Seylan Bank, the Bank with a Heart, announced an exclusive partnership with Allianz Lanka, Sri Lanka’s premier insurance provider, offering a host of benefits on motor insurance premium payments. 

Seylan credit cardholders will be able to avail a flat discount of 18 percent on insurance premiums payments for cars and up to 20 percent savings on insurance premium payments for all other vehicles at Allianz Lanka. They can also convert these transactions into 12-month instalment plans at zero percent interest.

These exclusive discounted premiums are offered to Seylan credit cardholders purchasing new motor insurance policies from Allianz Lanka. Seylan credit card transactions above Rs.15,000 at Allianz Motor Insurance are eligible to be converted into zero percent instalment plans until the end of August 2021, through this scheme, with a maximum transaction value of Rs.500,000 per annum.

“As the Bank with a Heart, Seylan is ready to provide the best services for our customers. This partnership will enable customers to receive a host of value-added services through one of the leading motor insurance providers in the country. Particularly, given the flat rate on their discounted premiums, the exclusive partnership will deliver unique value to our cardholders. With the current situation within the country, we believe that it is vital to provide customers with schemes that are going to reduce their financial burdens. We encourage customers to sign on to the service and reap these remarkable benefits,” said Seylan Bank PLC Chief Operating Officer Ramesh Jayasekara.

“Due to the prevailing global health and economic crisis, consumers are being very mindful about their spending. At Allianz, we have been working hard to secure people’s lives and give them courage and confidence to face what’s ahead. We believe our partnership with Seylan Bank will enable us to support them during these trying times. We invite Seylan credit cardholders to avail the discounts on offer and experience the benefits and privileges that come with our world-class motor insurance solutions,” said Allianz Insurance Lanka Limited Chief Executive Officer Gany Subramaniam.

This unique offer is an expansion to the value additions that are currently being provided for Seylan credit cardholders. Seylan Bank encourages all customers to reap the benefits of these offers by the essential card and continue to carry out their day-to-day essential purchases safely and more conveniently from the comfort of their home. Seylan cardholders can visit www.seylan.lk or call the bank to speak to a Seylan representative to convert their payments into instalment plans under this scheme.