John Keells Properties has tied up with Hatton National Bank to offer its exclusive Freedom Mortgages home financing scheme for potential homeowners looking to invest in its much- awaited TRI-ZEN development.
The Freedom Mortgage plan promises customers the financial relief of a two-year interest free period on their mortgage, with the customer only having to pay 20 percent up front.
The bank will fund up to 80 percent of the purchase price and the loan will be offered at attractive interest rates starting from just 7 percent.
Investors are faced with an unprecedented opportunity to purchase a home in the heart of the city through the Freedom Mortgage plan. Once the first 20 percent is paid, the customers do not need to make any further payments for a period of 2 years through this scheme, and the bank can also offer a grace on the capital repayment for up to 5 years. Additionally, the loan process is supported by HNB’S state-of-the art back-end processes to ensure a three-day loan approval period for all applications.
“As one of the largest private sector banks in the country, we have always worked to offer our customers the best possible method to achieve their dreams. This partnership is an ideal opportunity for prospective homeowners looking to invest in a modern living space for their dream home,” HNB Deputy General Manager- Retail and SME Banking Sanjay Wijemanne said.
Slated for completion in 2023, TRIZEN is a joint venture between Indra Traders (Pvt) Ltd. and John Keells Holdings PLC, and promises occupants luxury, smart-home residences in a most enviable location. From its address in Union Place, Colombo 03, the 53-storey residential development houses 891 one, two, and three bedroom apartments, each unit fully equipped with state-of-the-art facilities and conveniences geared towards 21st century connected living. In living amongst a community of likeminded professionals and families, and with easy access to public transport terminals and the city’s best schools, hospitals, and retail arcades, residents will get more than just a taste of the perfect urban lifestyle.
Hatton National Bank is a premier private sector commercial bank operating with 252 branches across Sri Lanka. Recognized as one of Sri Lanka’s largest, most technologically innovative financial institutions, HNB has been awarded both locally and internationally for its efforts towards setting the bar in the digital banking arena. HNB has placed among The Banker’s Top 1000 banks in the world, and is ranked number 3 on the LMD ‘Most Awarded 2019 /20 Hall of Fame Top 50 ranking. Additionally, the bank has also been recognized by the Asian Banker Magazine as ‘The Best Retail Bank in Sri Lanka’ on ten occasions between the years 2007 and 2017, is amongst the ‘Business Today Top 10′ and the ’10 Most Admired Companies’ in Sri Lanka by CIMA and ICCSL, and has been assigned by Fitch Ratings (Lanka) Ltd a national rating of AA- (lka).
Caption: (from Left) John Keells Properties Legal Officer, Kanishka Herat, John Keells Properties Head of Sales, Nadeem Shums, John Keells Properties Chief Financial Officer, Ravi Wijeywantha, John Keells Properties- Sector Head, Nayana Mawilmada with HNB Deputy General Manager- Retail & SME Banking, Sanjay Wijemanne, HNB Head of Personal Financial Services, Kanchana Karunagama and HNB Assistant Manager, Housing and Personal Loans, Sampath Dodanwela