S M I B

The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.

 Monday – Friday : 8:30am – 3:30pm 

 1922 

 info@smib.lk 

 සිං  |  தமி

Pahan Piyasa

Home Loans : A housing mortgage loan from SMIB that is specially designed to help you make your dream home a reality. Pahan Piyasa : Pahan Piyasa is a housing mortgage loan from SMIB that is designed to help you make your dream home a reality.

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Features and Benefits

  • Affordable interest rates.
  • Flexible repayment periods of up to 25 years.
  • Ability to apply jointly with a spouse.
  • Speedy personalized service with in-house valuation and legal assistance.
  • Fast and hassle-free processing.
  • Consultation for BOQ preparation and construction.

Eligibility Criteria

  • Resident Sri Lankans of age between 18 -70 years
  • Salaried employees, self-employed or business owners
  • Sri Lankan citizens employed overseas with verifiable income statements
  • Rental Income earners
  • Others who can provide details of a steady income from authorized personnel
  • Flexibility to apply either individually or jointly with a spouse, parents, or children

Documents required

Personal documents



Property documents

  • Latest registered title Transfer Deed/Title Certificate (whichever is applicable)
  • Copy of the approved Survey Plan
  • Copy of the approved Building Plan (to purchase /construct a house)
  • BOQ (building estimate) in case of construction
  • Local authority documents obtained within the latest 6 months (Street Line Certificate, Non-Vesting Certificate)
  • Copy of the receipts of the taxes paid for the most recent quarter.
  • Confirmation letter from the Grama Niladhari division applicable to the land/property
  • Letter/ affidavit from the tenant (If applicable)
  • If the property to be mortgaged is a Condominium Property, the above documents may vary (based on the conditions).

Conditions apply
For more information, visit our nearest SMIB Branch or Contact Us via our Call Centre at 1922

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Purposes for which a Housing Mortgage Loan can be obtained.

  • Construct or purchase a house.
  • Purchase a block of land to build a house.
  • Enhance an existing house/extension.
  • Complete a partly built house/to construct a section of the house.
  • Repay a loan obtained from a recognized financial institution for a housing purpose (Redemption).
  • Purchase of machinery or equipment to construct a factory building.
  • Purchase agriculture machinery/equipment, agricultural vehicles, or properties.
  • Meet financing needs of small and medium enterprises (SMEs).
  • Purchase a vehicle for the transportation and tourism industries.
  • Finance requirements related to tourism, agricultural or fishing industry.

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Visit Us In

No. 269, Galle Road, Colombo 03, Sri Lanka.

Call Us To

General: 011-7722722-3

Fax/Phone: 011-2575031

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LRA Ratings BBB | State Mortgage & Investment Bank is a Licensed Specialized Bank Supervised by the Central Bank of Sri Lanka.


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Head Office

No. 269, Galle Road, Colombo 03, Sri Lanka.

Contact

General: 011-7722722-3

Fax/Phone: 011-2575031

Email

info@smib.lk

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Banking Hours

Monday – Friday
8:30am - 3:30pm

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© 2024 SMIB. All rights reserved.
Designed & Developed by Ogilvy Martech