Need short-to-mid term financing secured by property? SDB’s All Purposes Property Loan offers fixed rates up to 5 years, fast 10-day disbursement and flexible use for purchase, construction, education, green energy and more. Apply today.
FEATURES AND BENEFITS
Purposes:
- Property purchase
- Property Construction
- Consumption needs
- Education purposes
- Purchase of solar power systems and Electric bicycles
- Investments for Green Energy Projects
- This includes statutory payments, including income tax and personal tax obligations under the self-assessment
- Debt Settlement (Subject to Credit Policy guidelines)
- All other accepted purposes by the bank except Business Purposes under SME.
Tenor:
- Maximum 5 years
Interest Rate:
- Fixed interest rates
Eligibility
- Professionals in personal services
- Government & Semi Government employees
- Private Sector Employee
- Contract - based or Project- based employees
- Pensioners
- Householders with Fixed Income
- Green Energy Loan Applicants
- Educational Loan Borrowers
- Foreign Employees
- Freelancers who can verify regular income
- Entrepreneurs / Business owners
- Retirees with Investment Portfolios, especially those seeking mid-term financing with asset-backed security
- Rent income earners
- Other Fixed / Regular income earners.
Required Documentation
- A duly completed loan application
- Proof of identity
- Proof of address
- Income Verification
- Purpose verification documents
- Property Details
Deposit liabilities have been insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board on payment of applicable premium for compensation up to a maximum of Rs. 1,100,000 per depositor. - https://www.cbsl.gov.lk/en/sri-lanka-deposit-insurance-scheme
- No. 12. Edmonton Road
Kirulapone
Colombo 06
Sri Lanka. - 011 5411 411
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