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HNB and UNIMO forge strategic partnership to revolutionize vehicle financing

27 Jun 2024 - {{hitsCtrl.values.hits}}      

HNB DGM – Retail Banking, Kanchana Karunagama (fourth from left) and United Motors DGM – Marketing Shalain De Silva (fifth from left) exchanging the MoU in the presence of (from left): HNB Product Manager – Leasing, Mahesh Ratnayake, HNB Assistant Manager – Leasing, Roshan De Silva, HNB Head of Leasing, Udara Pathinayaka, United Motors AGM Nilantha Nanayakkara, United Motors AGM (Marketing) Laurance Emmanuel, and UNIMO Brand Manager Pramith Ranathunga


HNB PLC recently announced their partnership with UNIMO, the automotive arm of United Motors, to provide affordable financing options and exclusive perks for customers looking to purchase vehicles. 

The partnership offers customers looking to invest in automobiles with exclusive interest rates anchored to numerous benefits from both organisations. HNB Head of Retail Banking, Kanchana Karunagama, and UNIMO General Manager Shalain De Silva were present at a special ceremony held to sign the agreement. 

Commenting on the partnership, HNB Head of Retail Banking, Kanchana Karunagama said, “At HNB, we are committed to empowering our customers with innovative and affordable financing solutions. Our partnership with UNIMO further strengthens our ability to provide our mutual customers with unmatched benefits and incentives when purchasing vehicles. We hope many will make use of this unique opportunity to invest in a vehicle. “

Under this partnership, HNB will offer a range of attractive financing options to meet the diverse need of its extensive customer base. The bank will provide the prevailing interest rate for structured leases and leases with residuals up to 5 years, without any additional interest charges. 

Customers will also have access to exclusive card offers and special discounts on automobile products, servicing, spare parts, tyres, batteries and more through the Prestige Prime credit card provided to customers making use of the promotion. Furthermore, HNB General Insurance offers a free life insurance cover valued at Rs.4.5 million and a natural death insurance cover of Rs. 600,000.