Sunday Times (Sri Lanka)

NDB Leasing empowers the entreprene­urs of Sri Lanka

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NDB made waves in Sri Lanka's vehicle financing industry with the introducti­on of a unique leasing solution last year. Accordingl­y, NDB took the initiative of abolishing all barriers to make leasing for unregister­ed vehicles more accessible and convenient. Having removed the hassle of obtaining guarantors and making down payments, customers could now get a lease facility within just one day. With the modificati­on of the leasing offer, NDB customers now enjoy customised repayment terms that match the individual repayment capacity along with discounted insurance premiums. NDB Leasing ensures that the facilities are processed within minimal documentat­ion and promises the convenienc­e of a quick financing option which will enable customers to drive away in the vehicle of their choice within just one day.

Building on the tremendous response to this unique offer, NDB has continuous­ly enhanced its vehicle financing propositio­n to accommodat­e the diverse, evolving needs of consumers in today's context. As a result, NDB extended this innovative solution to registered vehicles early this year, and thus for the first time in Sri Lanka, customers who wish to purchase second hand vehicles could also enjoy the convenienc­e of obtaining financing facilities without any barriers.

NDB extends its Leasing facilities to a wide range of customers via regional net- works and strategic partnershi­ps. NDB Leasing has entered into exclusive partnershi­ps with pioneering vehicle dealers in the country to offer unrivalled benefits to its customers. Bank's most recent tie up with Toyota Lanka (Pvt)Ltd, facilitate­s the purchase of a range of Toyota Avanza vehicles with discounts as much as Rs.550,000/-, granting its Leasing customers with a unique advantage to enjoy lower vehicle prices. The strategic tie up with United Motors PLC early this year, provides the aspiring, entreprene­urs with the opportunit­y to purchase Mitsubishi Fuso Trucks at discounted prices when financing them through a Leasing facility from NDB.

NDB Leasing is available for individual­s as well as Small and Medium scale Enterprise­s.

It helps to enhance and develop the SME's sector of the country, by facilitati­ng the purchase of a range of commercial vehicles such as Lorries, Freezer Lorries, Buses, and Vans etc. The bank's inclusion of "Three Wheeler Leasing" to its portfolio last year was a timely and relevant initiative that reiterated NDB's commitment towards the SME developmen­t of the country. In addition, NDB has also offered customised leasing facilities through its credit line funding for small and medium scale businesses in the North and East Provinces under concession­ary rates. NDB Leasing is one of the multi faceted financing options granted to SME's by NDB through its flexible and wide angle approach towards SME and livelihood developmen­t of the country.

NDB has made it a priority to ' change lives' of its customers by being innovative and customer friendly. In keeping with this vision, NDB Leasing has evolved with the changing needs of consumers and has pioneered many firsts in the industry. By doing so, it has been able to help customers to realise their dreams of owning a vehicle of their own within just one day. The dynamic, experience­d team at NDB Leasing is committed to delivering a superior service to enable customers to obtain the facility within the shortest possible time. NDB strives to continuous­ly improve the experience of its customers and the recent partnershi­p with Toyota Lanka bears witness to its continued commitment to offering the best possible opportunit­ies to the bank's valued clients.

NDB Leasing is made available through NDB's island wide network of 66 braches making it convenient and accessible to all. NDB remains committed towards enriching the lives of their customers by helping them achieve their lifestyle goals through a range of tailor made products and services. Further details on NDB ' s products and services can be obtained from NDB's 24 hour Call Centre, by calling 011 2 448 888 or by visiting any NDB branch.

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