if you are planning to get married, buying a new car, travelling overseas, enrolling in higher studies or fulfilling any other personal requirement you may have, personal loans from commercial bank help make those decisions much easier.
Loan Amount
you can obtain upto Rs. 3 Million, Higher loan amounts can be considered on your disposable income and repayment capacity.
Eligibility
if you are a permanent employee of a reputed organization acceptable to the bank, with a minimum monthly salary of Rs. 25,000/-, you are eligible to apply for a personal loan
Personal Loan and Interest Rates
- Floating interest rate will be reviewed quarterly
- PLR – Prime Lending Rate declared by the Central Bank of Sri Lanka
- Salary range – Basic Salary+Fixed Allowance or Establish Monthly income
- 0.5% per annum will be added to the above rates, for loan period more than 3 years.
Repayment Period
fixed Interest rate loans – Upto 5 years
Floting Interest rate loans – Upto 7 years
your loan applications will be processed with a maximum of 3 working days after submitting all required documents.
For further information and guidance please do contact commercial bank of ceylon plc on 0112 353 333 or see below image
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