HNB FINANCE introduces Auto Loan facility for motor vehicle purchases

Thursday, 06 January 2022 04:04

HNB FINANCE introduces Auto Loan facility for motor vehicle purchases

Businesscafe - 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.

About HNB FINANCE

HNB FINANCE PLC was established in the year 2000 and is licensed as a registered Finance Company by the Monetary Board of the Central Bank of Sri Lanka.


The company holds a National Long-term Rating at ‘A(lka)’; as affirmed by Fitch Ratings.


Maintaining an extensive island-wide presence across 70 branches, HNB FINANCE offers a range of exceptional financial services which include Small and Medium Enterprise (SME) Loans as well as leasing, gold loans, housing loans, personal loans, savings and fixed deposits facilities.

Last modified on Thursday, 06 January 2022 04:14