Features
Repayment period maximum up to 10 years under fixed rates and up to 15 years under variable rates subject to maximum age limit of 75 years
Life insurance coverage for the borrower in case of death of the borrower the loan will be settled in full by the insurer
No security requirement
Eligibility
Anyone receiving a pension from the Department Of Pensions Sri Lanka and crediting same to an "NDB Aachara" Account (Savings/Current Account)
Maximum age limit of 75 years as at maturity date of loan
Minimum monthly pension of Rs. 6,000/-
Documents Needed
Copy of the NIC/Passport/Pension ID/Driving Licence
Valid document to verify the address
Any other document requested by the Bank