Updated On: 28th July 2023

Compare Housing Loan Interest Rates in Sri Lanka

Institution Name Product Name Max Amount Minimum Rate Repayment Eligibility Order More
Amana Bank
Amana Bank
Amana Bank Home Finance Minimum 500,000/- or maximum up to 70% or Property Value 15 Years Salaried Employees
Self Employed
Srilankans Employed Abroad
110 Go
BOC
BOC
BOC Housing Loan Scheme Depend on the repayment capacity of the customer 21% 25 years BOC Customers, Sri Lankan citizens of age between 18-60 with an adequate repayment capacity with clear DRU and CRIB Records Limited liability Companies (House Constructors for sale) 100 Go
Cargills Bank
Cargills Bank
Cargills Bank Home Loans Purchase of a house for residential purposes up to 75% of the FSV Construction of a house on owned property up to 80% of the Bill of Quantity (BOQ) Purchase of a bare land up to 40% of the FSV Renovate, modify or extend an existing house up to 75% of the BOQ 17% Minimum of 5 Years. Maximum of 20 Years Age 21 – 55
Confirmed employees in an established company/ Institution
Minimum Gross Salary of Rs.30,000/=
10 Go
Commercial Bank
Commercial Bank
Commercial Home Loan Depending on your need and income, you could borrow from Rs 500,000/- up to Rs 50.0 million.
Even if your requirement is in excess of Rs 50.0 million, you can still negotiate with your branch manager for a higher amount.
17% Depending on your age you could agree for a repayment period of up to 20 years. You should have a regular monthly income,(minimum Rs 25,000) individually or jointly with your spouse. This income should be sufficient to meet the monthly loan commitment as well as living and other expenses. 30 Go
DFCC Vardhana Bank
DFCC Vardhana Bank
Sandella Housing Loan The maximum loan amount is determined considering the repayment capacity and the Forced Sale Value (FSV) of the property as stipulated by the Bank. In case of construction of a House, the bank allows a maximum borrowing up-to 75% of the value of the Bill of Quantity (BOQ) 17% Minimum 5 Years Maximum 20 Years To be eligible for a Home Loan an individual should earn a regular monthly income of LKR 30,000 or above and the income should be sufficient to meet the monthly loan commitment as well as other commitments and living expenses. 20 Go
Hatton National Bank
Hatton National Bank
Shanthi Home Loans 16% 25 Years Those with a regular monthly income, individually or jointly with spouse Public and private sector employees, professionals, businessmen or businesswomen Sri Lankans employed abroad 80 Go
HDFC Bank
HDFC Bank
Kedella From Rs. 50,000/- upwards (Maximum repayment period varies according to age) Purchase of house: 70% of the forced sale value Construction loans: 80 % of the forced sale value of property and BOQ Purchase of Building Blocks 70% within Municipality limits and 60% Pradeshiya Sabha limits 24% 30 Years Salaried employees
Business/self Employed
Income earners from Agriculture
Rental Income earners
Others who can provide details of a constant income from authorized personnel.
You can apply for the loan either individually or jointly (with your spouse, with parents or with your children)
70 Go
NSB
NSB
Ge-Dora Depend on Repayment capacity Age Value of the Collateral Purpose 22% 30 years Who is Permanently Employed.
Who is Self Employed.
Who is an Expat Employee.
Who is a Tax Payer
90 Go
People's Bank
People's Bank
Jaya Niwasa No upper Limit on Maximum Loan amount, up to 75% of - BOQ in constructing a house -Value in Purchasing of a land for residential purpose / purchasing of a house 30% Up to 05 years on personal guarantee Up to a maximum period of 20 years on property mortgage Salary Earners /Businessmen & Business Women with a steady monthly income. 50 Go
Sampath Bank
Sampath Bank
Sampath Sevana The maximum loan amount is determined considering the repayment capacity & the Forced Sale Value (FSV) of the property as stipulated by the Bank.
To purchase a house or to purchase a land and construct a house, you can borrow up to 70% of the total cost of the housing project.
To extend or renovate your house, you can borrow up to 75% of the bill of quantity(BOQ) value
18.50% Maximum period of 25 years or until the borrower reaches the age of 60 Sri Lankan citizens Who have a regular Net Individual Monthly Income exceeding Rs. 60,000/- 60 Go
Seylan Bank
Seylan Bank
Seylan Sirinivasa From a minimum of Rs.500,000/= based on the applicant’s repayment capacity and value of property. Maximum loan amount Rs.100 Million. 17.50% 5 Year Maximum 10 years Salaried Employees, Professionals, Business Men, Sri Lankans employed Abroad, Joint borrowers with spouse, Parents with Son and Daughter over 18 years of age. 40 Go

Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated . Users are advised to recheck the same with the individual companies / organizations. Ideabeam.com does not take any responsibility for any sudden / uninformed changes in interest rates.
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