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Shanthi Home Loans

A home of one's own is something that everyone hopes to have. The HNB Shanthi Home Loan helps you realise this dream, whether it is a simple house or a luxury mansion. Our home loans come in a range that is designed to suit a variety of needs. With the individuality of our customers and varying budgets in mind, the Shanthi Loan is there to buy, build or refurbish your home.

What could a Shanthi Home loan be obtained for?

  • Purchase of bare land for construction of a house
  • Purchase of a house and property or apartment
  • Construction of a house on land owned by the applicant
  • Completion of a partly constructed house
  • Renovation or extension of an existing house

HNB offers its customers very attractive and competitive, fixed or floating interest rates with the flexibility to best suit your needs. Opt for floating interest rates and your interest payment will be based on the going market rate which is subject to a quarterly review.

Who can apply for a Shanthi Home Loan?

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

What is the loan repayment period?

Loan repayment periods range from a minimum of 5 years to a maximum of 25 years, depending on the age of the proposed borrower and place of employment (Sri Lanka/abroad).

What are the benefits of Shanthi Home Loans?

  • Attractive fixed or floating interest rates
  • Flexible repayment up to 25 years
  • Loan approval within 10 days
  • Grace period of up to 12 months available during construction
  • Loans in LKR as well as foreign currencies
  • Mortgage protection cover and fire insurance at competitive premium
  • The unique step-up loan repayment scheme
  • Early loan settlements entertained
  • Professional service
  • The convenience of service at a HNB Customer Centre in your neighborhood
  • Joint Loan facilities for family members

How to apply for a Shanthi Home Loan?

Fill in an HNB Shanthi Home Loan application form and hand it over to any of our HNB Customer Centres island wide. Then relax and leave it to SHANTHI and HNB to build or purchase your dream home in the shortest possible time.

For fast processing of your application, ensure that you provide all the documents indicated below.

Documents to be submitted along with the application:

  • Letter from the vendor for the purchase of property
  • Building Plan approved by the Local Authority with a copy. If approval is not required, a letter issued by the Local Authority to this effect
  • Bill of Quantities acceptable to the Bank (two copies) for the proposed construction
  • Valuation Report of the property to be mortgaged from a valuer in the Bank's Panel of Valuers (This will be arranged by the bank and expenses should be borne by the applicant)
  • Letter from employer confirming present salary and any other fixed allowances

For applicants employed abroad, the following documents are also required:

  • Photocopies of the employment contracts
  • Letter confirming extension of the contract to cover the loan period of 05 years
  • Photocopies of the passport and visa documents
  • Standing Order confirmation to transfer a fixed sum of Foreign Currency from the NRFC account to the loan repayment account to meet the monthly commitment. (The repayment of the loan will have to be thru' a NRFC account)

Legal documents:

  • Original title deeds for 25 years (certified copies may be required in the absence of originals)
  • Certified extracts of the property concerned for a period of 30 years (to be obtained not less than one month from the date of application)
  • Survey plan referred to in the Deed which is duly approved by the Local Authority. If this is more than 10 years old, a new survey plan, duly connected to the former plan, is required
  • Street Line & Building Line Certificates
  • Non-vesting Certificate (issued within the last three months)
  • Certificate of Ownership (from the date of application)
  • Receipts for proof of payment of rates (if required)

In case the loan is for purchase of property, please furnish the following documents:

  • Original of the Agreement to Sell duly registered in the Land Registry or Letter of Consent from the seller to sell the property to the applicant
  • If the property consists of a building, the Approved Building Plan and Certificate of Conformity
  • In case the loan is for construction purposes, the Approved Building Plan

Shanthi-Ekamuthu Home Loan

Shanthi-Ekamuthu Home Loan Scheme is akin to an inseparable bond between parents and children. Borrower repays the loan jointly with a young adult and under this scheme step-up/step-down repayments are introduced depending on the age of the parent and the income pattern of the young adult.

Under Shanthi-Ekamuthu Home Loan Scheme, the son or daughter could one day own the "home of their dream". The parents too are benefitted because when a father or mother is part of the preliminary stages of this grand scheme, they would be building and nurturing a solid foundation and a stronger claim to your future.

Shanthi Foreign Currency Home Loan

HNB introduces the Shanthi Foreign Currency Housing Loan, exclusively for Sri Lankans working overseas. Now you can start constructing your home in Sri Lanka while residing overseas. Shanthi Foreign Currency Housing Loans can be obtained in designated currencies as applicable to NRFC Accounts, including US Dollars, Sterling Pounds, Euro, Japanese Yen, Swiss Franc, Australian Dollars and Canadian Dollars, etc. Expatriate Sri Lankans can appoint their representative to carry out the documentation through a Power of Attorney.

Shanthi Home Loans under Tripartite Agreement

Apart from purchasing of properties, fresh construction, renovations & modifications to personal properties, we have also entered into many tripartite agreements with reputed property developers in providing financial assistance for purchasing of apartments as well.

In this light, we are currently promoting the following properties under the tripartite agreement.

Developer Apartment Project
John Keells Residential Properties (Pvt) Ltd "On three 20"
Union Place, Colombo-02
Mireka Homes (Pvt) Ltd Havelock City Phase II
Fairway Sky Homes (Pvt) Ltd Fairway Sky Gardens
Buthgamuwa Road, Rajagiriya
Peninsular Property Developers (Pvt) Ltd Thulasi Mahal Apartment
No.7 ,
Kachcheri Lane, Jaffna
Nivasie Developers Malabe (Pvt) Ltd Nivasie Project - Halbarawa Estate
British Overseas (Pvt) Ltd 7th Sense Apartments
No.18,Gregory's Rd,
Colombo 7

If you require any assistance either to purchase an apartment or purchase one as the Second Home or even if you are looking at one for investment purposes, it would be our pleasure to be of assistance. We would also consider bridging finance for apartment purchases in the event you are not able to make the full payment to the developer.

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For further assistance, contact

Ms Nishanthi Wijetunge
Junior Executive
Hatton National Bank PLC.
Head Office, HNB Towers,
479, TB Jayah Mawatha,
Colombo 10, Sri Lanka.
Tel      : +94(011)266 1965
Fax     : +94(011)266 2798
E-mail :