Purpose

  • To acquire a residential property in Sri Lanka 
       1. Acquiring bare land to construct a house later 
       2. Purchase land and construct a house. The purchase price of the land and the construction cost of the house should be approved simultaneously. 
       3. Purchase a house/ partly constructed house/ condominium unit
  • To construct/develop/renovate a residential property in Sri Lanka.
       a. Construct a house in an owned land of the borrower/s.
       b. Complete construction/ renovation/ extension/ repair of an existing house/ condominium unit
Eligibility
  • Sri Lankans, resident outside Sri Lanka on Permanent Residency (PR) visa in another country
  • Individuals who have obtained dual citizenship in Sri Lanka, irrespective of their residential status
  • Persons aged between 18-65 years and the loan facility to be recovered in full before borrower reaches the age of 65 years
  • Should have a clean CRIB record.
Repayment & Security

Repayment

  • Maximum repayment period of the loan should be 10 years based on the age of the borrower
  • The loan facility should be recovered in full before the borrower reaches the age of 65 years

Security

  • Foreign Currency deposits or Sri Lankan Rupee Deposits of the borrower 
  • Primary property mortgage
Special housing loan scheme for Sri Lankans, resident outside of Sri Lanka on Permanent Residency Visa (PR)
Foreign Circle

For any assistance 

Foreign Circle
International Customer Service Support Unit

+94 11 220 3859
+94 11 220 3860
+94 11 220 3886
+94 11 220 3887

 
+94 707 203203
+94 707 204204
+94 707 205205

 fc@boc.lk