Tharini Mahesan : +94 11 266 1982 Asst. Therefore their lending rates will fall as well as then the Fixed Deposit rates will also fall. You can achieve your financial goals. If risk is lesser, the return Saving interest is lower, therefore generally Saving Deposit interest rates from Government Banks are lower compared to Finance Companies. We provide information and financial tools to assist you in choosing a banking, finance or insurance provider. Pradeepa Purasinghe : +94 11 266 1981 Mr.
If you select monthly interest payment option, you are required to provide an account operating under your name. Loans in excess of Rs 5 Million will be considered on a case by case basis. Some entities provide special higher rates to premium or priority customers. Hence it is an easy to understand, tried and tested secure investment method which will give you peace of mind. Protects cash from being stolen, damaged due to calamities or being misplaced. We have a range of loans to suit a wide variety of budgets.
Since you are abroad you can give someone in Sri Lanka to do the documentation through a Power of Attorney and have built in a list of new advantages that help to make your dream of owning a home a reality. A mortgage of the house and property is required as collateral. The range of products that it offers includes savings accounts, current accounts, fixed deposits, call deposits, and loans. For a person who is willing to a lower risk, a Saving Deposit is a suitable investment option. N Premarajah : +94 11 266 1961 Snr. .
Or perhaps you want to consolidate your exisiting debts? We have Proven Experience in securing the investments of many Billions of rupees in Fixed Deposits, over a decade of dignified service to the nation. Development banking services, including microfinance, are also available. Please contact your branch manager for further details. Therefore their lending rates will fall as well as then the Savings Account rates will also fall. If you fail to settle repayments on your finance on time, your bank or finance company may report to Credit Information Bureau of Sri Lanka which may affect your ability to borrow from Sri Lankan banks in the future. Any withdrawals made prior to the maturity will be considered as a premature withdrawal which will be subject to a penalty determined by the bank.
To purchase a house or to purchase a land and construct a house, you can borrow up to 70% of the total cost of the housing project. Your valuable investments are reinvested by our highly dedicated and experienced team of specialist in developing the micro entrepreneur sector. Therefore it is less riskier and one of the most secured forms of investments options available. Claims presented thereafter will not be processed under any circumstances. Loans in Sri Lanka Rupees can be obtained up to 90% of rupee equivalent of your foreign currency deposit.
Fixed Deposit is a secure investment that offers a higher return to you. Products are displayed in no particular order or ranking. The Floating interest rate is subject to review on Quarterly. Whatever your decision may be, be it to acquire, build or refurbish your home, our loans will assist in achieving your objective. Even the same is more than 10 years old a new Survey Plan which is duly connected to the former Plan is required. Hatton National Bank offers highly competitive interest rates to its customers. Placing a Fixed Deposit Visit any of our Pan Asia Bank branches during its operating hours and produce your identification documents along with a proof of your billing address if it differs from your identification documentation.
You must consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards. Be it a basic house costing a couple of lakhs or a luxury mansion costing millions. Interest Payment Interest will be paid both at maturity or monthly. The value of compensation will increase proportionately to the balance maintained. Some entities provide special higher rates to premium or priority customers. Hatton National Bank Hatton National Bank was founded in 1888 and today is one of the largest banks in Sri Lanka. Claims should reach the bank within three 3 months of the date of the event.
Repayment should be in foreign currency earned overseas. It also offers international banking services and treasury services. Public and private sector employees, professionals, businessmen and anyone with a sound financial standing. If risk is lesser, the return Saving interest is lower; therefore generally Saving Deposit interest rates from Banks are lower compared to Finance Companies. We help you to Compare, Choose and Apply for the best personal loans in Sri Lanka. If you need any further clarification, please feel free to contact Mr. Claims will be paid in Sri Lankan Rupees to the dependent after the bank establishes the bona fides beyond doubt.