Pan Asia Sammana & Ranaviru Harasara awareness campaigns at Kegalle and Balangoda

Thursday, 18 December 2014 00:00 - - {{hitsCtrl.values.hits}}

Pan Asia Bank Kegalle and Balangoda branches recently conducted promotional campaigns to create awareness about the bank’s Sammana and Ranaviru Harasara loan schemes. Vice President of National Pensioners’ Trust Fund Association Mervin Perera and President of Pensioners trust fund Association Kegalle Lional Ashoka Rajapakshe were the Chief Guests at these events respectively.

Pan Asia Bank offers ‘Sammana’ loan scheme to government pensioners including retired members of armed forces, while offering special loans to families of KIA/MIA/DIA (Killed In Action, Missing In Action and Disabled In Action) category members of armed forces and Police. In both cases the loan can be repaid until the applicant reaches 70 years of age. Under the new insurance value addition, customers of these loan schemes will be offered loan protection policies at comparatively low premiums and the insurance will work as a life policy in that, in an event of a customer’s demise prior to full settlement of the loan, not only his/her closest family members will be relieved of the loan liability but they also will receive balance amount left from the original sum assured. Further, the policy is issued without any medical inspections irrespective of their ages which is a rare privilege for the elderly people of the country.