Features
Repayment period maximum up to 15 years 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 'NDB Aachara' account (savingd/current account)
Maximum age limit of 75 years 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