HNB and Home Lands group unveil enhanced home loan solution

Tuesday, 29 July 2025 01:16 - - {{hitsCtrl.values.hits}}

Representatives from HNB and Home Lands Group including HNB MD/CEO Damith Pallewatte, COO Sanjay Wijemanne, and Head of Retail Banking Kanchana Karunagama, alongside Home Lands Group Chairman Nalin Herath, Directress Harshani Herath, Group Director – Operation and Administration Lanka Jayasinghe joined by other members of the HNB and Home Lands Group teams

HNB PLC, Sri Lanka’s leading private sector retail bank, has further strengthened its partnership with Home Lands Group, Sri Lanka’s number one and most trusted real estate provider, to offer an enhanced suite of home loan facilities to aspiring homeowners. The new agreement, which was formalised on 20 June 2025, introduces exclusive financing features designed to improve accessibility and support homebuyers at every stage of their journey.

Under this partnership, eligible customers purchasing residential properties from Home Lands will now benefit from innovative financing options making homeownership more accessible than ever before. Additionally, customers will be entitled to an extra 20% loan facility for household items and air conditioners, provided with documented proof at the time of handover, ensuring that homes are not only purchased but fully equipped for comfortable living.

Commenting on the initiative, HNB Managing Director / Chief Executive Officer Damith Pallewatte said: “We continue to evolve our home financing solutions in line with customer aspirations and market dynamics. With full financing and additional support for household essentials, this offering provides greater flexibility and convenience for homebuyers. Our renewed partnership with Home Lands Group reflects our shared vision of making homeownership a reality for more Sri Lankans.”

Home Lands Group Chairman Nalin Herath added: “We are pleased to further strengthen our valued partnership with HNB, a trusted leader in Sri Lanka’s housing finance sector. This enhanced home loan solution marks a meaningful step in empowering Sri Lankans, both here and abroad, to transition from searching for a home to owning one with greater confidence and ease. As we continue to deliver high-quality residential developments, this collaboration ensures our customers have access to the most flexible and supportive financing options available.”

The MoU signing underscores HNB’s ongoing commitment to delivering innovative, customer-centric home financing solutions. By offering competitive interest rates, extended repayment periods, and value-added loan facilities, HNB continues to play a pivotal role in shaping Sri Lanka’s housing landscape.