Purpose

To meet the following Pre–departure financial needs of the migrant employee leaving aboard.

  • Airfare
  • SLBFE registration fee
  • Visa fees and other relevant expenses
  • Medical expenses.
  • Other legally acceptable incidental expenses related to the purpose
Eligibility
  • Age between 18 -50 years and be in possession of a valid Sri Lankan passport
  • Possession of an employment contract and other relevant documents forwarded to the applicant by the manpower agency with the attestation of the Sri Lankan Embassy in Israel.
  • Holder of a valid work visa approved by the Ministry of Interior, Israel
  • Registration with the Sri Lanka Bureau of Foreign Employment
  • Should be a Bank Of Ceylon Personal Foreign Currency Account (PFCA) holder
  • Should have a clean CRIB record.
Loan Amount, Repayment & Security

Quantum of loan

Maximum amount : Rs 1,500,000

 

Repayment

Equated monthly installment up to a maximum period of 24 Months including a grace period of two months. Interest during the grace period should deposited to rupee savings account prior to disburse the loan

 

Security

Primary mortgage over an immovable property.
 

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