Especially designed for retired Government servants and pensioners of the Ceylon Electricity Board (CEB), the Upahara loan scheme empowers Sri Lankan senior citizens to continue in their pursuit of happiness and fulfillment during their post-retirement life, while also contributing to the national economy
Loans up to Rs. 4 million
Repayment period up to 10 years, and 75 years of age
Lowest insurance charge
Automatic loan protection cover for all applicants
Assistance in swift transfer of pension salaries
Retired Government servants and CEB pensioners below 75 years of age
Remittance of loan applicant’s pension to an SDB account
Documents Needed
A duly filled loan application
Copy of the national identity card / passport / driver’s license for identification
Address verification document (i.e. copy of fixed utility bill, bank statement, etc) if current postal address differs from the national identity card or identification document
Any other document requested by the Bank