DFCC Bank Unveils Sri Lanka’s First-Ever 20-Year Fixed-Rate Home Loan, Redefining Stability in Uncertain Times

In a landmark move that redefines home financing in Sri Lanka, DFCC Bank has introduced the country’s first 20-year fixed interest rate home loan—an unprecedented product designed to offer long-term financial stability, faster access, and deeply human-centered support to Sri Lankan homebuyers.

At a time when many households grapple with uncertainty, interest rate fluctuations, and affordability concerns, DFCC Bank’s new offering provides a sense of permanence that is rare in today’s market. With home loan interest rates starting as low as 9.5%, customers can explore flexible options that suit their financial plans. For those seeking long-term predictability, the 20-year fixed-rate product—starting at 13%—offers unmatched stability over two decades, enabling borrowers to plan with confidence and clarity.

Unlike traditional floating-rate products, which have left many borrowers exposed to sudden increases in monthly repayments, DFCC’s long-term fixed-rate solution offers predictability and peace of mind. It reflects the bank’s understanding that a home loan is more than a financial transaction—it’s a deeply emotional journey tied to life goals, family security, and long-term planning.

Every aspect of this product has been designed around real customer needs. The process respects the urgency and stress often associated with home buying, with full disbursement possible in as little as ten working days. Beyond the speed, the bank has eliminated unnecessary bureaucracy and enabled a simple, transparent process that lets customers focus on what matters most: moving in.

In a market where fixed-rate offerings are typically short-term or unavailable altogether, DFCC Bank stands out not just for the product innovation but for its intent. This new loan offering ensures inclusivity by supporting personalized repayment plans and loan terms of up to 30 years, empowering middle-income families who have often been excluded from competitive housing finance. Transparent pricing further reinforces customer trust, with no hidden rate hikes or surprises—what customers commit to is exactly what they pay.

This pioneering move also signals a broader strategic commitment to responsible banking. DFCC Bank is addressing systemic issues that have historically hindered homeownership in Sri Lanka—interest rate volatility, long approval cycles, and limited options for financially diverse customers. As the country rebuilds confidence in its economic future, this initiative enables more Sri Lankans to invest in housing today without fear of tomorrow.

“This is more than a loan—it’s a promise. A promise that we will stand by our customers not just today, but for the next 20 years. In a world of uncertainty, DFCC Bank is choosing to offer clarity, consistency, and care,” said Aasiri Iddamalgoda, Senior Vice President, Head of Retail & Business Banking at DFCC Bank.

With this groundbreaking product, DFCC Bank has cemented its position as a pioneer in customer-first financial solutions and a reliable partner in progress. It is not just raising the bar for home loans—it is reimagining the role a bank can play in helping people build lives, not just houses.

About DFCC Bank

DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange since 1956, is one of Sri Lanka’s leading financial institutions. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, the Bank offers a comprehensive portfolio of retail, corporate, and SME banking services, along with treasury, investment, and trade finance solutions.

With customer centricity and sustainable innovation at its core, DFCC Bank delivers seamless and secure banking experiences, which include digital platforms like DFCC MySpace, and through a network of 138 branches and access to over 5,500 ATMs via the LankaPay network.

A recognised leader in sustainable finance and renewable energy initiatives, DFCC Bank is committed to reducing environmental impact and fostering long-term economic resilience.