loan
Indicative Rate (P.A) Tenure Max. Loan
20.00% 4 Years LKR 500,000

Features
Up to 100% of the gold value assessed by SDB can be financed. Customers are given the option of contributing to the total invoiced amount
Maximum loan amount of Rs. 500,000/= and a minimum of Rs. 100,000/=
Customer should open an Investment Savings Account (ISA) with SDB with a minimum initial deposit of Rs. 500/=
Customer should agree to remit monthly salary / installment.
Repayment period up to 48 months
No guarantors required
Permanent service not considered
The item purchased will be lodged with bank until the full repayment of the loan
Professional Loan Scheme
Indicative Rate (P.A) Tenure Max. Loan
9.00% to 9.75% Up to 20 Years LKR 3,000,000

Features
We are geared to encourage aspiring professionals of the nation as they follow their vision in life
Competitive interest rates to suit your repayment capacity
Great offers and benefits
Solar Vantage Loans
Indicative Rate (P.A) Tenure Max. Loan
Contact Bank Up to 5 Years LKR 4,500,000

Features
Quick and hassle free service
Flexible repayment tenure upto 5 years
Flexibility to make early and/or partial settlements for a nominal charge
The equipment is from a reputed and a Sri Lanka Sustainable Energy Authority (SLSEA) recommended supplier.
Free on-site feasibility studies and advisory services from the service providers
Financing from Rs. 500,000/- to Rs. 4,500,000/-
No security needed
Up to 75% of the total cost
Pawning & Ran Loans
Indicative Rate (P.A) Tenure Max. Loan
10.00% Up to 12 Months Refer Bank

Features
Attractive interest rates | Repayment periods ranging from 1 to 12 months | Hassle free operations
Redemptions can be made in installments | No up front interest | 100% confidentiality | No handling charges
Ability to make part payments by you or by a person nominated by you without prior notice at any branch
Option to renew the advance by paying interest at any branch
Use of advanced technology to assess the value of your gold jewellery without any damages
Specially trained staff to cater to your needs | Provision of a detailed report of your payments and settlements on request
Free insurance cover for your valuables | Provision of maximum security and confidentiality
Personal Loan for Accountants
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 7 Years LKR 2,000,000

Features
This loan scheme provides financial support to the Member of Sri Lanka Accountants Service Association for any personal needs, legally acceptable to the bank.
Special Grades Maximum up to Rs. 2,000,000/-
Grade I % II Maximum up to Rs. 1,500,000/-
Grade III Maximum up to Rs. 500,000/-
One Inter – Service Guarantor
Professionals' Loans
Indicative Rate (P.A) Tenure Max. Loan
10.00% to 11.50% Up to 7 Years LKR 8,000,000

Features
Top up facility - You can apply for a renewal of your loan, after repaying a part of the original loan obtained by you.
You have a choice of fixed or floating interest rates.
You will receive Internet Banking facility, free of joining fee and the first year annual fee.
Your loan will be processed within a maximum of three working days, after submitting the loan application with all required documents.
Fast, convenient and 24 x 7 unlimited access points to your account from anywhere in the world through Online Banking, Telephone & Mobile Banking or through the millions of ATMs belonging to Cirrus or Visa networks anytime and anywhere.
You can talk to our loan officers for advice and guidance at any time before and during the repayment period of your loan.
Ability to apply via Online Banking - If you are already registered for our Online Banking facility, now you can apply for Professionals’ Loan online from where ever you are at a time convenient to you
Vehicle Loan - Government Employees
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 10 Years LKR 3,000,000

Features
This loan scheme provides financial support to Government and Provincial public sector employees to purchase Motor Vehicles.
Mortgage over motor vehicle / motor cycle / scooter
Personal guarantee of two officers of similar or higher grade
Assignment over comprehensive insurance policy
Personal Loans - Salaried Individuals
Indicative Rate (P.A) Tenure Max. Loan
9.50% to 14.25% Up to 7 Years LKR 10,000,000

Features
We grant Loans for up to 5 Years and up to 7 Years for professionals.
We give you very attractive Interest Rates.
We are ready to grant you Loans from a minimum of Rs. 100,000, up to a maximum of 10,000,000.We offer up to 18 times your salary (subject to evaluation).
Deya Viru Pranama Loan Scheme
Indicative Rate (P.A) Tenure Max. Loan
9.50% to 10.75% Up to 10 Years LKR 2,000,000

Features
This loan scheme has been introduced to honor and appreciate those serving in the armed forces
We offer flexible and easy loan terms
Competitive interest rates to suit your repayment capacity
Wisdom Higher Education Loan
Indicative Rate (P.A) Tenure Max. Loan
8.75% to 9.75% Up to 7 Years LKR 10,000,000

Features
We understand that ensuring quality higher education is one of the most important things we can do for our future generation.
We offer flexible and easy loan terms
Competitive interest rates
Seylan Pensioner Loan
Indicative Rate (P.A) Tenure Max. Loan
7.50% to 11.00% Up to 10 Years LKR 5,000,000

Features
Loan for any purpose
Maximum loan amount LKR 2,500,000/-
Convenient Banking with –Island wide Branch Network , ATM network, Cash Deposit Machines & 365 day Banking
Easy – access Banking- Internet Banking/ SMS Alert/ Mobile Banking
Repayment period up to 10Years, subject to full settlement prior to reaching 70th birthday.
Existing pension loan client could apply for a subsequent loan after completion of 12 calendar months from the date of obtaining the last pension loan.
Seylan Scholar
Indicative Rate (P.A) Tenure Max. Loan
8.50% to 13.00% Up to 7 Years LKR 10,000,000

Features
Loans granted up to 10 Mn and minimum amount will be Rs. 100,000/-
Repayment period up to 7 years.
Joint Loans available with Parents / Spouse.
Can borrow from the Islandwide branch network spanning to 156 locations.
Local education such as CIMA, CIM, SLIM, IPM, AAT, Fashion Degrees & MBA.
Overseas education – Parents who want to educate their children and professionals who want to pursue foreign degrees will be with course fees, living expenses and accommodation.
Sumithuru
Indicative Rate (P.A) Tenure Max. Loan
Up to 11.50.% 7 Years LKR 4,000,000

Features
To construct or purchase a house
To purchase a building site
To complete construction of a new house or add new extensions
To repair or renovate an existing house
To redeem loans obtained from a recognized Financial Institutions for housing purposes
To obtain electricity, water supply facilities etc.
SDB Athamaru
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank 3 Months LKR 1,000,000

Features
A short, three-month loan facility for a minimum loan amount of Rs. 50,000 and a maximum amount of Rs. 1 million
0% interest rate per annum
Account holders can obtain an advance loan amount of 90% of the total gold value
Ensured accuracy of gold weight and value with the latest equipment
Benchmarked services that guarantee speed, privacy and the highest level of confidentiality
Guaranteed security of collateral
Processing Fee 2.50% (per quarter)
NSB Personal Loan - Individual / Group
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank Up to 7 Years Refer Bank

Features
Versatile and can be obtained individually or as a group/collectively.
Flexible with up to an 84 month repayment period.
Convenient with minimal paperwork.
Attractive interest rates.
special schemes, Employees of State Departments
Employees of State Authorities
Employees of Statutory Boards
Employees in Nationalized Services
Purchase of Solar Panels
Aspire Education Loans
Indicative Rate (P.A) Tenure Max. Loan
16.45% Up to 7 Years LKR 7,500,000

Features
Parents & Siblings can apply for the loan
If the student is over 18 years of age, he/she should be included as a co-borrower
One year grace period on a case by case basis
Loans can be considered for the purposes of Enrollment and course fees, Registration and exam fees, University examination fees and accommodation, For child’s school admission fees, Purchasing a Laptop or a Desktop computer
Loans granted for all recognized Degrees in UGC approved private/semi government local universities and foreign universities (based in Sri Lanka & abroad) and recognized professional examinations.
Nursing & Para medical staff
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 7 Years LKR 2,000,000

Features
This loan scheme provides financial support to the confirmed nursing staff and allied grades in permanent services of Government Hospitals for any personal needs, legally acceptable to the bank.
Loan: Up to a maximum of Rs.2.0 Mn.
Credit card: Up to a maximum of Rs.1 lacks
One Inter-service guarantor
Credit card on Clean basis
SDB Uththamachara
Indicative Rate (P.A) Tenure Max. Loan
10.00% to 16.00% Up to 10 Years LKR 9,000,000

Features
Loans up to Rs. 9 million
Repayment period up to 10 years OR
A loan can be obtained by disabled personnel, considering the fixed allowance that they are eligible after reaching the age of 55 years
Loan repayment period up to 75 years of age
Automatic loan protection cover for all applicants
Assistance to swift transfer of salary remittance.
Personal Loan – Veterinary Surgeons
Indicative Rate (P.A) Tenure Max. Loan
8.25% to 10.00% Up to 5 Years LKR 1,500,000

Features
This loan scheme provides financial support to the members of the Veterinary Surgeons Association and the member of Veterinary Council of Sri Lanka for any personal needs, legally acceptable to the bank.
Loan: Up to a maximum of Rs.1.5 Mn.
Credit card: Up to a maximum of Rs.0.5 Mn.
One Inter-service guarantor
Credit card on Clean basis
HDFC Educational Loan
Indicative Rate (P.A) Tenure Max. Loan
13.50% to 14.50% Up to 5 Years Contact Bank

Features
Competitive interest rates
Prompt processing
Repayment period - up to 05 years
Existing customers can obtain the loan over the property which has already been mortgaged
The Loan amount that can be obtained under Education loan 70% of property value based on the repayment capacity of applicant's, Guardian/Parent