MBSL launches ‘Rajaya Abhiman’ and ‘Salute’ special loan schemes for Govt. servants and armed forces

Wednesday, 20 January 2021 00:00 -     - {{hitsCtrl.values.hits}}

The Merchant Bank of Sri Lanka and Finance PLC (MBSL) has newly introduced loan facilities and leasing facilities with special features and bundled benefits for Government servants and members of the Tri-Forces. These special loan schemes are focused towards fulfilling short-term financial needs of the said consumers. 

These loan products include special repayment plans that have greater flexibility to the customers. MBSL also offers special discounts up to Rs. 300,000 to Government servants and members of the Tri-Forces when they purchase blocks of land for housing needs from MBSL real estate projects. Currently such projects are underway in Negombo, Madampelle and Marawila. 

The rewards do not end there; customers who obtain these special credit facilities receive even more benefits. 

These loan facilities will be processed within one day with a simple of paper work, 100% free of all documentary charges. The instalment value and time period will be determined proportional to the income status of the customers seeking the facility. 

MBSL which was established in year 1982 became a public company registered in the Colombo Stock Exchange in year 1991. Contemporarily it has become a pioneering financial institution in the field of investments and corporate financial services sector in Sri Lanka which rewards its customers with excellent leasing facilities, credit facilities for SMEs (Small and Medium Size Enterprises), credit facilities for commercial entities, corporate advisory services, stock market related services, fixed deposit, savings accounts, children’s savings accounts, property sales and also gold loan services; with outstanding proficiency. 

The major shareholder of the MBSL with the ownership of shares amounting to 74% of the total shares is the Bank of Ceylon, which is the number one bank in Sri Lanka. 

The branch network of MBSL comprises of 49 island-wide, inclusive of the Head Office located in the BOC Merchant Tower in Colombo 03.