A housing loan guarantee can be obtained from EPF in order to take a housing loan from the following lending institutions :
  • Bank of Ceylon
  • Peoples’ Bank
  • SMIB
  • HDFC
  • Any branch of a Rural Co-operative Bank

The Loan will be granted for any one of the following purposes:

  • Construction or Completion of a house
  • Purchase of a house or Building site
  • Improvements or additions to an existing house
  • Redemption of a debt obtained from a recognized lending institution in connection with one or more of the above purposes


  • Active members who are currently contributing to the Fund are eligible for a guarantee for 75% of the balance lying to their credit in one or more of their EPF accounts.
  • Inactive members who have not contributed to the Fund throughout the proceeding year are eligible for a guarantee for 50% of the balance lying to their credit in one or more of their EPF accounts.
  • In the case of married members and members having children who are contributors to the Fund, a guarantee can be obtained by combining the balance of both accounts. In such cases, the amount available depends on the applicant’s own credit status.

Application Procedure

  • A member should obtain 2 housing loan application forms from the nearest Labour Office or download from the website and send them back, duly filled, to the same Office.
  • The Labour Department will check the Forms and forward From No.02, based on the information provided in the application, to the EPF Department.
  • If the application is accepted, a certificate will be issued indicating the amount approved. This will be sent back to the relevant labour office.
  • The loan can be obtained by producing the certificate to the preferred lending institute.
  • Note : The application can be rejected if,
    • The name in the application form differs from the name appearing in the C Form
    • The applicant has already obtained a housing loan and it is not fully settled.

    Loan Repayment

    Repayment of the loan will depend on the terms and conditions agreed upon with the lending institute. The loan is considered settled only after the last installment is paid. After the payment is completed, the loan settlement form (form 14) should be obtained from the relevant labour office or downloaded from the website. This form should be sent to the Labour Department after it is duly certified by the lending institute. The Labour Department will then forward it to the EPF department for record updation.

    Default Payments

    If the member fails to pay the due installments, the the lending institution will send default application through their head office annually. The amount will be debited from the EPF balance of the member concerned and paid to the lending institution.

Note :
    Members are not encouraged to default payment for the housing loan, as interest is deducted at the end of the year, thus cumulating the amount and the rate for default is much higher than the rate for the housing loan. (This default rate depends on the lending institution). This has lead to the eroding of the member’s balance available for retirement life.
Members / Employees

When leaving service on reaching age of retirement.

  • 1) Males - 55 years
  • 2) Females - 50 years

When leaving service on grounds of marriage in the following context
(For female Employees)

  • 1) If married within 3 months of leaving service
  • 2) Have left service within 5 years of marriage
A certified photocopy of the Marriage Certificate certified by the Registrar who registered the marriage or a marriage certificate issued by the Additional District Registrar should be submitted along with the above forms.

When migrating to another country on a permanent Visa

  • 1) The permanent Visa and a photocopy
  • 2) The Original of the passport and a photocopy along with the above forms should be submitted to the Head Office of the Labour Department

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