BOC | Personal Loan | Vehicle Loan - Government Employees

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BOC

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Bank of Ceylon

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Up to 28.50%	Up to 7 Years	LKR 3,000,000
Indicative Rate (P.A)	Tenure	Max. Loan

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This loan scheme provides financial support to Government and Provincial public sector employees to purchase Motor Vehicles.

Mortgage over motor vehicle / motor cycle / scooter

Personal guarantee of two officers of similar or higher grade

Assignment over comprehensive insurance policy

Should be a Permanent Officer of the Central Government or provincial public service

Should possess a valid driving license

A loan under this scheme may be obtained only once in five years

Loan Application | Pro forma invoice | Declaration from the seller (for second hand vehicle)

Valuation Report | Certificate of Registration | Comprehensive insurance Policy

Revenue License for the current year | Certificate from the Head of the Department | Form No 375