BOC Personal Loan

BOC Personal Loan

Get a step closer to your dreams and goals by availing our Personal Loans and meet your financial needs. You can avail a personal loan to meet unexpected expenses, a dream holiday, school or college fees, wedding expenditure, home improvement expenses or even purchase of consumer durables.

  • Simplified documentation 
  • Competitive pricing 
  • Transparency 
  • Personal loans available for various needs 


How to Apply

  • Click on the Apply Online button (or Visit any BOC Branch)
  • Complete the online Application
  • Once completed click on Submit button (please remember the reference number given)
  • You will receive an email or telephone call to visit the branch with required documents 
An applicant should be
  • In the age group of 18-55 (Applicants over 55 can be entertained, but only under special circumstances)
  • With a take home salary of LKR 30,000 & 40,000 or  more
  • A salaried employee belonging to the following categories

- ​Permanent employees of Government Service/ Statutory Bodies

- Employees of Private sector entities as listed by the bank (Refer List)











Interest Rate

You can choose between 3 interest rate categories. Fixed rate will be the same for the total duration of the loan. Variable rate will be changed with Bank rates & AWPLR.

Variable Rate Category 1

Variable Rate Category 2 Fixed Rate
13.50% p.a 5 Years AWPLR +3.00 % p.a 5 Years 14.00 % p.a
7 Years AWPLR +3.50 % p.a 7 Years 14.50 % p.a

* Subject to a floor rate of 9.5 % p.a. Based on quarterly AWPLR(Revised 2016.06.15) 

 **AWPLR - Average Weighted Prime Lending Rate

Standard fees applicable for Personal loans are mentioned below.
Processing & Documentation charges 0.8 % of Loan amount (Minimum LKR 1,000 – Maximum LKR 20,000)
Early settlement charges Within 3 years - 3% on balance outstanding
Between 3-5 years - 2% on balance outstanding
Above 5 years - 1% on balance outstanding
(Revised 2013.11.11)



We provide a personal loan with minimum documentation
  • Loan Application
  • Letter from Employer confirming service, position & salary
  • Form No.375 to be obtained
  • Proof of Identification (NIC/ Passport)


Apply Online