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