📢 Loan Information Center

Government loan schemes, circulars, and eligibility calculator

📜 Government Circulars

Government Circular No: 01/2024 - Loan Eligibility

This circular outlines the eligibility criteria for government loans including the 40% salary rule.

Published: 16 May 2026

Government Circular No: 02/2024 - Distress Loan Scheme

Details about the 10-month distress loan scheme for emergency situations.

Published: 16 May 2026

Government Circular No: 03/2024 - Motorcycle Loan Scheme

Guidelines for motorcycle loan applications and repayment terms.

Published: 16 May 2026

💰 40% Eligibility Calculator

Calculate your maximum eligible loan amount based on the government's 40% salary rule.

📋 Loan Application Criteria

✅ 10 Month Loan / Distress Loan

  • Maximum loan amount: Based on 40% of monthly salary × 10 months
  • Repayment period: 10 months
  • Purpose: Emergency financial needs, medical expenses, education
  • Interest rate: 0% (Government subsidy)
  • Processing time: 7-14 working days

✅ Motorcycle Loan

  • Maximum loan amount: Based on 40% of monthly salary × 24 months
  • Repayment period: Up to 24 months
  • Purpose: Purchase of motorcycle for commuting
  • Interest rate: 4% per annum
  • Requires vehicle registration in employee's name
  • Processing time: 14-21 working days

📝 General Requirements

  • Permanent employee with minimum 2 years of service
  • No existing loan defaults
  • Valid NIC and PF number
  • Completed application form with all supporting documents
  • Salary deduction authorization letter

🔄 Application Process

1

Submit Application

Fill and print the application form, attach required documents, submit to HR

2

HR Verification

HR verifies your employment and eligibility

3

Finance Review

Finance Secretary reviews and assigns loan number

4

DDG Approval

Deputy Director General approves or rejects the application

5

Batch Assignment

Subject Clerk assigns batch number for disbursement

6

Loan Disbursed

Amount credited to your bank account

📞 Need Assistance?

Contact Finance Division for any queries regarding your loan application

📧 rdapayslips@gmail.com
📞 011-2046200
🏢 Maganeguma Maha Madura, 216, Denzil Kobbekaduwa MW, Battaramulla.

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