FT

Pan Asia Bank promotes ‘Budget+Leasing’

Friday, 9 August 2019 00:00 -     - {{hitsCtrl.values.hits}}

 

  • New initiative offers lowest monthly vehicle instalments enabling customers to reach for a higher value vehicle

Leasing vehicles offer many benefits to consumers, the greatest being lesser costs, smaller down payments and lower monthly payments, which makes owning a dream vehicle easy on the pocket and stress-free. A market where many leasing service providers exist however can lead to confusion amongst consumers who find it difficult to sift the chaff from the grain, especially in times of economic stress, when it becomes imperative to take wise financial decisions and partner with a reliable leasing provider. 

In such a context, Pan Asia Bank stands apart as a Bank that has developed a strong reputation for offering products and services which fulfil specific needs of customers fuelled by its belief that every person deserves to realise his or her dream. Thus the Bank has devised customised leasing solutions that support its customers to achieve their aspirations. 

An ideal product for salaried customers who need to stay within a specific leasing budget for their vehicles, but still want to fulfil their dream of purchasing a vehicle, is Pan Asia Banks’ ‘Budget+Leasing’, which stretches affordability at Rs. 1,983 for every Rs. 100,000 over a duration of five years. Budget+Leasing was designed to offer the lowest monthly rental unlike regular leases, where the monthly outgo is higher. This product was conceived after hearing customer after customer wish for lower monthly payments to suit their income levels. Budget+Leasing is the answer to their wishes as they have to pay 40% of the lease value to the Bank only at the end of five years, unlike most other leasing service providers that demand the amount at the outset. This product allows customers to even graduate to a higher value vehicle during the period and still make low monthly instalments. 

Placing high priority on customer convenience, Pan Asia Bank also offers a network of lowest insurance premiums in-house, so that customers do not spend time hunting for an insurance provider for the vehicle and can complete all such related formalities under one roof.

As one of the most customer focused leasing partners in the industry, Pan Asia Bank offers some distinct benefits that have resulted in growing its portfolio of Leasing customers. Pan Asia Bank’s industry-best leasing experts guide and advise customers on the leasing options that suit their circumstances. The main benefit in selecting Pan Asia Bank as your leasing partner is the flexibility and courteous service the staff offers, which makes for a stress-free and pleasant experience. Furthermore, the Bank’s services can be accessed through its island-wide branch network of 85 branches with ease.

COMMENTS