Sri Lanka’s leading private sector bank HNB PLC partnered with renowned property developers The
Flemington to offer prospective homeowners exclusive home loans for the series of Flemington
apartments.
The partnership will offer customers access to exclusive home loans from HNB for luxury
apartments constructed by the developer across key locations in the Colombo district. HNB Head
of Personal Financial Services Kanchana Karunagama and The Flemington Managing Director
Shamitha Ganegoda were at a special ceremony to commemorate the partnership.
“Real estate has always been a great investment given that its value only increases over time. Despite
the ongoing economic crisis, we believe that property, especially those in central locations of
Colombo, is a stable asset in one’s portfolio. As such, we have worked tirelessly to provide our loyal
customer base with this opportunity to invest in a home of their dreams,” HNB AGM – Personal
Financial Services Kanchana Karunagama said.
The bank will offer prospective homeowners flexible repayment options, such as the Step-Up facility,
customised to evolving income patterns and cash flows. Furthermore, customers can sign up for a
25-year repayment period for the facility anchored to fixed and floating interest rates.
Moreover, HNB will offer customers a five-year grace period for the capital payment of their
mortgage, in addition to a seamless loan approval process supported by its state-of-the-art backend
systems.
“Partnerships of this nature offer us the opportunity to provide prospective homeowners access to
our portfolio of properties. As such, we are delighted to be working with HNB during these
turbulent times and look forward to providing our customers with attractive packages and discounts
personalised to their needs,” The Flemington Managing Director Shamitha Ganegoda said.
The partnership will offer customers access to The Flemington luxury apartments, which have
completed construction in Rajagiriya and Colombo 10. Prospective homeowners can also choose
their dream home from The Flemington apartments, which are under construction at Vajira Road
Colombo 4 and Nawala.
HNB AGM – Personal Financial Services Kanchana Karunagama exchanging the
MoU with The Flemington Managing Director Shamitha Ganegoda in the presence of (from left) The
Flemington General Manager- Sales, Lalin Ratnayake, The Flemington Client Relationship Manager,
Bathiya Subasinghe HNB Regional Business Head- Colombo Region, S. Narendiran, HNB Senior
Manager-PFS Asitha Fernando, HNB Bambalapitiya Customer Centre Manager Danushka Rajapaksha
and HNB Assistant Manager- Housing and Personal Loans, Sampath Dodanwela .
