A special Personal Loan scheme for government and private sector teachers.
The Teachers Loan could be obtained for a maximum period of 7 years subject to one’s retirement age
Should be a Teacher in government, semi government or Identified Private/ international school or an executive/ senior executive (Grade I, Grade II, Grade III or Special Grade) in educational administrative service
Teachers with minimum monthly gross income of LKR 30,000 (Basic + fixed allowances) Individuals in educational administrative service with minimum monthly gross income of LKR 50,000 (Basic + Fixed Allowances)
Should be in the permanent employment with at least 2 years continues employment
Age between 18 to retirement, subject to the loan being fully repaid before the date of retirement
Documents Needed
Duly completed Application Form / Accepted Terms & Conditions
A certified copy of one’s National Identity Card, Driver License or Passport
Identification from the relevant professional body or copy of the professional qualification if applicable
Assignment over salary issued by the employer on company letter head as per the standard format of DFCC Bank
Latest 3 months original/certified salary slips
Written confirmation from relevant financial institutions on the settlement quantum