NDB Leasing interest rates further reduced to 12.5%

Friday, 17 January 2020 00:00 - - {{hitsCtrl.values.hits}}

NDB Leasing has taken additional steps to provide its customers with the very best in 2020 by further reducing interest rates to 12.5%.

These competitive interest rates and flexible repayment plans extend up to five years for both registered and unregistered vehicles. NDB customers can enjoy customised repayment plans that match the individual repayment capacity along with discounted insurance premiums. Additionally, structured payment plans with balloon payments and facilities with residual value/multiple RV are also available.

In order to serve the bank’s Leasing clients better, NDB Leasing has also opened Leasing Centres around the island, including Gampaha, Negombo, Kalutara, Ratnapura, Galle, Matara, Kandy, Anuradhapura, Kurunegala and Batticaloa.

NDB has continuously enhanced its vehicle financing proposition to accommodate the diverse, evolving needs of consumers.

NDB Leasing is available for individuals as well as small and medium-scale enterprises. It helps to enhance and develop the SME’s sector of the country, by facilitating the purchase of a range of commercial vehicles such as lorries, freezer lorries, buses, and vans as well as equipment. In addition, NDB has also offered customised leasing facilities through its credit line funding for small and medium scale businesses in islandwide including North and East Provinces under concessionary rates.

NDB extends its leasing facilities to a wide range of customers via regional networks and strategic partnerships. NDB’s 365-day leasing desk available at the bank’s branches islandwide further enhances accessibility for its leasing services.