NDB Bank, Home Lands offer home financing solutions

Picture caption in last paragraph of the story.

NDB Bank recently entered into a strategic partnership with Home Lands Group, one of Sri Lanka’s most trusted and innovative real estate developers. The Memorandum of Understanding (MoU), signed recently, marks a significant milestone in empowering Sri Lankans to achieve their home ownership aspirations with greater ease and flexibility.

Through this partnership, NDB Bank has introduced a specialized home loan package designed exclusively for Home Lands customers, offering enhanced financial flexibility and convenience. The scheme provides up to 120 per cent financing, with 100 per cent allocated for the property purchase and an additional 20 per cent for ancillary expenses such as furnishing, remodeling, or other home-related requirements, the bank said in a media release.

Each customer under this partnership will receive the personalised support of a dedicated Relationship Officer who will guide them throughout the entire loan process—from the initial consultation to the final disbursement, ensuring a seamless, transparent, and reassuring experience. The financing scheme is further strengthened by a range of repayment options tailored to suit diverse customer needs and financial stages of life. Customers can choose from flexible structures such as bullet payments for lump-sum settlements, step-up payments that begin with smaller instalments and grow as income increases, or step-down payments ideal for parent-child joint loans where higher instalments are paid initially and gradually reduced over time.

Commenting on the partnership, Sanjaya Perera, Senior Vice President of Personal Banking and customer Experience at NDB Bank stated, “NDB is proud to collaborate with Home Lands Group in a venture that brings together financial innovation and lifestyle aspiration”. He added that at NDB, the belief has always been that owning a home is one of life’s most meaningful milestones, and through this partnership, the bank is able to offer a financing solution that is flexible, inclusive, and tailored to meet real customer needs.

Pictured above (L to R) Saranga Mendis – Sales Manager, Housing Loans, NDB; Nilanthi Dharmadasa – Senior Manager, Legal-Housing, NDB; Nadeeka De Alwis, Senior Manager, Personal Financial Solutions, NDB; Zeyan Hameed – VP, Retail Banking, NDB; Sanjaya Perera – SVP, Personal Banking & Customer Experience, NDB; Kelum Edirisinghe – Director/CEO, NDB; Nalin Herath – Chairman/MD, Home Lands Group; Harshani Herath – Director, Home Lands Group; Amaya Herath – Executive Director, Home Lands Group; Lanka Jayasinghe – Director Operations & Administration, Home Lands Group; Nimali Gunasekara – Director Legal, Home Lands Group; Mansoor Rishad – Dep. Director Marketing, Home Lands Group; and Dilan Kotuwila – Asst. Manager Bank Loans, Home Lands Group.