Repayment periods of up to 15 years provide eligible pensioners with greater flexibility
August 2026, Colombo, Sri Lanka, Eligible pensioners can now access financing from Rs. 100,000 to Rs. 12 million through the DFCC Garusaru Pension Loan, with repayment periods of up to 15 years and a choice of fixed or variable interest rates.
The facility can be used for significant expenses that may arise during retirement, including medical needs, home improvements and other personal requirements. The longer repayment period can make monthly instalments more manageable, while the fixed-rate option gives customers greater certainty when planning their household budgets.
Commenting on the proposition, Asitha Pinnaduwa, Vice President and Head of Products and Propositions at DFCC Bank, said, “Retirement income may be predictable, but significant expenses do not always arrive in manageable amounts. We structured Garusaru to recognise both realities. The higher loan limit allows eligible pensioners to address larger needs, while the longer repayment period and fixed-rate option make their monthly commitments easier to plan.”
The loan is available to government pensioners, widows and widowers receiving state pensions, pensioners of the Central Bank of Sri Lanka and the Ceylon Electricity Board, and eligible ex-military personnel. Applicants must be below 74 years of age when applying, and the loan must be fully repaid before they reach 75. Monthly instalments may not exceed 60% of the applicant’s net monthly pension.
Eligible customers can apply with simplified documentation through their nearest DFCC Bank branch. Further information is available at www.dfcc.lk or through DFCC Bank’s 24-hour Customer Care Centre on 011 235 0000.
Terms and conditions apply.
ABOUT DFCC BANK
DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange since 1956, is one of Sri Lanka’s leading financial institutions. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, the Bank offers retail, corporate and SME banking services, together with treasury, investment and trade finance solutions.
DFCC Bank provides secure banking through its islandwide branch network and digital platforms, including DFCC ONE and DFCC MySpace. Customers also have access to more than 6,000 ATMs through the LankaPay network.
The Bank has a long-standing role in sustainable finance and renewable energy, supporting businesses and initiatives that contribute to economic resilience while reducing environmental impact.
