S M I B

The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.

 Monday – Friday : 8:30am – 3:30pm 

 1922 

 info@smib.lk 

 සිං  |  தமி

S/N Category Existing (Rs.) New (Rs.) Changes (Rs.)
1

Initial Deposit

General Loan

1,000/-

1,000/-

-

Priority Loan

5,000/-

5,000/-

-

(Speed Loan) / Initial Deposit

10,000/-

10,000/-

-

Government Employee Loan

7,500/-

7,500/-

-

2

Savings Account Opening – Initial Deposit

Normal Savings Account

100/-

500/-

Change

Muthusina Minor Savings Account

500/-

500/-

-

Challenger Minor Saving Account

1,000/-

1,000/-

-

Sarani Minor Savings Account

500/-

500/-

-

3

CRIB Report

Individual

175/-

250/-

Change

Institution

300/-

750/-

Change

4

BOQ Prepared By The Bank – Construction Loans

BOQ Up to Rs.2,000,000/-

1,500/-

2,000/-

Change

BOQ Rs.2,000,000 to Rs.4,000,000/-

2,500/-

3,000/-

Change

5

Internal Valuation Fee (Construction And Purchase)

Up to Rs.500,000/- loans

3,000/-

3,000/-

-

Rs.500,000/- to 1,000,000/-

5,000/-

5,000/-

-

Rs.1,000,000/- to 2,500,000/-

7,500/-

7,500/-

-

Rs.2,500,000/- to 5,000,000/-

10,000/-

10,000/-

-

Above Rs.5,000,000/-

15,000/-

15,000/-

-

External Valuation Fee (Only For Purchase)

Rs.5,000,000/- to 10,000,000/-

17,500/-

17,500/-

Change

Rs.10,000,000/- to 20,000,000/-

20,000/-

20,000/-

-

Above Rs.20,000,000/-

25,000/-

25,000/-

-

Portion Of Release Valuation Charges

7,500/-

7,500/-

-

Recovery / Income / Loan releases Inspection charges

1,000/-

750/-

-

6

For business loan – 1% of Approved loan amount at disbursement of the loan (Maximum Rs.100,000/-)

100,000/-

100,000/-

-

For MSME loan – 1% of Approved loan amount at disbursement of the loan (Minimum Rs.2,500/-)

1% or Minimum of Rs.2,500/-

1% or Minimum of Rs.2,500/-

-

7

Bank Charges On Loans

For mortgage loan – 1% of Approved Loan amount at disbursement of the loan (Maximum Rs.50,000/-)

50,000/-

50,000/-

-

For EPF loan – 1% of Approved Loan amount at disbursement of the loan (Maximum Rs.40,000/-)

40,000/-

40,000/-

-

For personal loan – 1% of Approved Loan amount at disbursement of the loan (Maximum Rs.20,000/-)

20,000/-

20,000/--

-

8

Closing Of Savings Account

150/-

150/-

-

9

A Certified Copy Of Mortgage Bond

250/-

500/-

Change

10

A Certified Copy Of Building Plan

100/-

250/-

Change

11

Deed/Plan or any Other Certified Copy

50/-

100/-

Change

12

Loan Against Fixed Deposit

500/-

500/-

-

13

SLIPS Transfers

50/-

50/-

-

14

Tax Certificate (Loan Related Without FD )

50/-

250/-

Change

15

Loan Past Payment Schedule

150/-

200/-

Change

16

Loan Repayment Schedule

150/-

200/-

Change

17

NIC Details

25/-

25/-

-

18

Loan Settlement Claim Statement

-

250/-

New

19

Deed of Release/Portion of Release

3,500/-

5,000/-

Change

20

Re issue a Duplication Pass Book

150/-

150/-

-

21

Re issue a Duplication FD Certificate

250/-

250/-

-

22

Loan Reschedule Charge (Personal Loan)

-

500/-

New

23

Loan Reschedule Indenture (Mortgage Loan)

-

500/-

New

24

Loan Status Report

-

100/-

new

25

Change Of Nomination

-

100/-

new

26

Change Of Standing Order

-

100/-

new


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