Wednesday, 28 May 2014 00:00
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Instead of shelving cherished dreams due to tight budgets, people can now make them come true with BOC Personal Loans. It may be that fairytale wedding or that latest home theatre system that has caught the eye or that super piece of furniture that would add that extra degree of elegance or it may be a dream car, The Bank of Ceylon Personal Loan will assist in financial needs in realising any of them.
Special packages under this scheme can also be arranged to provide financial assistance to go on tour or to a pilgrimage destination. A BOC Personal Loan can also be used to renovate a home or buy land as an investment for the future.
The Bank of Ceylon offers this privilege to Sri Lankan citizens between the ages of 18 to 55 years who are either permanently employed in a Government statutory body or a listed private sector company who take home a salary above Rs. 30,000 or employed on contract basis who take home a salary above Rs. 50,000. This facility is provided at a very reasonable service charge and at low interest rates for a maximum five-year repayment period. The bank also provides the option of flexible repayment to suit customers’ lifestyles.
The maximum loan amount based on salary with the lowest service fee in the market can be obtained with the most personalised customer service in the market; obtain all information and the speedy execution of the loan from any BOC branches spread around the country. As this loan scheme is designed to involve less paper work by providing only the most essential documents, customers could enjoy benefits of this facility without delay.
The Bank of Ceylon earned global recognition as one of the top 1000 banks in the world, as listed by The Banker Magazine (UK) respectively in 2012 and 2013. The bank claimed its award as the only Sri Lankan brand recognised as one of the Asia’s Best Brands in 2013 by the Chief Marketing Officer’s Council (CMO Council) based in Mumbai, India.
Brand Finance Lanka ranked Bank of Ceylon as the No. 1 Brand in Sri Lanka for the last six consecutive years. The Bank of Ceylon recorded yet another hat-trick in 2013 at the National Business Excellence awards ceremony organised by the National Chamber of Commerce. The bank has reached unique milestones in recent years by achieving rapid growth in recent years and currently holds over Rs. 1 trillion assets. Focusing on the bank’s achievement, Fitch Rating Lanka ranked the Bank of Ceylon at AA+(lka), which is the highest rating awarded to a local commercial bank.
Bank of Ceylon is also the only Sri Lankan bank with an international presence, with branches in Chennai, Male, Seychelles and a subsidiary in London.