This loan scheme provides the facility to public & private sector permanent employees to obtain loans within short period for daily / personal requirements under minimum collateral up to the maximum loan amount of Rs.250,000/- (Loan application will be released as per the requirement of loan client after the discussion with the manager)
Eligibility of the Borrower
Applicant should be permanent employee of the public or private institution and age over 18 years and below 55 years and should have capacity to enter into an agreement with the bank.
Possess the National Identity Card
Should not be a defaulter asa Borrower / Guarantor – The CRIB Status should be clear.
Quantum of loan
Maximum limit is Rs.250,000/-
Rate of Interest
The rate of interest is 17% p.a. A concessionary rate of 13% p.a. with a rebate of 4% is applied for repayment on due date.
Repayment period
Maximum repayment period of the loan is 3 years.
Mode of repayment
The borrower should agree to settle the loan and interest in equal monthly installments. Further, he should agree to open savings account in the bank and deposit required funds to the said account to settle the loan capital and interest. In addition to this account, the Bank may request to open a build up / compulsory savings accounts where withdrawals are restricted.
Securities
Guarantee of two persons acceptable to the bank.To obtain guarantors who have permanent employment( Government or Private)
Security over movable assets (Eg. Vehicle/ Machinery etc.) if necessary,
Other acceptable securities (Eg. Life insurance policy / Share certificate)
இந்தச் சேவையானது பொதுவான அரசாங்கத் தகவலைக் கோரும் GIC வாடிக்கையாளர்களுக்காக அர்ப்பணிக்கப்பட்டுள்ளது,
எனவே எங்களிடம் உள்ள ஆதாரங்களில் இருந்து தேவையான தகவல்களை உங்களுக்கு வழங்க நாங்கள் கடமைப்பட்டுள்ளோம்,
எனவே எங்களிடம் உள்ள தகவல்களுடன் சிறந்த சேவைகளை உங்களுக்கு வழங்குவோம். சிங்களம் மற்றும் தமிழில் (யூனிகோட்)
பரிவர்த்தனை செய்யும் போது எழுத்துப் பிழைகள் இருக்கும், எனவே எழுத்துப்பிழை அல்லது இலக்கணப் பிழை இருந்தால் மன்னிக்கவும்.
This service is dedicated for GIC customers who are requesting for general government information,
thus we are obliged to provide you with the required information from the resources we have, thus we will
provide you the best of our services with the information we have at hand, when transacting in Sinhala &
Tamil (unicode) there would be typo errors, therefore we humbly apologize if there is a spelling or grammatical error.