Vehicle leasing rates in Sri Lanka are as per today.
Institution Name | Rental for Rs.100,000/- | Repayment | Rate |
Amana Bank | 7 Years | ~15% | |
Assetline Leasing | 6 Years | ||
Central Finance Leasing | Rs. 2485 | 5 Years | 17% |
Commercial Bank | Rs. 2,250 | 5 Years | 9.50% |
Hatton National Bank | Rs. 2,288 | 7 Years | 10% |
Nations Trust Bank | Rs. 2,319 | 5 Years | 13.85% |
NDB Bank | Rs. 2,379 | 6 Years | 12.50% |
Pan Asia Bank | Rs. 2,485 | 5 Years | 12.50% |
Sampath Bank | Rs. 2327 | 5 Year | 14% |
Seylan Bank | Rs. 2,379 | 5 Years | 15% |
Amana Bank Leasing and Nations Trust Bank offer leasing for registered and unregistered vehicles while others offers only for registered vehicles.
Eligibility
Eligibility could change. However, the common eligibility are as follows:
- Amana Bank: Resident Individuals in Sri Lanka aged 18 years and above with business entities
- Assetline Leasing: N/A
- Central Finance Leasing: Any individual, partnership or limited liability company could obtain a facility subject to the financier's assessment of the applicant's creditworthiness.
- Commercial Bank: Any Individual over the age of 18 years or an organization wanting to acquire an asset, with the capability to repay.
- Hatton National Bank: Permanently employed, executives, top officials in government institutions. Age between 24 - 50 years. Minimum net monthly income Rs 30,000/- or above
- Nations Trust Bank: Person age need to be between 21-55 years, employed in a company that NTB recognizes and earn a minimum basic salary of Rs. 60,000
- NDB Bank: An entrepreneur, a business enterprise, a professional, a salaried employee, self-employed individuals
- Pan Asia Bank: Sri Lankan citizens over 18 years of age who has the repayment capacity and meets the banks credit criteria.
- Sampath Bank: Sri Lankan citizens who have a regular net individual monthly income exceeding Rs. 60,000/-
- Seylan Bank: Sri Lankan citizens who have a regular net individual monthly income exceeding Rs. 60,000/-
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Finance