Vehicle Loans / Leasing
Leasing
Union Bank of Colombo PLC
Vehicle Loan Information
Vehicle Loans / Leasing
Privet Banking
General
Interest Rate (P.A) : Up to 16.50%
Loan Tenure : Up to 7 Years
Maximum Loan Amount : Contact Bank
Rates and terms last verified on 1 July 2026.
Features
- Customized leasing solutions for personal or business purposes
- Registered/ Unregistered (Brand New & Recondition) Vehicles
- Low Monthly Rentals / Fast approval
- Pay up to 7 years / Up to 90% of the value of the vehicle
Eligibility
- Age limit 18-55 years.
- Salaried and self-employed
- A citizen of Sri Lanka holding a valid National Identity Card.
Documents Needed
- Invoice or quotation from supplier/ vendor.
- Valuation report for used or re conditioned vehicles.
- Documents detailing income or other resources to establish repayment ability.
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