HNB Finance introduces ‘Auto Loan’ facility for motor vehicle purchases

Tuesday, 11 January 2022 03:08 - - {{hitsCtrl.values.hits}}

Spearheading innovative customer-centric financial services, Sri Lanka’s leading integrated financial services provider HNB Finance PLC recently announced its ‘Auto Loan’ scheme, enabling customers to obtain a loan to purchase a motor vehicle.

As the motor vehicle serves as a collateral for the loan, customers will be able to pay off the loan in fixed instalments. Ensuring a more personalised and convenient customer experience, executives from HNB Finance will personally visit their customers and provide a seamless service, eliminating all hassle to the customer.

“It is a great pleasure to announce that HNB Finance PLC is offering the Auto Loan facility, tailor-made to fit the requirement of eligible customers. We are confident that through the introduction of such products to our resilient portfolio, we will continue to enable, empower and allow customers to enjoy a personalised experience,” said HNB Finance PLC Chief Manager/Acting Head of Leasing Rangana Shamil.

Flexibility is an exclusive proposition through this loan facility, as the monthly repayment period can be adjusted from a minimum of six months, to a maximum of 84 months for unregistered vehicles, and a minimum of six months, to a maximum of 60 months for registered vehicles. The scheme is also limited to dual purpose vehicles, including cars, vans, SUVs, pickups and mini trucks.

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