Amana Bank financing offers for government teachers and lecturers

Amana Bank has extended the financing amount and repayment period for government teachers and lecturers.in recognition of their services to the society

The increased facility amount of up to Rs. 3 million with a 10 year repayment period, enables customers to obtain a facility at an affordable instalment against their salary. This will be applicable for financing facilities to purchase property, construction materials, vehicles, solar panels, furniture, household and personal appliances in a convenient ‘pay as you can’ mechanism, without the burden of having guarantors or pledging security, the bank said in a media release.

Amana Bank’s Head of Retail Advances Ramakrishnan Kirubakaran commenting on the offer, said “We are honoured to extend this service to the teachers and lecturers, who play a key role in disseminating knowledge to the children and youth of the country. We have tailor-made the offering to this segment enabling them to enjoy increased purchasing power to uplift their lifestyle.”