Express Housing Loan

Express Housing Loan Scheme

Express Housing Loan scheme is to enable you to make your dream home come true really fast.

How many days will it take to grant a loan through the Express service??

• Option one - within 4 working days

Minimum charge for this service is Rs: 12,500/-
Up to Rs: 5 million - 1% of the loan amount
Above Rs.5 million - additional 0.5 %

• Option two - within 10 working days

Up to Rs. 5 million - 0.5% of the loan amount
Over Rs. 5 million - 0.5% up to first 5 million and 0.25% in excess amount

Duly completed loan files will be considered for this service and the file should be handed over on or before 12.30p.m.

From where this service can be obtained?

At any NSB Loan Centre or the Credit Division at Head Office

What are the other important considerations?

You will be required to obtain a Mortgagee's title insurance in respect of all loans disbursed through the Express Service.

In case of loans for purchase of a property, transfer deeds will have to be executed by the Legal Officers of the Bank at a fee which will be subject to the loan amount.

 

General Conditions

 

For Interest Rates

 

 

 

For more details contact NSB Call Centre- (+94 - 11 2379379) 24 Hour Service