KEY FEATURES

• Lowest fixed interest rate.

• Flexible repayment tenure up to 20 years.

• Financing from LKR 250,000 up to LKR2.5 million upwards.

• Loans offered as against a mortgage.

• Loans could be utilized for any housing purpose except for land purchases.

WHO CAN APPLY?

• Resident Sri Lankan Citizens.

• Employees’ Trust Fund (ETF) members.

• 5 years continuous contribution towards the ETF fund.

• Co-applicant status - The spouse or parents of the primary applicant.

• The premises should be owned by the applicant or spouse.

• Individuals between the ages of 18 to 55.

WHAT YOU'LL NEED

• Two Photographs of the applicant.

• Two photocopies of National Identity Card (NIC).

• Sellers Letter (Stating the selling price of a land or residential property).

• ETF Confirmation.

• Employer letter (covering designation, salary, allowances, period of service).

• Salary slips for last Three months.

Legal Documents:

• Copies of the title deeds.

• Survey plan referred to in the Deed which is duly approved by the Local Authority. If this is more than 10 years old, a new survey plan, duly connected to the former plan, is required (If approval is not required, a letter issued by the Local Authority to this effect).

• Certified original extracts of the property for last 30 years (to be obtained not less than one month from the date of application).

• Local Authority certificates (Issued within the last three months).

• Street Line/Building line.

• Non-Vesting.

• Ownership certificate.

• Tax receipts/Assessment Notices.

In case purchase of a residential property or construct a house:

• Approved Building plan (If approval is not required, a letter issued by the Local Authority to this effect).

• Certificate of conformity (COC) - Only for purchase of a residential property.

• Bill of quantities acceptable to the bank (Applicable only for construction of a house).

• Insurance: decreasing Term Assurance Policy (DTAP) to cover the full loan amount assigned to the Bank.

• Insurance: fire, SRCC and subversive insurance cover obtained and assigned to the Bank.

'Viyana' ETF Home Loans

Owning a home to call your own!