NDB revolutionises vehicle financing arena

NDB has yet again transformed the country’s vehicle financing platform by extending its unique leasing facility with no guarantors and down payments, to enable the financing of registered vehicles. This special financing scheme for registered vehicles will grant a distinctive opportunity for growing enterprises and aspiring individuals to drive away with their own vehicle with ease.

With this unique new facility customers will be able to enjoy customised repayment terms to match the individual repayment capacity along with discounted insurance premiums. Further, the ability to obtain a prior credit assessment to determine the maximum finance value that can be obtained will help the customers make well informed decisions on the vehicle they would be able to purchase. The facility is processed with minimal documentation and promises the convenience of a quick financing option which will enable customers to drive away in the vehicle of their choice within just one day.

This special scheme had been particularly devised to finance the purchase of second-hand, registered vehicles to be used for personal, business or agricultural purposes.

The types of vehicles that can be financed include cars, vans, jeeps and double cabs as well as lorries, trucks and buses. The dynamic, experienced team at NDB is committed to delivering a superior service to enable customers to obtain the facility within the shortest possible time.

Commenting on this scheme, NDB Vice President and Head of Retail and SME banking Raj Aboobucker said, “At NDB, our priority is to ‘change lives’ of our customers by being innovative and customer friendly. Accordingly, last year NDB took the initiative of abolishing all barriers to make leasing for unregistered vehicles more accessible and convenient. Having removed the hassle of obtaining guarantors and making down payments, now customers can get a lease facility within just one day. We have now taken this innovative solution further by extending it to registered vehicles as well. We hope that all Sri Lankans seeking convenient and fast vehicle financing solutions will come to NDB to take advantage of this offering.”   

This vehicle finance scheme is available for all Sri Lankans and is offered via NDB branches island-wide making it convenient and accessible to all.