NDB Aachara Loan Scheme dedicates itself to lend a helping hand towards the pensioners of our country.
Product Overview
NDB Aachara Loan Scheme dedicates itself to lend a helping hand towards the pensioners of our country.
Key Features
- Maximum loan amount is Rs. 4,500,000/-
- Anyone receiving a pension from the department of pensions Sri Lanka and crediting same to 'NDB Aachara' account (savings/current account)
- Repayment period maximum up to 15 years, subject to maximum age limit of 75 years
- Life Insurance coverage for the borrower – in case of death, the loan will be settled in full by the insurer
- No security requirements
What You'll Need
- Copy of the NIC / Passport / Pension ID / Driving License
- Valid document to verify the address
- Any other document requested by the bank
More Details
- Available to anyone receiving a pension from the Department of Pensions Sri Lanka and crediting the same to an NDB Aachara Account (savings/current account)
- Maximum age limit of 75 years at the maturity date of the loan
- Minimum monthly pension of Rs. 6,000/-