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 Bank Charges and Fees
1

Initial Deposit

General Loan

1,000/-

Priority Loan

5,000/-

(Speed Loan) / Initial Deposit

10,000/-

Government Employee Loan

7,500/-

2

Savings Account Opening – Initial Deposit

Normal Savings Account

1,000/-

Muthusina Minor Savings Account

500/-

Challenger Minor Saving Account

1,000/-

Sarani Minor Savings Account

500/-

Corporate Saving Account

10,000/-

Common Savings Account Apoorva

1,000/-

Common Savings Account Max Saver

5,000/-

3

CRIB Report

Individual

350/-

Institution

1,000/-

4

BOQ Prepared By The Bank – Construction Loans

BOQ Up to Rs.2,500,000/-

2,500/-

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

5,000/-

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

10,000/-

5

Internal Valuation Fee (Construction And Purchase)

Up to Rs.500,000/- loans

3,000/-

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

5,000/-

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

7,500/-

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

10,000/-

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

15,000/-

Above Rs. 10,000,000/-

15,000.00 + 0.1% of amount over Rs.10 Million

External Valuation Fee (Only For Purchase)

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

17,500/-

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

20,000/-

Above Rs.20,000,000/-

25,000/-

Portion Of Release Valuation Charges

7,500/-

Recovery Inspection Charge

2,000/-

Income/Preliminary Inspection Charge

2,000/-

6

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

7

Bank Charges On Loans

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

100,000/-

For EPF loan – 1.25% of Approved Loan amount at disbursement of the loan (Maximum Rs.50,000/-)

50,000/-

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

50,000/--

8

Closing Of Savings Account

250/-

9

A Certified Copy Of Mortgage Bond

500/-

10

A Certified Copy Of Building Plan

500/-

11

Deed/Plan or any Other Certified Copy

200/- each

12

Loan Against Fixed Deposit

500/-

13

SLIPS Transfers

50/-

14

Tax Certificate (Loan Related Without FD )

250/-

15

Loan Past Payment Schedule

300/-

16

Loan Repayment Schedule

300/-

17

NIC Details

25/-

18

Loan Settlement Claim Statement

300/-

19

Deed of Release/Portion of Release

5,000/-

20

Re issue a Duplication Pass Book

150/-

21

Re issue a Duplication FD Certificate

300/-

22

Loan Reschedule Charge (Personal Loan)

1,000/-

23

Loan Reschedule Indenture (Mortgage Loan)

2,000/-

24

Loan Status Report

300/-

25

Change Of Nomination

100/-

26

Change Of Standing Order

100/-


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