Sampath Samachara is an instant loan facility designed specifically for government service pensioners who may require finances for a special requirement or responsibility during their retirement.
The unique loan facility offers up to Rs. 5 million with an interest of 22% and is issued within a day, with no guarantors required. The repayment period is up to 15 years. The only criteria is that the pensioner remits his/her pension to Sampath Bank.
- A loan of up to Rs. 5 million
- Repayment period of up to 15 years
- Loan issued within a day
- No guarantors required
- Retired government servants who draw a minimum pension of Rs. 15,000/- per month and the repayment have to be completed before the pensioner reaches the age of 75 years.