- THINKING OF BUYING A VEHICLE BACK AT HOME?
THINKING OF A WAY TO FINANCE A VEHICLE WHILE YOU ARE AWAY?
NOW YOU CAN GET INTO ACTION BECAUSE WE HAVE EXACTLY WHAT YOU ARE LOOKING FOR!
THIS IS AN UNIQUE OPPORTUNITY OFFERED BY A TRUSTED SRI LANKAN BANK FOR YOU AND YOUR FAMILY TO OWN A CAR IN SRI LANKA AND PAY FOR IT IN EASY MONTHLY INSTALLMENTS WHILE YOU ARE EMPLOYED ABROAD.
FEATURES OF THE SCHEME
THIS IS AN UNIQUE OPPORTUNITY OFFERED BY A TRUSTED SRI LANKAN BANK FOR YOU AND YOUR FAMILY TO OWN A CAR IN SRI LANKA AND PAY FOR IT IN EASY MONTHLY INSTALLMENTS WHILE YOU ARE EMPLOYED ABROAD.
FEATURES OF THE SCHEME
- LEASE FACILITY GRANTED IN THE NAME OF AN IMMEDIATE FAMILY MEMBER BASED ON YOUR CREDENTIALS
- ALLOWS YOUR IMMEDIATE FAMILY TO ENJOY THE BENEFITS OF YOUR SUCCESS WHILE YOU ARE ABROAD.
- ACCOMMODATES BRAND NEW, RE-CONDITIONED AND USED CARS TOO.
- ATTRACTIVE RATE OF INTEREST.
- SPEEDY PROCESSING OF FACILITY.
- HASSLE FREE DOORSTEP SERVICE.
- AMAZING DISCOUNTS ON THE VEHICLE INSURANCE.
- A CAR HAS TO BE SELECTED BY YOU OR YOUR FAMILY IN
- SUBMIT THE NECESSARY DOCUMENTS TO THE BANK (described in next caption)
- BANK PROCESSES THE LEASE AND APPROVES THE FACILITY IN THE NAME OF THE FAMILY MEMBER NOMINATED BY YOU.
- YOUR FAMILY MEMBER SIGNS THE AGREEMENTS, MAKES THE DOWN PAYMENT AND DOES THE INSURANCE THROUGH THE BANK.
- BANK ISSUES THE PURCHASE ORDER TO THE CAR SELLER.
- YOUR FAMILY DRIVES THE CAR HOME.
- CAR SELLER SUBMITS THE VEHICLE REGISTRATION DOCUMENTS TO THE BANK AND COLLECTS THE PAYMENT.
- YOU/YOUR FAMILY MAKE THE MONTHLY PAYMENTS TO THE BANK.
(WE WILL ASSIST YOUR FAMILY IN THE PROCESS AND WILL ENSURE A HASSLE FREE SERVICE)
DOCUMENTS REQUIRED
FROM THE PERSON EMPLOYED ABROAD
- COPY OF THE NIC AND THE PASSPORT
- COPY OF THE VISA AND/OR RESIDENCE/EMPLOYMENT PERMIT
- ACCEPTABLE COPY OF PROOF OF EMPLOYMENT/BUSINESS ABROAD(copy of valid employment contract/copy of business registration)
- COPIES OF PROOF OF INCOME(last 3 months pay slips/bank statements)
FROM THE FAMILY MEMBER ON WHOSE NAME THE LEASE IS TO BE GRANTED
- COPY IF NIC
- COPIES OF LAST 3 MONTHS PAY SLIPS(if employed)
- COPIES OF PROOF OF MONTHLY REMITTANCES TO SRI LANKA(last 6 months bank statement copies or remittance advices)
- COPY OF A DOCUMENTARY EVIDENCE TO PROVE THE RELATIONSHIP TO THE PERSON ABROAD(marriage certificate/birth certificate)
- BILLING PROOF TO ESTABLISH THE ADDRESS(utility bill)
#FROM THE GUARANTORS (BANK MAY REQUEST FOR PERSONAL GUARANTORS DEPENDING ON THE TERMS OF THE LEASE)
- COPY OF NIC
- PROOF OF INCOME
CONDITIONS
- FOR BRAND NEW & RECONDITIONED CARS WE MAY GRANT A MAXIMUM OF 70% OF THE VEHICLE VALUE.
- FOR USED CARS WE MAY GRANT A MAXIMUM OF 60% OF THE VEHICLE VALUE.
- IF THE FAMILY MEMBER IS NOT DRAWING ANY INCOME(E.g. house wife) WE MAY GRANT A MAXIMUM OF 50% OF THE VEHICLE VALUE IRRESPECTIVE OF THE VEHICLE TYPE.
- MAXIMUM TENOR OF THE LEASE WILL BE 60 MONTHS (5 Yrs).
- A REGISTERED VEHICLE SHOULD NOT BE OLDER THAN 10YRS FROM THE YEAR OF MANUFACTURE.
- VEHICLES USED FOR COMMERCIAL PURPOSES WILL NOT BE CONSIDERED UNDER THIS SCHEME
- ALL APPLICATIONS WILL BE SUBJECT TO THE CREDIT COMMITTEE APPROVAL
PLEASE E-MAIL ALL YOUR INQUIRIES TO
OR CALL THE 24/7 HOT LINE
- 0094 777 729130
