Owning a home to call your own!
Key Features
- 80% of the FSV/Selling price (whichever is lower) for salaried segment & 70% for self-employed.
- Flexible repayment tenure up to 25 years (subject to retirement age).
- Tailor-made repayment options to suit your needs.
- Hassle-free insurance blanket covers up to Rs. 20Mn.
- Special benefits from NDB Registered Apartment projects.
What You'll Need
- A copy of the National Identity Card (NIC).
- Sellers Letter (stating the selling price of a unit/Sales agreement).
- Letter from employer (covering designation, salary, allowances, period of service).
- Latest 03 months' salary slips & bank statements.
More Details
Who Can Apply?
- Resident Sri Lankan Citizens.
- Age: 18 to 60 years (subject to retirement age).
Key Features for Salaried Employees
- Repayment tenure up to 25 years or retirement age.
- Financing from Rs. 100,000/- upwards.
- Dedicated personalized team to assist you.
- Ability to structure the loan to suit your repayment capacity.
Who Can Apply?
- Resident Sri Lankan Citizens.
- Salaried employees and professionals.
- Age: 18 to 60 years (subject to retirement age).
What You'll Need
- Copy of the National Identity Card (NIC).
- Sellers Letter (stating the selling price of land or residential property)/Sales agreement.
- Employer letter (covering designation, salary, allowances, period of service).
- Latest salary slips.
- Bank statements for three months.
Legal Documents
- Copies of the title deeds.
- Copies of the plans.
- Latest survey plan referred to in the Deed, approved by the Local Authority. If older than 10 years, a new survey plan is required (or a letter from the Local Authority).
- Certified original extracts of the property for the last 25 years (obtained no more than one month prior to application).
- Local Authority certificates (Street line / Non-Vesting and Ownership certificates) issued within the last six months.
- Tax receipts/Assessment Notices.
In Case of Construction of a House
- Approved Building plan (or a letter from the Local Authority).
- Bill of quantities acceptable to the bank (for construction/extension).
Insurance
- Mortgage Protection Policy (MPP) to cover the full loan amount, assigned to the Bank.
- Fire insurance cover obtained and assigned to the Bank.
Key Features for Self-Employed
- Repayment tenure up to 10 years.
- Financing from Rs. 500,000/-.
- Dedicated personalized team to assist you.
- Ability to structure the loan to suit your repayment capacity.
Who Can Apply?
- Resident Sri Lankan Citizens.
- Self-employed individuals and professionals.
- Age: 18 to 65 years (subject to retirement age).
What You'll Need
- Two photocopies of the National Identity Card (NIC).
- Sellers Letter (stating the selling price of land or residential property).
Credit Documents
- Personal Bank statements for the last three months.
- Certificate of Business Registration.
- Financial statements for the past three years.
- Company bank statements for the last six months.
Legal Documents
- Copies of the title deeds.
- Copies of the plans.
- Latest Survey plan referred to in the Deed, approved by the Local Authority. If older than 10 years, a new survey plan is required (or a letter from the Local Authority).
- Certified original extracts of the property for the last 25 years (obtained no more than one month prior to application).
- Local Authority certificates (Street line / Non-Vesting and Ownership certificates) issued within the last six months.
- Tax receipts/Assessment Notices.