• Loan Amounts from LKR 100,000 to LKR 12 Million

– Ideal for meeting medical expenses, home improvements, or personal needs.

• Extended Repayment Period

– Loan tenure up to 15 years, ensuring manageable monthly instalments.

• High Loan Approval Rate

– Available exclusively for government pensioners.

• Affordable Pension Loan Rates

– Competitive fixed and variable interest rates tailored for pensioners.

• Minimal Documentation & Hassle-Free Process

– Simple application process with minimal paperwork.

• Digital Banking Benefits

– Access to DFCC ONE, Online Banking, eStatements, and SMS alerts.

• No Hidden Fees

– Transparent and easy-to-understand loan terms.

• All government pensioners.

• All widows & widowers receiving a pension under the Widow’s Pension category.

• Pensioners of the Central Bank of Sri Lanka (CBSL) and Ceylon Electricity Board (CEB).

• Applicants must be below 74 years of age at the time of application.

• Loan must be fully repaid before reaching 75 years of age.

• Monthly loan instalment should not exceed 60% of the net monthly pension.

• Ex-military personnel (Army, Navy, Air Force, Police & STF) who receive their salary from respective Pay & Record divisions are now eligible for Garusaru Loans.

This service is available exclusively to government pensioners who retired after 2016 and have already registered their fingerprints with the relevant authorities.

Below DFCC Bank branches offer fingerprint authentication facility for government pensioners for their annual "Life Certificate".

Garusaru Pension Loan applicants who open and fund a DFCC Junior Account at the time of loan origination will be eligible for a special concessionary interest rate on their Garusaru Loan, subject to the qualifying criteria outlined below.

Concessionary Interest Rate Benefits

• Up to 0.50% interest rate reduction upon meeting the required Junior Account initial deposit or standing order criteria.

• 0.25% interest rate reduction upon meeting the minimum initial deposit or standing order requirement.

Eligibility Criteria

To qualify for the concessionary interest rate, customers must:

• Open a DFCC Junior Account simultaneously with the Garusaru Loan application.

• Meet the required funding criteria through either:

  • A lump sum initial deposit, or

  • A monthly standing order arrangement.

Important Note

Failure to maintain the required standing order for a specified period, or closure of the Junior Savings Account prior to maturity, may result in a revision of the applicable loan interest rate.

• Duly completed loan application form.

• Signed Terms & Conditions.

• Certified copy of NIC, Passport, or Driving License.

• Valid Pensioner’s Identity Card (issued by the Department of Pensions).

• Annexures 1, 2, 3, and 5 (if required).

1.Download and complete the Garusaru Pension Loan application form

2.Visit your nearest DFCC Branch

Note: Loan tenure and interest rates are subject to DFCC Bank’s lending policies

Click here to have a look at your instalment calculation (Personal Loan Calculator)

1. Who is eligible for the DFCC Garusaru Pension Loan?

   • Government pensioners, widows/widowers receiving a state pension, and CBSL/CEB pensioners.

2. What is the maximum loan amount available?

   • LKR 12 million, subject to eligibility criteria.

3. What is the maximum repayment period?

   • Up to 15 years, but the loan must be fully repaid before the borrower turns 75.

4. How much of my pension can I allocate for loan repayment?

   • Monthly loan instalments must not exceed 60% of the net pension.

5. Can I apply for this loan online?

   • You cannot apply online, but you can make an inquiry.

6. What documents are required for loan approval?

   • Completed application form, NIC copy, pensioner ID, and relevant annexures. Call us on (+94) 11 2 350000 for any assistance 24/7.

7. Are early settlements allowed?

   • Yes, early settlements are allowed, subject to applicable prepayment terms.

8. Does DFCC Bank provide fingerprint facilities for pensioners to submit their annual life certificates?

   Yes, we provide fingerprint facilities for pensioners to submit their annual life certificates, and this service is available at 50 of our branches.