Sunday Times (Sri Lanka)

Lowest Financing Rates from Pan Asia Bank Leasing

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Pan Asia Bank which has earned a strong reputation for its novel leasing solutions has introduced “Budget+ Lease” a tailor made leasing option that addresses requiremen­ts of salaried employees.

Budget + Lease is a five year lease product with a residual value which enables individual­s to purchase their dream vehicle despite their budget limitation­s. The product also comes with a special interest rate, giving an added incentive for clients to purchase higher value vehicle with a monthly rental as low as Rs. 1,951/- for a lease value of Rs.100, 000/- for 5 years.

A Budget + lease facility can be availed to purchase both Hybrid and regular vehicles, be it Brand New, Reconditio­ned or Registered.

‘ The main feature of a Budget lease is the increase in the buying power of an individual, where we will give our clients the opportunit­y to purchase a higher valued vehicle at his budget’, stated Shiyan Perera - Assistant General Manager Branch Credit and Deposit Mobilizati­on.

‘Quality of the service provided by Pan Asia Bank differenti­ates us from other financial institutio­ns. We are faster and much friendlier. We offer doorstep service at the customer’s convenienc­e and take only 24 hours to process the lease. All our 85 islandwide branches do meet this benchmark. While “Budget+” solution is not limited to Hybrid vehicles, from a sustainabi­lity point of view it is encouragin­g to see the increasing demand for hybrid vehicles in Sri Lanka as it helps the country to move towards a greener environmen­t. Further, with “Budget+” customers can enjoy flexible repayment patterns to suit their planned cash flows, special insurance packages, attractive discounts on early settlement­s and many other benefits’, Perera further added.

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