HNB-Span Engineering renew partnership for premium home loans

HNB Assistant General Manager Personal Financial Services Kanchana Karunagama and Span Engineering Chairman Sivasubramanium Sanjeewan exchange the MoU in the presence of (from left) HNB Mortgage Advisor Gayan Abeysinghe, HNB Manager Home and Personal Loans Sampath Dodanwela, HNB Manager Personal Financial Services Asitha Fernando, Span Engineering Director Siyamala Sanjeewan, Span Engineering Manager Marketing and Business Development Ashani Mahanama, Span Engineering Manager Marketing Baskaradasan Pragashini and Span Engineering Administrative Secretory Roshani Subasinghe

Sri Lanka’s leading private sector bank HNB PLC renewed its exclusive partnership with renowned property developer Span Engineering (Pvt.) Ltd to offer prospective homebuyers special interest rates and exciting benefits for home loans. 
The partnership will offer customers the best rates and customised payment plans to provide prospective homeowners with unique home loans for the purchase of apartments at all new and existing Span projects. 

“The Sri Lankan real estate market has witnessed a resurgence in the past year, driven by the growing trend of urbanisation and economic stability. To address the increasing demand for vertical urban living from domestic and international customers, we are pleased to announce our partnership with Span Engineering. Our collaboration with the well-known real estate giant aims to offer our loyal customers the finest real estate options available in the market, while also bolstering the economy and providing valuable real estate investment opportunities for the nation,” HNB Head of Personal Financial Services Kanchana Karunagama said. 

HNB will offer customers making use of the flexible repayment options, a step-up facility, a grace period and a residual option, ensuring a repayment option, in line with the customer’s increasing income can customise repayment plans to suit their income pattern. 
Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest payment, in addition to a seamless loan approval process supported by its state-of-the-art backend systems.