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