BOC Sirimedura
BOC Sirimedura Housing Loans in 2 Visits
- Bank of Ceylon offers Sirimadura housing loans for customers in 2 visits within 2 weeks
Special Features in Sirimedura housing loans
- First visit to apply, second visit to collect your loan
- Maximum 15 days to obtain your loan
- Assistance by BOC to obtain the required documents and registration
- SMS updates at each stage of loan processing
- Easily obtain information on the status of the loan online
- Obtain loans up to Rs. 25 million
- Repayment period of up to 25 years
Other Benefits to customer
- Speedy service
- Minimal service charges
- Low interest rate
Security
- Mortgage over the subject property
* Conditions Apply
(Bank of Ceylon holds the authority to change, add or revise any condition, term or statement in this facility).
For more information,Please contact Manager at your nearest BOC Branch or
contact Call Centre: 011 220 4444
Eligibility Criteria
- Sri Lankans between 18 to 60 years
- Professionals (government, semi-government or private sector)
- Permanent or non-permanent income-earning professionals Self-employed
- Seasonal income earners in the agriculture sector
- Those who are constructing houses for sale
Loan Amount
Choose from a range of schemes to suit for your need
| Purpose | Loan Amount & Percentage of Advance Amount | |
| Purchasing land to construct a house | Rs. 10 mn | 60% of purchase price or 50% of market Value |
| Constructing a house | Rs. 25 mn | 90% of BOQ (building cost estimate) |
| Purchasing a house or condominium apartment | Rs. 25 mn | 75% of Market Value |
| Completing / renovating / extending / repairing a house | Rs. 10 mn | 100% of BOQ if land value is above Rs. 1 mn. If not, 90% of BOQ |
| Landscaping / interior decoration of a house or apartment | Rs. 2 mn |
100% of cost if land value is above Rs. 1 mn
If not, 50% of cost
|
| Household furniture and fixtures | Rs. 1 mn | 100% of the valuation |
| Constructing a house for sale | Rs. 25 mn | 75% of BOQ |
