Sri Lanka’s leading private sector bank, HNB PLC, announced an exclusive partnership with renowned property developer Span Engineering (Pvt) Ltd. to offer prospective homebuyers special interest rates and exciting benefits for home loans.
The partnership will offer customers the best rates and customized payment plans to provide prospective homeowners with unique home loans for purchase of apartments at all new and existing Span projects including Span Tower 27 – Moratuwa, Span Tower 28 – Negombo, Span Tower 29 – Rajagiriya and Span Tower 30 – Pereira Lane.
HNB Deputy General Manager- SME and Retail Banking, Sanjay Wijemanne and Span Engineering Chairman, Sivasubramaniyam Sanjeevan participated in the ceremony held at HNB Towers to sign the MOU.
“As the demand for real estate, especially those for apartments have only increased in the past year despite the obstacles faced by the construction industry in the face of the pandemic, we worked towards providing unique investment opportunities in this sector for our customers. As such we are delighted to be working with Span Engineering in creating this unique opportunity for prospective homeowners to invest in a home of their dreams,” HNB Head of Personal Financial Services, Kanchana Karunagama said.
HNB will offer customer making use of promotion with flexible repayment options, Step-up facility, Grace period and residual option which ensures a repayment option in line with the customers increasing income. Prospective homeowners can customise repayment plans to suit their income pattern.
Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest payment, in addition to a seamless loan approval process supported by its state-of-the-art backend systems.
“We have experienced an increase in demand for apartments over the past few years which has resulted in four new projects under our banner Span Towers. The partnership with HNB will offer our customers a unique opportunity to invest in a home of their dreams on their terms. As such we look forward to working with the bank during this promotional period to off prospective home owners access to affordable housing facilities,” Span Engineering Chairman, Sivasubramaniyam Sanjeevan said.
Span Engineering has successfully completed twenty-one quintessential condominium projects making it one of the best housing opportunities within Colombo. The company has now expanded to develop projects in Wellawatte, Negombo, Moratuwa and Nuwara Eliya catering to the high demand from local and foreign homeowners.
Further information regarding the offer can be obtained from HNB customer Centre’s on 011-2462462 and Span Engineering on 0773 686 000.
With 256 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Consolidating its reputation for banking excellence, HNB bagged the Best Retail Bank and Best SME Bank awards in the Banking category at the International Finance Awards 2021.
The bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.
