Special Loan Schemes
A customised loan scheme that provides financial support for employees of Ceylon News Papers (Pvt.) Ltd.
Ceylon News Papers (Pvt.) Ltd
A customised loan scheme that provides financial support for employees of Ceylon News Papers (Pvt.) Ltd.
Features and Benefits
- Attractive interest rates
- Repayment period up to a maximum of 8 years
- Maximum Loan value of Rs.4Mn
- Ability to apply jointly with spouse (only if spouse is a confirmed employee of a government institution)
- One personal guarantor required
Eligibility/Who can Apply
- Confirmed employee at Ceylon News Papers (Pvt.) Ltd with 5 years of service.
Purpose of Loan
- To construct or purchase a house.
- To add new part to a house (extension)
- To complete construction of partly build house.
- To effect renovation /repair to existing house.
- To purchase machinery, equipment and construction of factory building
- To purchase machinery, equipment and vehicle used for agricultural purpose or tourism industry.
- To purchase properties for agricultural purposes.
- To finance the requirements of tourism, agricultural and fishing industries.
- To redeem loans obtained from a recognized financial institute for above purpose.
Documents Required
- Duly completed Personal Loan application form
- Copy of NIC, Driving License or valid Passport
- Letter from the employer confirming the employee details and salary.
- Any other documents required if any (as per the Bank’s request)face
Conditions apply
For more information visit our nearest SMIB Branch or Contact Us via our Call Centre on 1922