Highlights

Apply just one time and use the facility whenever you need it. 

• An advance of Up to 75% of the monthly pension. 
• Apply just one time and use the facility whenever you need it. 
• Withdraw funds from ATMs across the country through your Debit Card.

Benefits

You can also apply for a Personal Loan up to 5Mn with a repayment period of up to 10 years subject to full settlement of the loan prior to reaching 75 years of age.

Eligibility

You should be a government pensioner or widow/widower who receives their pension through Government Pensions Department or should be a pensioner of Central Bank of Sri Lanka or Ceylon Electricity Board who is below 74 years of age.

Your minimum net pension should be Rs 25,000/- per month.

your pension should have been credited to your Commercial Bank account at least during the previous or current month.

Advance amount

You can receive an advance of up to 75% from the previous month’s pension subject to a maximum limit of Rs. 50,000/-.

Documents required

1. Pension Advance application.
2. Current A/C Account Mandate (introduction not required).
3. NIC Copy of National Identity Card / Valid Passport/ Valid Driving License. 
4. Address verification documents indicating applicant’s name and address (if applicable). More info >>
5. Pensioners' Identity Card.
6. Customer request to remit monthly pension to Commercial Bank (GPL 01).
7. Affidavit prescribed by the Department of Pensions (GPL 03).

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.