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Sunday, 19 July 2015

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HNB Leasing offers low interest rates for vehicles

Hatton National Bank (HNB) is offering a low interest rate for registered vehicles to mark the 25th anniversary of its leasing business.

Customers will receive interest rates from 9.5% upwards for cars, vans, jeeps, SUVs, dual purpose and hybrid vehicles upto the end of this month. This is the latest in a series of special promotions from HNB Leasing in its silver jubilee year to offer the best deals. Senior Manager, Leasing, Kanchana Karunagama said, "The special rates are similar to the rates we offer for the leasing of new and unregistered vehicles, and is aimed at popularising the financing of registered vehicles, which is a market with great potential."

"Our options such as Flexi Plan, Cash Back, My Dream and Easy Pay offer flexible repayment options to customers and provide them a choice, which helps to make HNB one of the best banks for leasing," he said.

This special promotion for registered vehicles goes hand-in-hand with the Cash Back option, providing additional benefits to customers. Cash Back targets the business community to finance their working capital by way of re-leasing the same asset.

Under this option, any person who owns a vehicle or enjoys a loan or lease facility in any other financial institution can receive cash by obtaining a lease facility from HNB Leasing, for the business or even for a personal need.

The My Dream option allows customers to upgrade their vehicles by settling their lease or loan facility with 100% concessions and rebates on future interest. Customers with good repayment records will have the opportunity to upgrade their vehicles without offering guarantors and additional collateral, even if they enjoy the facility with other financial institutions.

Another feature is Easy Pay, through which a customer who has obtained a lease can make bulk payments at different intervals.

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