CDB Home Loans

You dream of a home, we make it a reality

Are you about to buy your first home, move to a new residence, building your own house, investing in property or looking to switch to a better deal? CDB Home Loans offers a hassle-free and convenient housing loan facilities to our customers providing them an opportunity to make their dream home a reality.

Why should I choose a CDB Home Loan?

  • Loan approval within 2 working days
  • Cash in hand within 10 working days
  • Exclusive benefits for foreign employees
  • Exclusive tailor-made Repayment Plans
  • Repayment terms up to 10 years
  • Exclusive benefits for early loan settlements
  • Enjoy a 12 month grace period during construction
  • Expertise in Legal Documentation and Mortgage Advice
  • Mortgage protection cover and fire insurance at competitive premiums
  • Get attractive fixed interest rates

Who is eligible?

  • Those with a regular monthly income, individually or jointly with spouse
  • Public and private sector employees, professionals, and businessmen
  • Sri Lankans employed abroad

What are the documents required?

  • Personal Details
  • Employment / Business Details
  • Property Details
  • Legal documents

*Terms & conditions apply

Frequently Asked Questions

  1. 1. Why would I need a CDB Home Loan?

    • Purchase a house
    • Build a new house
    • Purchase land
    • Extend or complete an existing house
    • Renovation of existing house
    • Purchase a condominium property
  2. 2. What are the required documents to obtain a CDB Home Loan?

    • Income details (Bank statements with certified salary statements or business registration certificates)
    • Title deeds and survey plan
    • Local authority documents
    • BOQ (Bill of quantities) for the relevent construction
    • For Condominiums: Condominium deed of declaration/Title Deed/Condominium Plan
      NIC/If salaried, client employment and salary conformation letter/Business Registration
  3. 3. What is the minimum income requirement for a CDB Home Loan?

    • LKR 60,000 net income (additional income can be considered)
  4. 4. What is the maximum repayment years for the CDB Home Loan?

    • Upto 10 years (Retirement age will be considered for the Loan Period)
  5. 5. What is the collateral requirement in obtaining a CDB Home Loan?

    • Primary mortgage over the property for which the loan is obtained
    • Mortgage Protection Policy in the name of the Borrower
  6. 6. Can I schedule a payment plan in order to control my cash flow?

    • Yes, customized payment plans can be made
  7. 7. What is the minimum age to obtain a CDB home loan?

    • From the age of 20 years
  8. 8. What is the minimum amount of the loan that can be granted?

    • LKR 1 million
  9. 9. What is the maximum amount of the loan that can be granted?

    • Maximum loan limit will be decided depending on repayment capacity and the value of the property
  10. 10. Should I transfer my salary to CDB to obtain Home Loans?

    • Not necessary. But a salary transfer to CDB Savings Account will be an added advantage for the approval of the loan facility
  11. 11. Does CDB offer Home Loans to dual citizens or PR holders?

    • Only dual ciitizens can apply for a CDB Home Loan by applying for a loan facility with a Sri Lankan citizen. (Family Member)
  12. 12. What are the additional services I receive, when I apply for a CDB Home Loan?

    • Doorstep service/technical advice for legal requirements and local authority document clearance
  13. 13. Can I purchase land, a house or construct a house while working abroad?

    • Yes, provided you join a family member who lives in Sri Lanka
  14. 14. Can I pay the loan rental from abroad?

    • Yes, online payments can be made
  15. 15. If I’m working abroad, can I collect the deed after settling the loan?

    • Yes, you can obtain the deed through a special power of attorney
  16. 16. Can I reduce the rental by paying the loan capital during the loan period?

    • Yes, you can
  17. 17. Are personal guarantors required for the facility?

    • Not necessary

Inquire Now

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