Eligibility Criteria

  • Migrant employee who maintains a Personal Foreign Currency Account (PFCA) with the Bank Of Ceylon
  • Minimum of 3 regular remittances should be received to the migrant employee’s PFCA or Rupee savings account
  • Persons aged between 18-60 years and the loan facility to be recovered in full before borrower reaches the age of 60 years
  • Holder of a valid visa or valid job contract
  • Should have a clean CRIB record



  • To be utilized for any purpose in Sri Lanka which is legally acceptable to the bank
  • To make payments in respect of current transactions of immediate family members of the borrower who are resident in Sri Lanka
Loan Amount, Repayment & Security

Quantum of loan

Maximum amount : Rs 2,500,000



Maximum 03 years within the visa period/ job contract period



  • Two personal guarantors acceptable to the Bank 
    I. First Guarantor should be a migrant employee, who has similar repayment capacity as the borrower
    II. Second Guarantor Should be from Sri Lanka, who is an immediate family member or a sibling of the borrower acceptable to the bank
  • Decreasing Term Assurance (DTA) Cover policy for the borrower by an acceptable insurance service provider
  • Undertaking letter to remit monthly installment from the borrower

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