Features & Benefits

• Maximum Loan amount will be based on your repayment capacity.
• Repayment period upto a maximum of 25 years.
• Ability to apply jointly with spouse.
• Convenient and fast loan approval process.
• Mortgage protection cover and fire insurance at competitive premiums.

Eligibility

• Sri Lankan nationals between the ages of 18 – 55 years.
• Salaried individuals, professionals employed in entities recognised by the Bank.
• Salaried Individuals – Net income of LKR 100,000.00 to LKR 150,000.00 per month.
• Self-employed professionals/Sole Proprietors or Partners with net share of profit/income of LKR 200,000.00 per month.

Union bank home loans are available for

• Purchasing of a house, apartment or land.
• Building a house.
• Completing a partially built house.
• Renovate, extend or complete a house.
• Paying off an existing home related loan.

Documents Required

• Duly completed Union Bank Home Loan application form.
• Copy of National Identity Card.
• Copy of recent salary slips.
• Letter from employer confirming employment and income.