Business Times

‘Seylan Smart Lease’ gives leasing a new dimension

Seylan Bank recently further expanded its portfolio of products with the introduction of ‘Seylan Smart Lease’ for the benefit of its thousands of existing and potential customers all over Sri Lanka.

The bank said ‘Seylan Smart Lease’ is a smart product with the benefit of a totally flexible option of paying rentals. It gives one the option of paying an amount, more than the standard rental during ‘good’ months when one enjoys a higher income (bonuses, seasonal business and income etc).

In effect with the increase of payment in the higher income months, the remainder of the balance rentals comes down accordingly, for the rest of the repayment period. This effectively means that one has to pay a lesser rental for the balance period of the lease within the relevant year.

General Manager/CEO at the Seylan Bank, Kapila Ariyaratne said, “Being the bank with the heart that is always in tune with the needs and aspirations of our customers, we are on a constant journey of value addition and innovation.

This new package is a testament to our commitment to this cause and combines the relief of our new flexible payback option with the hassle free service we always offer with our leasing packages.”

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