Special Loan Schemes
A customised loan scheme that provides financial support for employees of the Department of Census & Statistics.
Department of Census & Statistics
A customised loan scheme that provides financial support for employees of the Department of Census & Statistics.
Features and Benefits
- Attractive interest rates
- Flexible repayment periods
- Ability to apply jointly with spouse, only if spouse is confirmed government employee
- One personal guarantor required
Loan amount
- Minimum loan amount is – Rs.100,000/-
- Maximum Loan amount
– For Mortgage Loan – Rs.50 Mn
– For Personal Loan- Rs.4Mn
– For Vehicle Loan – Rs.15Mn
Repayment Period
- Minimum 01 year
- Maximum period
– For Mortgage Loan – 25 Years
– For Personal Loan- 07 Years
– For Vehicle Loan – 10 Years
Eligibility/Who can Apply
- Applicant should be a confirmed employee at Department of Census & Statistics
Purpose of Loan
The loan will be offered
- To construct or purchase a house.
- To purchase a block of land to build a house.
- To extend the existing house.
- To complete construction of partly build house.
- To effect improvements/repairs to the existing house.
- To purchase machinery, equipment and construction of a factory.
- To purchase machinery, equipment and vehicle for agricultural and tourism purpos
- To purchase properties for agricultural purposes.
- To finance the requirements of tourism, agricultural and fishing.
- To redeem loans obtained from a recognized financial institution for above purpose
Documents Required
- Duly completed 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 upon bank request
Conditions apply
For more information visit our nearest SMIB Branch or Contact Us via our Call Centre on 1922