July, 1, 2026
Union Bank is proud to announce the launch of the new Union Bank Pension Loan, to empower Government pensioners live their retirement with dignity and strength. Introduced under the warm and empowering theme “විශ්රාම ජීවිතේ බරක් නොවී බලයක් කරගන්න!” (Make your retirement a strength, not a burden), this special loan is designed to be the most rewarding financial solution for Government pensioners.
Also available for widow pensioners, Central Bank retirees, and armed forces members not in service, this loan is built to give retirees true financial freedom. Whether it is for building a home, fulfilling a lifelong dream, handling personal expenses, or creating an income generating avenue, Government pensioners can borrow up to Rs. 8 million with a very comfortable repayment period of up to 15 years. To make the process as easy and stress-free as possible, the bank offers low interest rates and fast approvals with no personal guarantors required.
Malinda Perera, Vice President Retail Products and Cards at Union Bank said, “What makes this loan truly unique are the free daily lifestyle benefits that Union Bank is adding to care for its customers. Union Bank provides the highest loan value of Rs. 8 million and is the only bank provide some key benefits. Pensioners will receive LKR 30,000 worth of free PickMe rides every year for safe and independent travel, alongside a yearly health package worth LKR 7,000 that covers medical screenings at Nawaloka Hospitals and cash back for medicine during their birthday month along with other benefits. Pensioners will also receive a pre-approved Union Bank Credit Card as an extra safety cushion for sudden financial emergencies.
More details on the Union Bank Pension Loan is now available on www.unionb.com or pensioners can simply call 0117818181 for details and assistance.
In Picture : Malinda Perera, Vice President Retail Products and Cards
Video Story