Vehicle finance proposition from NTB

Nations Trust Bank (NTB) recently launched a vehicle finance proposition targeting the salaried and professional segments in the market.

The focal point of the proposition is the concept of enabling one to drive a vehicle hitherto thought unaffordable. To enable this, customers could structure their leases in a manner that would allow them to make lump sum payments during the tenure of the facility or even as the last rental.

Features such as early settlement benefits, complimentary membership to a Roadside Assistance Scheme, documentation fee being waived off, guarantors not required, up to 50% saving on insurance and even Rs 5,000 for a tank of fuel would make it a hard choice to resist. A limited offer of 9.5% is being granted for all registered and unregistered personal vehicles such as cars, vans and SUVs.

Deputy General Manager, Leasing, Nations Trust Bank, Priyantha Wijesekera said, "We are indeed pleased to have launched a proposition such as this to this segment which is a primary focus of the Bank. Our intention is to empower people to realise their aspirations with regard to the vehicle they drive. We want to guide customers and give them an option of going in for a better vehicle, by taking into account their potential cash flow during the tenure of the lease and by leveraging on the resale value of the asset".