Nations Home Loan

Building a home for your family is bound to be an emotional process. Whether you are moving to a new place or simply redecorating, Nations Home Loans will give you peace of mind as you take the first steps towards creating your dream home.

Sample Penal Interest Calculation

Overdue Installment Amount: LKR 50,000.00
Normal Interest Rate: 10% p.a
Penal Interest Rate: 2% p.a (over and above normal interest)
Total Effective Rate on Overdue Amount: 12% p.a (10% p.a + 2% p.a)
Number of Days Overdue: 30 days

Total interest on overdue Amount (10% p.a + 2% p.a)

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  From Rs. 3 million up to Rs. 75 million, we offer home loan solutions to suit your needs.*
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  You can enjoy fixed or floating interest rates.*
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  Your repayment period is up to 25 years.*
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  You can even apply jointly with your spouse. *

*Conditions Apply

• 
  Be a Sri Lankan citizen
• 
  Be between 21-55 years
• 
  Be employed in an established company we recognize
• 
  Earn a minimum net salary of LKR 350,000

(Criteria may change if self-employed/ working abroad)

Personal Financing Advisory

Key Facts Document (English)

Key Facts Document (Sinhala)

Key Facts Document (Tamil)

Terms & Conditions (English)

Terms & Conditions (Sinhala)

Credit Documents

• Duly completed Nations Home Loan application form
• A copy of National Identity Card
• Recent 3-month salary slips
• A letter from your employer confirming your employment and income
• Salary remitting bank statements for the last 3 months

Security Documents

• Approved Survey Plan
• Latest registered Deed
• Local Authority documents (Street line/Non vesting/ Ownership certificates
• Approved Building Plan
• Selling Agreement
• Condominium Declaration
• Condominium Plan
• Certificate of Conformity (COC)

(Requirement may change based on employment and loan purpose)