Personal Loan

Personal Loans

Union Bank of Colombo PLC

Personal Loan Information

Personal Loan

Privet Banking

General

Interest Rate (P.A) : Up to 19.00%

Loan Tenure : Up to 5 Years

Maximum Loan Amount : Contact Bank

Rates and terms last verified on 9 June 2026.

Features

Maximum Loan amount will be based on your salary.
No personal guarantors.
Repayment period up to a maximum of 5 years (60 months).
Ability to apply jointly with spouse.
Loan processed within 5 working days.

Eligibility

Sri Lankan nationals residing in Sri Lanka.
Age between 18 – 55 years.
Salaried individuals and professionals employed in entities recognised by the Bank.
Minimum Net Salary (excluding variable allowances) of LKR 150,000.00 per month.
Should be employed for minimum of 12 months and be in confirmed employment.

Documents Needed

Completed Personal Loan application form.
Copy of National Identity Card.
Copy of recent salary slip.
Letter from employer confirming employment and income.

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About the Personal Loans

The Personal Loans is a personal loan from Union Bank in Sri Lanka. Its listed rate is Up to 19.00%. The features, eligibility and documents above come from the bank's published terms; confirm them with Union Bank before you apply, as rates and conditions change.

Before taking a personal loan, compare the interest rate and whether it is fixed or floating, the maximum amount and repayment period, processing fees, early settlement charges, and the income and documents each lender asks for.

See every personal loans from Union Bank or compare personal loans from every bank.