Updated On: 1st August 2016

Compare Housing Loan Interest Rates in Sri Lanka

Institution Name Name Max Amount Minimum Rate Repayment Elgiblity Order
Sampath Bank
Sampath Bank
Sampath SEVANA To purchase a house or to purchase a land and construct a house, you can borrow up to 70% of the total cost of the housing project.
To extend or renovate your house, you can borrow up to 75% of the bill of quantity(BOQ) value
25 years or until the borrower reaches the age of 60 Sri Lankan citizens.
Have a regular net monthly income in excess of Rs. 60,000/- individually.
Go 10000
Seylan Bank
Seylan Bank
Seylan Siri Niwasa Rs.5,000,000 15.25% for 5 Years up to 25 Years Salaried employees
Professionals
Businessmen
Sri Lankans employed aboard
Joint borrowers
With spouse
Parents with Son/Daughter over 18 years of age
Go 155
Commercial Bank
Commercial Bank
Home Loan Rs.5,000,000 14.5% Floating 20 Years You should have a regular monthly income, individually or jointly with your spouse. This income should be sufficient to meet the monthly loan commitment as well as living and other expenses. Go 145
Cargills Bank
Cargills Bank
Cargills Bank Home Loans Maximum 90% of the valuation of the property. (The amount will be considered on the repayment capacity of the applicant) 11.00 % p.a. and upwards (6 Months variable interest rate) Minimum of 5 years to a maximum of 15 years. (loan tenor will depend on the age of the proposed borrower) Above 21 years of age
Employed in an established company/institution
A confirmed employee, with a minimum monthly income of Rs.30,000
Go 110
DFCC Vardhana Bank
DFCC Vardhana Bank
Vardhana Sandella Up to 80% of BOQ value for house construction on owned land
Up to 60% of market (purchase) value for outright purchase
Up to 70% of total cost for land purchase and construction of house
14.00% p.a. Fixed for 2 years and AWPLR + 3.5% thereafter up to 20 Years Any citizen of Sri Lanka aged between 18 to 55 years
Applicant should possess adequate income to service the loan, subject to statutory deduction limitations
Individuals employed abroad
Go 140
HDFC Bank
HDFC Bank
Kedella Purchase of house: 70% of the forced sale value
Construction loans: 80 % of the forced sale value of property and BOQ
Purchase of Building Blocks 70% within Municipality limits and 60% Pradeshiya Sabha limits
30 Years Business/self Employed
Income earners from Agriculture
Rental Income earners
Others who can provide details of a constant income from authorized personnel.
You can apply for the loan either individually or jointly (with your spouse, with parents or with your children)
Go 10000
Hatton National Bank
Hatton National Bank
Shanthi Home Loans - - 25 Years Those with a regular monthly income, individually or jointly with spouse
Public and private sector employees, professionals, businessmen or businesswomen
Sri Lankans employed abroad
Go 10000
National Savings Bank
National Savings Bank
Ge-Dora Housing Loan Rs.2,500,000 12% Fixed for 5 Years 30 years for Permanent employees.
10 years for income-tax payers.
5 years if employed in abroad.
15 years if self-employed.
a permanent employee
an income-tax payer
employed abroad
Go 10000
People's Bank
People's Bank
JAYA NIVASA HOUSING LOAN SCHEME Rs.5,000,000 17.0% 20 years For Construction of a House or For Purchase of a House/Land Employees of the Public/Private sector.
Professionals
Self employed
Income tax payers
Sri Lankans employed abroad.
Go 170
Bank of Ceylon
Bank of Ceylon
BOC Housing Loan Scheme Depend on the repayment capacity of the customer Maximum 25 years with one year grace period in equated installements
Maximum age 65 years or the retirement whichever is earlier
Grace period up to 5 years with a maximum of 3 intervals
BOC Customers, Sri Lankan citizens of age between 18-60 with an adequate repayment capacity with clear DRU and CRIB Records Go 10000
Amana Bank
Amana Bank
Amana Bank Home Finance 65% - 100% - - Go 10000
Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated . Users are advised to recheck the same with the individual companies / organizations. Ideabeam.com does not take any responsibility for any sudden / uninformed changes in interest rates.
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