Pan Asia Bank and Odiliya partner to revolutionise real estate financing

From left: Pan Asia Bank Manager Legal Iroshini Kannangara, Manager Branch Credit Mohamed Rizan Rahim, Chief Manager Bancassurance, Remittances and Housing Loans Yohan Ebell, AGM Retail Credit Shiyan Perera, DGM Credit Gayanath De Silva, Director/CEO Naleen Edirisinghe, Odiliya Founder – Chairman/Managing Director Rohitha Abeyagunaratne, Director Dr. Piyavi Wijewardane, GM Finance Shenal Perera, AGM Sales Dinesh Liyanage, Pan Asia Bank Wattala Branch Manager Saman Fernando, Pan Asia Bank Manager Housing Loans and FES Niranjala Molligoda and Pan Asia Bank Head of Marketing  Sirimevan Senevirathne  

Pan Asia Bank has signed a memorandum of understanding (MoU) with Odiliya, a prominent name in real estate and property development. 

This strategic partnership was designed to redefine real estate financing in Sri Lanka by offering customers innovative and flexible financing solutions for property investments.

A standout feature of this partnership is the value proposition tied to Odiliya Group’s latest housing project in Kadawatha. Customers can secure their dream homes with a 25 percent down payment and benefit from a one-year grace period during which no payments are required. This unique offering provides homebuyers with the opportunity to not make any payments till they move into their new homes, making the dream of homeownership more attainable.  

In addition to this exciting project in Kadawatha, Odiliya has several other developments across the country offering similarly attractive financing options through Pan Asia Housing loans, further expanding opportunities for prospective homeowners. In addition to flexible financing, Pan Asia Bank and Odiliya Group are dedicated to enhancing the customer experience by optimising the documentation process. By implementing user-friendly systems and reducing bureaucratic hurdles, both parties aim to simplify the paperwork associated with loan approvals and property transactions.
Pan Asia Bank Chief Manager Housing Loans and Bancassurance Yohan Ebell remarked, “Our partnership with Odiliya Group allows us to provide customised financial solutions that cater to the evolving needs of our customers. By offering flexible terms and simplifying the home-buying process, we are committed to making homeownership a reality for more Sri Lankans.”

Odiliya Founder – Chairman/Managing Director Janath Abeyagunratne added, “We are thrilled to collaborate with Pan Asia Bank to offer our customers financing options that truly meet their needs. Our latest project in Kadawatha, along with many more similar projects, is designed to ease the financial commitment of purchasing a home and with Pan Asia Bank as our partner, we are confident that more people will be able to realise their aspirations of owning a quality property.”