Tailor made loans that offer convenience and flexibility
Nations Personal Loan is a convenient, hassle free financial solution that lets you fulfill your desires, be it a makeover for your home, a stereo system for your car, traveling the world with your loved ones or simply to indulge yourself in the finer things of life.
Features and Benefits:
- Loans up to a maximum of Rs. 5 million *
- Fixed & Variable interest rate
- Repayment period up to a maximum of 5 years (60 months) *
- No personal guarantors or security required for salaried employees
- Special interest rate concession and fee waivers for “Nations Salary Saver” customers
- Freedom to apply jointly with spouse *
- Loan processed within 5 working days *
- Sri Lankan citizens residing in Sri Lanka
- Age between 18 - 55 years
- Salaried individuals and professionals employed in entities recognized by the Bank
- Minimum of 12 months and in confirmed employment
- Earning a minimum basic salary of Rs.18,000 and a monthly fixed gross salary of Rs. 30,000
- Completed Personal Loan application form
- Copy of National Identity Card
- Recent salary slip
- Letter from employer confirming employment and income
Additional Documents required (upon the Bank’s requirement only*)
- Salary assignment letter
- Last 3 months bank statements
- Latest utility bill
Features and Benefits:
- Loan amounts ranging from Rs. 1 Million to Rs. 8 Million *
- No personal guarantors
- Loans granted for purchase of brand new, registered and unregistered vehicles
- Repayment period up to a maximum of 7 years based on the year of manufacture of the vehicle.
- All documentation including vehicle registration and insurance will be handled by the bank.
- Age between 21 - 55 years.
- Employed in an established company recognized by the bank
- Earning a minimum monthly gross salary of Rs. 40,000.
- Duly completed Nations Car Loan application form.
- Copy of National Identity Card, Passport or Driving License.
- Most recent salary slip.
- Letter from employer confirming employment, salary particulars.
- Documents pertaining to the purchase and ownership transfer of the vehicle.
- Vehicle valuation obtained from one of the bank’s approved panel of valuers.
|Loan Amount||Salary Remitting Customers (Salary Saver | Empower)||Normal Process|
|Below LKR 1Mn||Rs.3,000||Rs.6,000|
|On/Above LKR 1 Mn||Rs.4,000||Rs.8,000|
* Processing fees applicable on Personal and Car Loans w.e.f. 01.10.2015
For more information about Nations Personal Loans, please visit our nearest branch or call 011 4 711 411 to get in touch with one of our agents.
* Conditions apply.