Monday – Friday : 8:30am – 3:30pm 

 1922 

 info@smib.lk 

SMIB Personal Loan provides easy and quick financial support for you to meet emergency expenses or make any lifestyle dream come true.


Features and Benefits

  • An attractive interest rate
  • Flexible repayment periods up to a maximum of 12 years
  • Ability to apply jointly with spouse
  • Speedy loan approval process
  • Optimum (maximum) loan amount is decided based on monthly income and repayment capacity

Eligibility

  • Resident, Sri Lankan nationals
  • Age between 18 – 60 years
  • Available for salaried individuals and professionals
    • Applicable for permanent employees at Government, Semi-Government, private sector institutions and professionals
    • Those employed in a ‘Trainee’ capacity attached to the Government sector will also be considered
  • Minimum gross monthly income should be Rs.20,000 or may be sufficient as determined by the Bank based on profession/employment

Documents Required

Salaried Employees

  • Duly completed Personal Loan application.
  • Copy of NIC or valid Driving License
  • Copy of Office ID (if available)
  • Letter from the employer confirming employment, designation, salary and service period
  • Latest 3 months’ Salary Slips and Bank statements
  • Proof of address – Latest utility bill indicating applicant’s name and address
  • Salary remittance/loan instalment remittance letter from employer/ Standing order instruction form from a recognised financial institution

Additional documents (on request)

  • Guarantors
  • Duly filled Guarantor statement
  • Copy of NIC or valid driving license
  • Letter from the employer confirming employment, designation, salary and service period
  • Latest 3 months’ salary slips and Bank statements
  • Address Verification document indicating Guarantor’s name and address.

Professionals (Other than salaried employees)

  • Should possess at least 3 years of practice experience as a professional along with,
  • Documentary evidence for practice experience
  • Financial statements for the past 2 years prepared by a qualified accountant
  • Documentary proof of professional qualifications and license to operate
  • Last 6 months Bank statements (Personal)

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