Seylan with Hayleys Solar enables easy payment plans for solar energy

In its bid to ensure that customers always receive convenient products and services that will enable and better their lives, Seylan Bank entered into a partnership with Hayleys Solar to provide Seylan credit card holders with easy payment plans (EPP) to purchase solar units. 

With the current energy crisis across the country and the resulting escalating electricity costs, switching to solar power has become the most sustainable option. However, the high initial cost of installing the panels has limited people from using this alternative. With Seylan Bank’s partnership with Hayleys Solar, the option of transferring to solar energy becomes accessible and affordable to the public. 

The easy payment plan for Seylan cards offers zero percent instalment options from three months through six, 12 and 24 months for a minimum transaction of Rs.10,000 and a maximum of Rs.1 million. Customers are able to convert to the easy payment plan within seven working days through calling the hotline on 0112008888.

Speaking of the partnership Seylan Bank Head of Cards Ruchith Liyanage said, “Seylan Cards, as the ‘essential card for essential needs’, has always looked at supporting the essential financial requirements of our customers. We continuously try to identify aspects where we can provide them with convenient solutions. Especially during these trying times, Seylan Cards has been offering a variety of products and services to ease the financial burden on our customers. Moreover, from a sustainability perspective, this will encourage more people to switch to renewable energy, which will reduce our carbon footprint and expenditure on fossil fuel. As a responsible corporate entity, it is our duty to make these sustainable energy sources accessible to as many Sri Lankans as possible, which could provide a long-term solution to the prevailing energy crisis.”

The partnership between Seylan Bank and Hayleys Solar, the renewable energy arm of Fentons Ltd, which are both leaders in their respective industries, ensures the validity of the venture. Hayleys Solar is primarily focused on renewables and energy storage systems. With over a decade of market excellence, the company has successfully completed over 75MW of solar installations islandwide, making it the undisputed leader in engineering, procurement and construction (EPC) in Sri Lanka. Energynet, a solution provided by Hayleys Solar, offers a wide range of off-grid, hybrid and battery backup systems. 

Fentons Ltd Managing Director Hasith Prematillake said, “As challenging circumstances continue to prevail, it is imperative that we find ways to collaborate to foster practical, alternate renewable energy solutions. As a responsible organisation with a focus on offering efficient energy solutions, we have introduced Energynet to assist consumers in sustaining their lives, operations and productivity. This solution enables solar energy to be utilised even during a power outage and this gives a solution for night-time power cuts as well, due to the energy stored in the battery. We are happy to partner leading banking and financial institutions for easy payment and credit card schemes to support our customers during these challenging times.”

Hayleys Solar Director/Chief Executive Officer Roshane Perera said, “We strive to develop solutions capable of meeting the nation’s evolving energy requirements. Energynet is one of those ideal solutions for the present power cuts and non-availability of fuel, as it allows the consumers to power up key appliances required to continue their daily lives in a convenient manner. We are excited to be able to provide these solutions to help combat the power crisis and we hope to introduce even more innovative solutions in the future.”