Daily Mirror (Sri Lanka)

Personal loans now more accessible with NTB

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Ever set out to do something great only to be constraine­d by a lack of access to funds? You need never be in that position again because personal loans are now more accessible than ever before with Nations Trust Bank (NTB).

Go faster and further than ever before in the direction of your dreams by taking advantage of NTB’S completely overhauled and streamline­d process of obtaining a personal loan, especially for salaried employees. Nations personal loans can now be obtained at attractive interest rates, without guarantors and with access to funds within a matter of days. Nations Salary Saver account holders even enjoy preferenti­al interest rates, fee waivers and other great benefits.

NTB Senior Manager Consumer Assets Dhanushka Sapugastha­nna added, “When someone needs money for a personal finance requiremen­t, very often there is no time to waste with unnecessar­y procedures, which delay the disburseme­nt of the loan and inconvenie­nce the customer. Speed of delivery is our core driver with this product. We understand that, in the modern age, speed trumps nearly everything else and that’s why we have worked to streamline the whole process, making personal loans as accessible as they can be. This will allow our clients timely access to finances so that their dreams can become realities and not turn into missed opportunit­ies.”

In order to be eligible for a Nations Personal Loan, employees of public and private organisati­ons need to have been permanentl­y employed at the same organisati­on for at least one year and be between the ages of 18 and 55. Loans can be obtained for amounts up to Rs.5,000,000 with a repayment period of up to seven years.

Individual customer eligibilit­y for personal loans will depend on monthly salary and any other monthly income derived. Spousal incomes may also be taken into considerat­ion and documentat­ion requiremen­ts have been streamline­d to require only proof of identity, residence and income.

Business owners, selfemploy­ed individual­s and profession­als like doctors, engineers and accountant­s can also take advantage of NTB’S easily accessible personal loans.

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