Loan Comparator
Compare loan offers from multiple banks side-by-side
Monthly EMI
Rs. 65,978
Monthly EMI
Rs. 66,733
Monthly EMI
Rs. 67,494
Comparison Summary
| Bank | Rate | EMI | Total Interest | Effective Cost | vs Best |
|---|---|---|---|---|---|
| Bank of Ceylon | 11.5% | Rs. 65,978 | Rs. 958,669 | Rs. 4,003,669 | Best |
| Commercial Bank | 12% | Rs. 66,733 | Rs. 1,004,001 | Rs. 4,049,001 | +Rs. 45,331 |
| Sampath Bank | 12.5% | Rs. 67,494 | Rs. 1,049,629 | Rs. 4,094,629 | +Rs. 90,960 |
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Data updated July 2026
Reference: Indicative Bank Rates
These are approximate rates and may vary. Always confirm with the bank.
| Bank | Vehicle | Personal | Housing |
|---|---|---|---|
| Bank of Ceylon | 11.5% | 16% | 8.5% |
| People's Bank | 11% | 15.5% | 8% |
| Commercial Bank | 12% | 17% | 9% |
| Sampath Bank | 12.5% | 17.5% | 9.5% |
| HNB | 12% | 16.5% | 9% |
| Seylan Bank | 12.5% | 17% | 9.5% |
| NDB Bank | 11.5% | 16% | 8.5% |
| DFCC Bank | 12% | 16.5% | 9% |
Sri Lankan Bank Vehicle Loan Rates 2026
Compare vehicle loan interest rates from major Sri Lankan banks. Rates shown are indicative for new vehicle loans; actual rates depend on credit profile, vehicle type, and loan amount.
| Bank | Rate Range | Max Tenure | Processing Fee | Min. Loan |
|---|---|---|---|---|
| Bank of Ceylon | 11-13% | 7 years | 0.5% | Rs. 500K |
| People's Bank | 10-12% | 7 years | 0.5% | Rs. 500K |
| Commercial Bank | 12-14% | 5 years | 1.0% | Rs. 300K |
| HNB | 13-15% | 5 years | 1.0% | Rs. 300K |
| Sampath Bank | 12-14% | 5 years | 1.0% | Rs. 250K |
| NDB | 13-16% | 5 years | 1.5% | Rs. 500K |
| DFCC Bank | 12-15% | 5 years | 1.0% | Rs. 250K |
Rates are indicative as of early 2026. Contact banks for current rates and offers. Salary account holders may receive 0.5-1% discount.
Example: Comparing 3 bank offers for Rs. 3M loan
Sample Inputs
What This Calculator Does
This tool compares loan offers from multiple banks side-by-side. Enter different interest rates, tenures, and fees to find the most cost-effective loan for your needs.
- Compare up to 5 bank loan offers
- Shows EMIEquated Monthly Installment — the fixed monthly loan repayment covering principal and interest, total interest, and effective cost
- Includes processing fees and insurance
- Highlights the best value option
- Uses Sri Lankan bank rate references
Inputs and Assumptions
Assumptions
- - Reducing balance interest calculation
- - Equal monthly installments (EMIEquated Monthly Installment — the fixed monthly loan repayment covering principal and interest)
- - No prepayment penalties
- - Insurance calculated on loan amount
Frequently Asked Questions
Related Resources
Sources & methodology
Part of the Loans & Debt collection
How we calculate
Central Bank of Sri Lanka
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Methodology verified July 2026 against Central Bank of Sri Lanka · Attribution: CalcLK