Exchange of MoU between DFCC Bank Senior Vice President Retail Banking and SME Aasiri Iddamalgoda and JAT Holdings Non-Executive Director Anika Williamson 

DFCC Bank, the premier commercial bank in Sri Lanka, announced the signing of a memorandum of understanding (MoU) with JAT Living to offer an exclusive home loan scheme to customers that purchase properties at ‘146 Residencies’, an enchanting residential neighbourhood in Thalawathugoda, developed and owned by JAT Living.

146 Residencies, located in Thalawathugoda, is the latest development introduced by JAT Living; a captivating super tower complete with 112 stunning apartments that includes two, three and four bedroom spaces with three floors of parking and a vast rooftop ranging up to 8,800 square footage comprising of a bliss-inducing Zen garden, walking path, yoga deck, children’s playground, infinity pool with breathtaking views and a fully functioning entertainment clubhouse completed with a bar. 

This special offer is valid for all customers who purchase property from 146 Residencies, subject to meeting the necessary credit evaluation criteria. Customers can enjoy a grace period of four years and would also be able to access a special structured repayment plan to suit their requirement. On top of this, DFCC Bank will extend further benefits to customers, from affording early settlement fee waivers and providing credit approval within three working days. 

The MoU and proceeding benefits provide JAT Living customers with a fantastic chance to purchase their future homes through the most affordable Home Loan solutions from DFCC Bank.

DFCC Bank, as the Bank for Everyone, strongly places paramount importance on efforts to enhance the affordability of housing, as a key necessity on the path towards uplifting the standard of living and enhancing the livelihoods of all its customers. The lack of access to affordable home loan options has proved to be a significant hurdle in recent times and having noted the existing issues faced by customers, DFCC Bank’s new exclusive home loan promotion stands to ease a significant burden and create value for all stakeholders involved. 

Commenting on the importance of the new partnership with JAT Living, Senior Vice President Retail Banking and SME Aasiri Iddamalgoda said, “DFCC Bank is proud to partner with JAT Living to offer a most affordable housing solution. The bank’s efforts towards securing a resilient economy will be boosted by the greater affordability of home loans. The partnership stands to create a large amount of economic and social value within the banking industry and for the public. It is yet another step forward in driving the bank’s long-term strategy to secure a sustainable, resilient economy that benefits all.”