DFCC Garusaru Expands Pensioner Financing to Rs. 12 Mn 📈

• Loan Enhancements: DFCC Bank has expanded its Garusaru Pension Loan facility, allowing eligible pensioners to access funding from Rs. 100,000 to Rs. 12 Mn with repayment tenures up to 15 years. Borrowers can choose between fixed or variable interest rates to finance medical expenses, home improvements, or personal needs. • Eligibility Criteria: • Target Groups: Government pensioners, state pension-receiving widows/widowers, Central Bank of Sri Lanka (CBSL) and Ceylon Electricity Board (CEB) pensioners, and eligible ex-military personnel. • Age Limits: Applicants must be under 74 years at application, with full loan repayment required before age 75. • Cap: Monthly instalments are capped at a maximum of 60% of net monthly pension. • Strategic Focus: Addresses long-term personal financing needs for retirees by providing manageable monthly commitments and household budget predictability.