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    tashika oshadi
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    This document lists the interest rates for various loans and advances offered by Sampath Bank as of July 30, 2020. Rates range from 6 month LIBOR + 5.5% for foreign currency housing loans to 15% for factoring. Most personal, housing, and vehicle loans are between 9-12%, while student loans are 10.5% and pawning facilities are 9-12%.

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    This document lists the interest rates for various loans and advances offered by Sampath Bank as of July 30, 2020. Rates range from 6 month LIBOR + 5.5% for foreign currency housing loans to 15% for factoring. Most personal, housing, and vehicle loans are between 9-12%, while student loans are 10.5% and pawning facilities are 9-12%.

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    © All Rights Reserved
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    6 views1 page

    Interest Rates Loan and Advances

    Uploaded by

    tashika oshadi
    This document lists the interest rates for various loans and advances offered by Sampath Bank as of July 30, 2020. Rates range from 6 month LIBOR + 5.5% for foreign currency housing loans to 15% for factoring. Most personal, housing, and vehicle loans are between 9-12%, while student loans are 10.5% and pawning facilities are 9-12%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    INTEREST RATES ON NEW LOANS AND ADVANCES ( With effect from 30.07.

    2020 )
    Description Product Interest Rate
    9.0% p.a ( Floating )
    Sevana Housing Loans (LKR )
    Sevana Housing Loans 9.5% p.a ( Fixed for 03 years. )

    Foreign Currency Housing Loans ( USD ) 06 Months LIBOR + 5.5% p.a

    Loan Scheme for Medical Officers 10.0% p.a

    Personal Loans for Professionals 10.0% p.a


    Sampath Samachara - Loan Scheme for
    10.0% p.a
    Personal Loans & Advances Pensioners

    Student Loans 10.5% p.a


    All other Consumption Loans
    ( Loans against Personal Guarantees and 14.0% p.a
    Mortgage over Vehicles )

    9.0% p.a ( Up to 03 years )

    9.75% p.a ( 04 years )


    Leasing Motor Vehicles - Brand New /
    Unregistered / Registered 10.0% p.a ( 05 years )
    Leasing & Hirepurchase ( Fixed Rate )
    12.0% p.a ( 06 years )

    12.5% p.a ( 07 years )

    Leasing Machinery 12.0% p.a

    Sampath Gold Loan ( 03 months gold loan ) 9.0% p.a


    Pawning
    Sampath Randiriya Pawning facility ( Fixed ) 12.0% p.a

    Sampath Diriya Loan Scheme 9.0% p.a


    Other Loans and Advances
    Factoring 15.0% p.a
    Note - Unless specifically mentioned as fixed, all interest rates above are floating rates.

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