Loans for Professionals

Personal Loan for Members of the Government Medical Officers Association

Personal Loan for Members of Sri Lanka Medical Council and Government Ayurvedic Medical Officers

Personal Loan for Members of Government Dental Surgeons Association

Personal Loan for State Veterinary Surgeons Association and the Veterinary Council of Sri Lanka

Personal Loan for Government Service Nursing Staff, Nursing Staff in Probation Period and the Students of NTS

Personal Loan for Members of Medical Laboratory Technologists-MLTs

Personal Loan for Others in Health Sector

 

 

 

Personal Loan for Members of the Government Medical Officers Association

This loan scheme provides financial support to the Members of the Government Medical Officers Association (GMOA)

 

Eligibility

  • Age below 63 Years
  • Adequate repayment capacity

 

Features

Can be applied up to Rs. 15.0 Mn and maximum loan amount based on the repayment capacity within 60% of gross salary. 60% of private practice income consider as other income.
Visit BOC web site : https://boc.lk/index.php?route=rates/rates

 

Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Letter from GMOA
  • Form No. 375
  • DTA Cover Policy
  • Any other documents required if any

 

Security

  • Permanent cadre employees with take home salary Rs. 75,000/- or above
  • No Guarantors. If take home salary is below Rs. 75,000/-
  • One guarantor in permanat carder employee in same / higher grade to the borrower.

 

Personal Loan for Members of Sri Lanka Medical Council and Government Ayurvedic Medical Officers

This loan scheme provides financial support to the Members of Sri Lanka Medical Council (SLMC) and Government Ayurvedic Medical Officers (GAMO)

 

Eligibility

  • Age below 63 Years
  • Adequate repayment capacity

 

Features

  • Can be applied up to Rs.15.0 Mn and maximum loan amount decided based on the repayment capacity within 60% of gross salary. 60% of private practice income consider as other income.
  • Visit BOC web site : https://boc.lk/index.php?route=rates/rates

 

Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Letter from SLMC/ GAMO
  • Form No. 375
  • DTA Cover Policy
  • Any other documents required if any

 

Security

  • Permanent cadre employees with take home salary Rs. 75,000/- or above
  • No Guarantors. If take home salary is below Rs. 75,000/-,
  • One guarantor in permanat carder employee in same / higher grade to the borrower.

 

Personal Loan for Members of Government Dental Surgeons Association

This loan scheme provides financial support to the Members of Government Dental Surgeons Association (GDSA)

 

Eligibility

  • Age below 63 Years
  • Adequate repayment capacity


Features

Can be applied up to Rs.15.0 Mn and maximum loan amount based on the repayment capacity within 60% of gross salary. 60% of private practice income consider as other income.
Visit BOC web site : https://boc.lk/index.php?route=rates/rates"

 

Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Letter from GDSA
  • Form No. 375
  • DTA Cover Policy
  • Any other documents required if any

 

Security

  • Permanent cadre employees with take home salary Rs. 75,000/- or above
  • No Guarantors. If take home salary is below Rs. 75,000/-,
  • One guarantor in permanat carder employee in same / higher grade to the borrower.

 

 

Personal Loan for State Veterinary Surgeons Association and the Veterinary Council of Sri Lanka

This loan scheme provides financial support to the Member of State Veterinary Surgeons Association (SVSA) and the Veterinary Council of Sri Lanka (VCSL)

 

Eligibility

  • Age below 60 Years
  • Adequate repayment capacity


Features

Can be applied up to Rs. 15.0 Mn and maximum loan amount based on the repayment capacity within 60% of gross salary. 50% of private practice income consider as other income.

Visit BOC web site : https://boc.lk/index.php?route=rates/rates


Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary Letter from SVSA and VCSL
  • Form No. 375
  • Any other documents required if any"

 

Security

  • Permanent cadre employees with take home salary Rs. 75,000/- or above
  • No Guarantors. If take home salary is below Rs. 75,000/-,
  • One guarantor in permanat carder employee in same / higher grade to the borrower.

 

 

Personal Loan for Government Service Nursing Staff, Nursing Staff in Probation Period and the Students of NTS 

This loan scheme provides financial support to the Government Service Nursing Staff, Nursing Staff in Probation Period and the Students of NTS 

Eligibility

  • Age below 63 Years
  • Adequate repayment capacity


Features

  • Permanent Carder Nursing Staff- Maximum loan amount - Rs. 10.0 Mn 50 % of 6 months average over time of the nurses in permenent staff. Nursing Staff in Probation Period- Maximum loan amount - Rs. 2.5 Mn Students in NTS - Maximum loan amount for Final year students - Rs. 1.0 Mn Others who have completed 6 months training period - Rs.0.5 Mn Visit BOC web site : https://boc.lk/index.php?route=rates/rates

 

Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Form No. 375
  • Any other documents required if any


Security

  • Permanent Nursing Staff - One Guarantor (same/ higher grade to the borrower) Nursing Staff in Probation Period - One Guarantor (same/ higher grade to the borrower) Students in NTS -
  • Two Guarantors for both categories
  • Visit BOC web site : https://boc.lk/index.php?route=rates/rates "

 

 

 

Personal Loan for Members of Medical Laboratory Technologists-MLTs 

 

Eligibility

  • Age below 60 Years
  • Adequate repayment capacity
  • Members of CMLSSL in following grades
    1.Superintendent of Medical Laboratory Scientists
    2.Medical Laboratory Scientist
    3.Superintendent Medical Laboratory Technologist
    4.Medical Laboratory Technologist

 


Features

Can be applied up to Rs. 10.0 Mn and maximum loan amount based on the repayment capacity within 60% of gross salary. 50% of six months average other income will be considered.
Visit BOC web site : https://boc.lk/index.php?route=rates/rates"

 

Documents required

  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Form No. 375
  • Any other documents required if any

 


Security

  • One guarantor in permanent cader (same/higher grade). Loan can be obtained without guarantors, subject to following conditions. - Monthly net salary above Rs. 75,000/- and having been maintaning a relationship with more than one year.
  • Monthly net salary above Rs. 100,000/- and having been maintaning a relationship with more than three months. "

 

Personal Loan for Others in Health Sector

This loan scheme provides financial support to the permanent cadre employees in Government Health Sector

 

Eligibility
 
All Permanent cadre employees in Government Health Sector who are not eligible for credit facilities under existing Loan Schemes for specific job categories. 
(Ex: Credit facilities for Doctors, Nurses, MLTs, etc.)
 
 
Features
  • Up to Rs. 10.0 Mn based on the 60% of gross salary.
  • Visit BOC web site : https://boc.lk/index.php?route=rates/rates
 
 
Documents required
  1. Loan Application                                                    
  2. Letter from Employer confirming service, position & salary                                                                                       
  3. Form No. 375                                                                                                     
  4. DTA Policy                                                                                                
  5. Any other documents required if any"
 
 
Security
 
  • Two Guarantors in permanent cadre (same / higher grade )
 

 

 

Personal Loan for the members of Administrative Services

This loan scheme provides financial support to the Member of Sri lanka Administrative Service Association or Sri Lanka Educational Administrative Services Association for any personal needs, legally acceptable to the bank.

 

Eligibility

  • Age bellow 60 Years 
  • Adequate repayment capacity

 

Loan Amount

  Maximum Credit card Limit
Special Grades 7.0 Mn. 1.0 Mn.
Class I Officers 5.0 Mn. 0.75 Mn.
Class II Officers 5.0 Mn. 1.0 Mn.
Class III Officers 4.0 Mn. 0.75 Mn.
(Monthly installment up to 60 months)
 

Security

  • One Inter – Service Guarantor
  • Credit card on Clean Basis
 

Documents Required

  • Loan Application
  • Form no 375. 
  • DTA Policy 
  • Letter from Sri lanka Administrative Service Association
 

 

Personal Loan for Engineers

This loan scheme provides financial supporting to the members of IESL & IIESL in the corporate & Non – Corporate sector for any personal needs, legally acceptable to the bank.

 
Eligibility
 
  • Age bellow 60 Years 
  • Adequate repayment capacity 
 
Security
 
  • Credit card on Clean basis
  • Corporate members – One personal Guarantee 
  • Non - Corporate members – Two personal Guarantee
 
 
Documents Required
 
  • Loan Application 
  • Letter from employer 
  • Form no 375. 
  • DTA cover policy 
 
 
Loan Amount:
 
Professional Membership Maximum Quantum of Loan Credit card Limit
IESL Members – Chartered Engineers
Corporate,(Fellow & Member) 7.0 Mn. 1.0 Mn.
Non Corporate (Associate member & Associate) 5.0 Mn. 0.75 Mn.
IIESEL Members – Incorporated Engineers
Corporate,(Fellow & Member) 5.0 Mn. 1.0 Mn.
Non Corporate (Associate member & Associate) 4.0 Mn. 0.75 Mn.

 

Loan for Regular Cadre of the Sri Lanka Air Force
 

This loan scheme provides financial support to the Regular Cadre of the Sri Lanka Air force for any personal needs, legally acceptable to the bank

 

Eligibility

  • Age bellow 55 Years 
  • Adequate repayment capacity
 

Loan Amount

  • Senior Ranks Maximum up to Rs. 4,000,000/-
  • Junior Ranks Maximum up to Rs. 2,000,000/-
  • Other Ranks Maximum up to Rs. 1,000,000/-

(Equated installment up to 84 months)

 

Security

  • Two personal guarantors in the same grade or above

 

​Documents Required

  • Loan Application
  • Form no 375.
  • DTA Policy
  • Letter from paying authority
 
 
Loan for Regular Cadre of the Sri Lanka Navy
 

This loan scheme provides financial support to the Regular cadre of the Sri Lanka Navy for any personal needs, legally acceptable to the bank.

 

Eligibility

  • Age bellow 55 Years 
  • Adequate repayment capacity
 

Loan Amount

  • Senior Ranks Maximum up to Rs. 4,000,000/-
  • Non - Commissioned officer Grades Maximum up to Rs. 1,000,000/-
  • Other Ranks Maximum up to Rs. 1,000,000/-

(Equated installment up to 84 months)

 
 

Security

  • Two personal guarantors in the same grade or above

 

Documents Required

  • Loan Application
  • Form no 375.
  • DTA Policy
  • Letter from paying authority

 

Motor Vehicle Loan Scheme for Government Employees

This loan scheme provides financial support to Government and Provincial public sector employees to purchase Motor Vehicles.

 

Eligibility

  • Should be a Permanent Officer of the Central Government or provincial public service
  • Should possess a valid driving license
  • A loan under this scheme may be obtained only once in five years
 

Loan for

  • Maximum 1500 CC Petrol / 2200 CC Diesel Motor car or Van
  • Payment of custom duties, landing charges, agency charges and import permit charges
 

Loan Amount

  • Up to a maximum of Rs.3 Mn.
 

Security

  • Mortgage over motor vehicle / motor cycle / scooter 
  • Personal guarantee of two officers of similar or higher grade 
  • Assignment over comprehensive insurance policy 
 

Documents Required

  • Loan Application 
  • Pro forma invoice  
  • Declaration from the seller (for second hand vehicle)
  • Valuation Report  
  • Certificate of Registration  
  • Comprehensive insurance Policy 
  • Revenue License for the current year  
  • Certificate from the Head of the Department  
  • Form No 375 
 
Personal Loan for University Staff (Academic & Non-academic)
 

This loan scheme provides financial support to university staff (who are working the institutions which were approved by the UGC) for any personal needs, legally acceptable to the bank.

 

Eligibility

  • Should be an officer with a minimum of 5 years in service and confirmed in the service
  • Academic staff: Age bellow 65 Years
  • Non-Academic staff: Age bellow 60 Years
 

Loan Amount

  • Academic staff: Up to a maximum of Rs.5 Mn.
  • Academic staff: Up to a maximum of Rs.05 Mn.
(Equated installment, maximum up to 84 months)
 
 

Security

  • Personal guarantee of two officers of similar or higher grade 

 

Documents Required

  • Loan Application 
  • Job identity card copy  
  • Form No 375 
 
Purchase Motor Bicycles
 

This loan scheme provides financial support to Government Departments / Corporations and Statutory bodies to purchase Bajaj, Honda, Hero Motor Cycles.

 

Eligibility

  • Should be a Permanent Officer of the Government or Corporations and Statutory bodies
  • Should possess a valid Motor bicycle driving license.
  • Age bellow 50 Years
 

Loan Amount

  • Up to a maximum of Rs.300, 000/- (Equated installment, maximum up to 48 months)
 

Security

  • Mortgage over motor vehicle / motor cycle / scooter 
  • Personal guarantee of two officers of similar or higher grade 
  • Assignment over comprehensive insurance policy 
 

Documents Required

  • Loan Application 
  • Pro forma invoice  
  • Valuation Report  
  • Certificate of Registration  
  • Comprehensive insurance Policy  
  • Certificate from the Head of the Department  
  • Form No 375 
 

Personal Loan for Medical Officers & Dental Surgeons

This loan scheme provides financial support to the members of the Government Medical Officers Association, Sri Lank Medical Council & Government Dental Surgeons' Association for any personal needs, legally acceptable to the bank.

Eligibility

  • Age bellow 60 Years
  • Adequate repayment capacity
 

Loan Amount

  • Up to a maximum of Rs.10 Mn. (Equated installment, maximum up to 84 months) 
  • Credit card: Up to a maximum of Rs.1 Mn. 
 

Security

  • One Inter-service guarantee for loans over Rs.1 Mn. 
  • Credit card on Clean basis
 

Documents Required

  • Loan Application 
  • Letter from employer 
  • Letter from GMOA/SLMC/GDSA 
  • Form no 375 
  • DTA Cover Policy
 

Credit Package for Veterinary Surgeons

This loan scheme provides financial support to the members of the Veterinary Surgeons Association and the member of Veterinary Council of Sri Lanka for any personal needs, legally acceptable to the bank. 

 

Eligibility

  • Age bellow 60 Years 
  • Adequate repayment capacity
 

Loan Amount

  • Loan: Up to a maximum of Rs.1.5 Mn. (Equated installment, maximum up to 60 months) 
  • Credit card: Up to a maximum of Rs.0.5 Mn.
 

Security

  • One Inter-service guarantor 
  • Credit card on Clean basis 
  • Documents Required:
  • Loan Application undefined 
  • Letter from employer 
  • Form no 375
 

Credit package for Nursing & Para medical staff

This loan scheme provides financial support to the confirmed nursing staff and allied grades in permanent services of Government Hospitals for any personal needs, legally acceptable to the bank.

 

Eligibility

  • Age bellow 60 Years 
  • Adequate repayment capacity
 

Loan Amount

  • Loan: Up to a maximum of Rs.2.0 Mn.(Equated installment, maximum up to 84 months) 
  • Credit card: Up to a maximum of Rs.1 lacks
 

Security

  • One Inter-service guarantor 
  • Credit card on Clean basis 
 

Documents Required

  • Loan Application 
  • Letter from employer 
  • Form no 375
  • DTA cover polic

Personal Loan for Judges

This loan scheme provides financial support to the members of the Judicial Service Association of Sri Lanka and the High Court Judges Association of Sri Lanka for any personal needs, legally acceptable to the bank

Eligibility

  • Confirmed staff members of the service
  • Age bellow 65 Years (depending of grades)
  • Adequate repayment capacity
 

Loan Amount

  • Up to a maximum of Rs.3 Mn. (Equated installment, maximum up to 84 months) 
  • Credit card: Up to a maximum of Rs.0.75 Mn. 
 

Security

  • Above Seven years of service - one/two personal guarantor/s
  • Credit card on Clean basis
 

Documents Required

  • Loan Application 
  • Form No 375 
Personal Loan for Accountants  
 

This loan scheme provides financial support to the Members of Sri Lanka Accountants Service Association.Loans granted for any personal need, legally acceptable to the bank

 
Eligibility
 
  • Age below 60 Years 

  • Adequate repayment capacity

 
 
Featuers
 
  • Can be applied up to Rs.15.0 Mn and maximum loan amount based on the repayment capacity within 60% of gross salary.

  • Visit BOC web site : https://boc.lk/index.php?route=rates/rates

 
 
Security
 
  • Permanent cadre employees with take home salary Rs. 75,000/- or above - No Guarantors.

  • If take home salary is below Rs. 75,000/-, - One guarantor in permanat carder employee in same / higher grade to the borrower.

 

Documents Required
 
  • Loan Application
  • Form No. 375.
  • DTA Policy
  • Letter from Sri Lanka Accountants’ Service Association
  • Any other documents required if any
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