HNB: Sri Lanka’s Leading Leasing Provider

HNB PLC holds no.1 position having the highest leasing volumes and customer numbers among all private commercial banks in Sri Lanka, a position built on delivering flexible financing solutions across every customer segment and vehicle and machinery category. With more than 25 dealer partnerships spanning new and reconditioned vehicles, machinery, tractors, and agricultural equipment, the Bank serves retail customers, SMEs, microfinance borrowers, corporates, and farmers through a nationwide branch network and strong dealer relationships.

The Bank finances all vehicle types including brand new, unregistered and registered vehicles, alongside machinery, tractors, and a wide range of agricultural equipment. This breadth of coverage, combined with payment structures that adapt to how customers actually earn and spend, has made HNB the most trusted leasing partner in Sri Lanka’s banking sector.

Payment Flexibility

HNB’s leasing portfolio is built around two core product innovations that address the real income patterns of Sri Lankan customers rather than forcing everyone into identical monthly installments.

Flexi Payment Plans allow customers to structure their own lease rentals based on their cash flow. Whether you’re managing irregular income, seasonal earnings, or variable business revenue, you decide how much to pay and when, within the lease tenor.

Structured Payment Plans go further by tailoring repayment schedules to specific income cycles. Farmers can align lease payments with harvest seasons, paying when crops are sold rather than struggling with fixed monthly commitments during planting and cultivation phases. This approach has opened leasing access to thousands of agricultural customers who were previously locked out of vehicle and equipment financing due to seasonal income volatility.

Salaried professionals benefit from a different structure: pay only interest for eleven months of the year, then settle the capital portion when the annual bonus is paid. This keeps monthly salary largely intact while still progressing the lease, making vehicle ownership affordable without compromising household cash flow. The Bank also offers Easy Draft facility, a working capital solution that remains unique among banks in Sri Lanka positioning HNB as a leader in short-term liquidity support for vehicle purchases. 

HNB Senior Vice President / Head of Retail Banking, Kanchana Karunagama said: “HNB’s leasing leadership is built on understanding that different customers have different income patterns. Our Flexi Payment Plans and Structured Payment options allow customers to align lease payments with their actual earnings cycles, whether that’s seasonal income, monthly salary with annual bonuses, or variable business revenue. This flexibility, combined with our nationwide branch network and strong dealer partnerships, is what makes HNB the preferred leasing partner across all customer segments.”

Agriculture Focus

HNB allocates a substantial portion of its leasing portfolio to Sri Lanka’s agriculture sector, financing a wide range of agricultural equipment and machinery. This includes tractors, combine harvesters, irrigation systems, threshers, and processing equipment that support farm mechanization and productivity improvement.

By structuring payments around harvest cycles and seasonal income, the bank has enabled thousands of farmers to invest in equipment that increases yields and reduces manual labour dependence. This approach positions HNB as a key enabler of agricultural modernisation and rural economic growth, supporting food security while expanding financial inclusion across rural Sri Lanka.

The Bank’s agriculture leasing portfolio covers smallholder farmers acquiring their first tractor, mid-scale producers upgrading to combine harvesters, and agribusinesses financing processing and storage equipment. Each customer benefits from payment structures designed around agricultural income patterns rather than rigid monthly schedules.

Coverage Across All Sectors

HNB’s leasing offering extends across corporate clients acquiring commercial vehicle fleets, SMEs financing delivery trucks and business vehicles, retail customers purchasing family cars, and microfinance borrowers accessing financing for income-generating vehicles. This inclusivity reflects the Bank’s commitment to serving every tier of the economy with financing solutions that match their specific needs.

HNB Vice President Leasing, Udara Pathinayake said: “Our leasing strength comes from product range and sector reach. We finance everything from brand new vehicles to agricultural machinery, with payment structures that work for farmers during harvest cycles and businesses managing cash flow. That breadth, backed by strong dealer partnerships and processing speed, is why HNB leads the banking sector in leasing volumes.”

Value-Added Services and Sustainability

Beyond competitive leasing rates and flexible payment terms, HNB customers access a full service ecosystem. Discounted insurance is available through HNB Assurance, the Bank’s subsidiary, while credit card benefits integrate with lease facilities to provide additional value. Fast processing through the Bank’s branch network and strong dealer relationships ensure quick approvals and smooth documentation.

HNB’s leasing offering also reflects the Bank’s sustainability commitments. The Bank actively supports electric vehicle adoption through dedicated EV leasing facilities, finances rooftop solar installations for homes and businesses, and sponsors sustainability-focused initiatives across Sri Lanka. These efforts align with broader environmental priorities while enabling customers to make greener choices in transport and energy.

Recognition and Trust

HNB’s leasing leadership has been recognized by Sri Lanka’s most prominent automotive and equipment brands. The Bank has been awarded Best Automobile Financing in the Asia-Pacific Awards 2024 by Asian Banker Global Excellence in Retail Financial Services Awards. Best Financial Provider by Tata Motors, and Ideal Motors, Hayleys Agriculture over multiple years, reflecting the strength of these partnerships and the trust placed in HNB by leading manufacturers. The Bank has also been recognized as the best leasing provider in South Asia, underscoring its regional standing and operational excellence.

As a pioneer in leasing within Sri Lanka’s banking sector, HNB continues to set benchmarks in product innovation, customer service, and inclusive finance. The Bank’s leasing solutions serve every segment of the economy with financing structures that adapt to real income patterns, cementing HNB’s position as the highest-volume leasing provider among banks in the country.