Sandella Home Loan
Owning your home does not have to be just a dream
Vardhana Sandella is an attractive and flexible housing loan scheme that can make your dream home a reality. At DFCC Vardhana Bank obtaining a housing loan is simple, fast and stress free. We will be right by your side in the biggest investment of your life time.
What makes Sandella Housing Loans special?
- Minimum documentation
- Speedy and efficient service
- Flexible packages tailor made for you
- Longer repayment period – up to 20 years
- The most attractive rates of interest in town
- Convenience of our islandwide branch network
Vardhana Sandella will finance
- Purchase or construction of a house
- Purchase of land
- Purchase of a Condominium Apartment
- Renovations / extensions or completion of an existing house
Who can obtain a Sandella Housing Loan?
- Any citizen of Sri Lanka aged between 18 to 55 years
- Applicant should possess adequate income to service the loan, subject to statutory deduction limitations
- Individuals employed abroad
How much can be borrowed (Loan amount)?
- Up to 80% of BOQ value for house construction on owned land
- Up to 60% of market (purchase) value for outright purchase
- Up to 70% of total cost for land purchase and construction of house