Pan Asia Bank offers ‘Budget + Plus vehicle Lease’ to suit Sri Lankan executives buying power
View(s):Sri Lanka’s public and private sector executive level employees now get an opportunity to purchase a suitable car for their job status through a leasing system ‘Budget + Plus Lease’ introduced by Pan Asia Bank, CEO of the bank, Dimantha Seneviratne disclosed.
With limited budget constraints especially among executives, most of them find it difficult to lease a most suitable car that suits their position.
Thereby they tend to rent or settle with a lease of low value vehicles that fits their budget, he said.
Budget + Lease is a five year lease product with a residual value, that enable to stretch out the affordability to drive in a vehicle that suits an individual’s position.
The product also comes out with a special interest rate, giving an added incentive for clients to purchase higher value vehicle with a monthly rental of Rs. 1,764 payable for a sum of Rs.100,000.
It is not only offered to purchase Hybrid vehicles that have the most demand, but also to those who purchase vehicles of other models of a brand new, reconditioned or registered nature for which the bank will offer them solutions to fit their budgets, he explained.
“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 78 branches which are scattered all over Sri Lanka covering important parts of the island do meet this benchmark,” Mr. Seneviratne said.