Vehicle Loans

A Vehicle loan can be obtained from a Bank subject to an individual’s borrowing limits, based on the eligibility and credit rating. The loan can be repaid over monthly installments up to 6 years with fixed and variable interest. Vehicle Loan allows an individual to purchase a brand new, registered or even unregistered motor vehicle. The Vehicle is mortgaged to the lender as a security until the loan is fully settled.


Bank Selection
Lease
Indicative Rate (P.A) Tenure Max. Loan
8.75% to 10.00% Up to 7 Years Contact Bank

Features
Financing up to 70% of the value of the asset | Rentals to suit your purse
Tailor made to meet your pattern of income | Expert guidance from professionals
You will receive the best Lease rentals and flexible payment options
We will tailor make our lease packages to suit your need | Hassle free documentation and quick approvals
You will also receive expert guidance from professionals regarding your facility and special insurance packages
Auto Loan Scheme
Indicative Rate (P.A) Tenure Max. Loan
10.00% to 11.50% Up to 7 Years Contact Bank

Features
We understand your need to add the convenience of a vehicle to your life
We offer flexible and easy terms
Competitive interest rates to suit your repayment capacity
SDB Leasing
Indicative Rate (P.A) Tenure Max. Loan
11.50% and Above Contact Bank Contact Bank

Features
Customized leasing packages to suit individual requirements with flexible repayment schemes at competitive rates
Attractive discounts on premature settlements
Easy accessibility to leasing facilities through island-wide branch network
Leasing facilities available for private and commercial vehicles
Nations Professional Lease
Indicative Rate (P.A) Tenure Max. Loan
10.00% Up to 5 Years Refer Bank

Features
Attractive rate for registered & unregistered Cars, Vans, SUVs & Double Cabs
Lump sum payments of up to 30% as the last rental allowing you to purchase a higher value vehicle
No guarantors required and Special discount on insurance
Special benefits on early settlement
Super Leasing
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank Up to 7 Years Contact Bank

Features
Lower monthly rental than regular leases | Upgrade your vehicle at any time | Low Interest rates
You will receive the best Lease rentals and flexible payment options
We will tailor make our lease packages to suite your need
Hassle free documentation and quick approvals
You will also receive expert guidance from professionals regarding your facility and special insurance packages
Seylan Vehicle Loan
Indicative Rate (P.A) Tenure Max. Loan
13.75% to 15.75% Up to 7 Years LKR 20,000,000

Features
Stamp Duty Absorbed by the bank
Low fixed interest rates.
Repayment up to 07 years.
Door step service.
Loan facilities starting from 1 Mio to 20 million.
No Irregularities in CRIB
Leasing
Indicative Rate (P.A) Tenure Max. Loan
9.00% to 12.25% Up to 7 Years Contact Bank

Features
Types of vehicles such as Unregistered / Registered motor cars, SUVs, vans, commercial vehicles, buses, three-wheelers, single cabs, light trucks, land vehicles & motor bicycles etc.
Guaranteed personalized service | Professional leasing advice from an experienced team
Flexible repayment plans structured to suit individual needs.
Zero down payments (Conditions apply)
Minimum documentation | Service at your door step
Attractive rate of interest coupled with a speedy service
Easy access through island-wide branch network
Vehicle Financing
Indicative Rate (P.A) Tenure Max. Loan
Refer Bank Up to 7 Years Refer Bank

Features
Competitive pricing | Financing up to 7 years*.
Approval within 3-24 hours | No late payment charges.
No hidden charges throughout the facility. | Can apply jointly with spouse.
Pan Asia Bank Leasing
Indicative Rate (P.A) Tenure Max. Loan
9.00% to 11.00% Up to 5 Years Refer Bank

Features
Facilities to purchase brand new, reconditioned or even registered vehicles for your personal or business requirements
Re finance your existing vehicles to meet your personal financial needs or for working capital requirements
Facilities to purchase machinery / equipment to grow your business
Lowest rates in the market | Service accessibility through our island wide branch network.
Vehicle upgrade option | Flexibility on personal guarantor requirements
Expertise in Leasing to advise and offer you the best possible solution.
Hassle free, fast and courteous service | Flexible repayment options
Network of lowest insurance premiums available in-house
NDB Riya Abhiman
Indicative Rate (P.A) Tenure Max. Loan
9.75% to 10.75% Up to 7 Years Contact Bank

Features
No Guarantors
No Down Payments
One Day leasing
Door Step Service
Leasing up to 07 years
Easy Payment Plan For Insurance.
Easy Payment Plan For Insurance through a NDB credit card, with an attractive payment plan for up to 07 years.
Vehicle Loans
Indicative Rate (P.A) Tenure Max. Loan
10.00% to 11.00% Up to 7 Years LKR 20,000,000

Features
We grant Loans for up to 7 Years. | We bring you attractive Interest Rates.
We are ready to grant you Loan amounts from a minimum of Rs. 500,000 up to a maximum of 20,000,000.
We bring you attractive Interest Rates.
Auto Loan
Indicative Rate (P.A) Tenure Max. Loan
12.50% Up to 7 Years LKR 15,000,000

Features
The bank will finance a minimum amount of LKR 500,000 -, and a maximum amount LKR 15.0 Million
SMIB will finance only - Cars, SUV’s,Van,Lorry, bus and Jeeps
Vehicles financed can be brand new, unregistered or registered, provided the vehicle is not older than 10 yrs from date of manufacture at the time of obtaining the loan.
Exceptions being, Indian (Maruti/ Tata) and Chinese – Brand new only
Exceptions being, Korean / other Asian – Brand new and reconditioned (unregistered) only
Sampath Leasing
Indicative Rate (P.A) Tenure Max. Loan
8.75% to 12.50% Up to 7 Years Contact Bank

Features
Financing up to 70%
Quick, flexible and hassle-free service.
Flexible repayment plans to suit your budget.
Added convenience, with initial arrangements made over the phone and easy access via our islandwide branch network.
Monthly rentals are fixed. Hence, no fluctuations in rentals, unless there are changes in statutory charges applicable.
Leasing
Indicative Rate (P.A) Tenure Max. Loan
9.50% to 13.50% Up to 7 Years Contact Bank

Features
Select vehicles of your choice | Attractive lower rental
No hidden charges | Facilities can be obtained jointly
Other Income also considered | Speedy approving system
Flexi Rentals (Rental amount can be scheduled according to your needs)
More concessions for early settlement
HNB Leasing
Indicative Rate (P.A) Tenure Max. Loan
8.50% to 10.50% Up to 7 Years Refer Bank

Features
You can enjoy all prices and rentals exclusive of VAT
Own a free life insurance cover of LKR 4.5 Mn
A free credit card
Get “zero” interest easy payment for all your insurance premiums
Get tailor made lease rentals to suit your taste