Saranee Housing Loans - NSB

The foreign employees go through immense hardship in order to realize dreams of a better tomorrow for them and their precious families. Building your own home is one of them.
"SARANI" housing loan is designed specially for those of you who cannot authenticate the monthly income by means of a contract of foreign employment, and is a special project by NSB with the collaboration of the Sri Lanka Bureau of Foreign Employment.

"SARANI" loan is intended for,

• Construction or purchase of a house of your own.
• Purchase of a block of land to build a house.
• Completing construction of a new house or effecting
extensions/repairs to an existing house.
• Repayment of a loan obtained from a recognized
financial institution for housing purposes.

You need to hold an NSB NRFC account in order to be eligible for the housing loan.
Even if you are not in Sri Lanka, you can empower a nominated person by means of a Power of Attorney, to receive the loan amount on behalf of you.
You can apply for a maximum of Rs. 300,000/- at a nominal interest rate of 5%.
With "SARANI" you receive a repayment period of up to 5 years

Source: http://www.nsb.lk/PB_Saranee_Housing_Loans.asp