Smib bank loan application

Pahan Piyasa

Housing mortgage loan from SMIB is designed to help you make your dream home a reality.

Resident Sri Lankans of age between 18 -70 years
Salaried employees, self-employed or business owners
Sri Lankan citizens employed overseas with verifiable income statements
Rental Income earners
Others who can provide details of a steady income from authorized personnel
Flexibility to apply either individually or jointly with spouse, parents or with children

Construct or Purchase a house
Purchase a block of land to build a house
Enhance an existing house/extension
Complete a partly built house/to construct a section of house
Repay a loan obtained from a recognized financial institution for a housing purpose (Redemption)
Purchase of machinery, equipment/to construct a factory building
Purchase agriculture machinery/equipment, agricultural vehicles or properties
Meet financing needs of small and medium enterprises (SMEs)
Purchase a vehicle for transportation and tourism industries
Finance requirements related to tourism, agricultural or fishing industry

Salaried	Self-employed/Business owners
Duly completed Loan application	Duly completed Loan application
Letter from the employer confirming Employment and Salary	Proven track records of income (Business registration, bank statements,company accounts)
Bank statements for the past 06 months, where salary is being credited at present.	Any other documentary evidence to prove additional income
Salary slips for past 03 months

Latest registered title Transfer Deed/Title Certificate (whichever applicable).
Copy of the approved Survey Plan
Copy of the approved Building Plan (to purchase /construct a house)
BOQ (building estimate) in case of construction
Local authority documents obtained within the latest 6 months (Street Line Certificate, Non-Vesting Certificate)
Copy of the receipts of the taxes paid for the most recent quarter
Confirmation letter from the Grama Niladhari division applicable to the land/property
Letter/affidavit from the tenant (If applicable)
If the property to be mortgaged is a Condominium Property the above documents may vary (based on the conditions)

For more information visit our nearest SMIB Branch or Contact Us via our Call Centre on 1922