A special Personal Loan scheme dedicated for government pensioners.
The Garusaru Loan could be obtained for a maximum period of 15 years subject to loan is repaid in full on or before the applicant reaching 75 years of age.
Minimum Loan Amount – LKR 100,000
Maximum Loan Amount – LKR 5Mn
Should be a government pensioner, widows & widowers who receive a pension under the ‘Widow’s pension’ category’, pensioner of Central Bank of Sri Lanka, or pensioner of Ceylon Electricity Board (CEB)
Guardians who are receiving a pension on behalf of minors under the ‘Orphans’ category
Applicants should be below 74 years of age at the time of application and the loan should be repaid in full on or before reaching 75 years of age
The monthly loan installment should be restricted to a maximum of 75% of the monthly net pension
Documents Needed
Duly completed Application Form
Accepted Terms & Conditions
A certified copy of one’s National Identity Card, Driver License or Passport
Valid Pensioner’s Identity Card issued by the Department of Pensions
Duly filled Annexure 1,2,3 and 5 upon request