NDB and Iconic Developments in an exclusive partnership

Monday, 24 August 2020 00:00 -     - {{hitsCtrl.values.hits}}

From left: NDB Sales Manager, Home Loans Danushi Siwrathna, NDB Manager, Legal Nilanthi Dharmadasa, NDB Senior Manager, Consumer Sales Christopher Fleming, NDB Chief Manager, Consumer Sales Sameera Senarath, NDB Assistant Vice President – Personal Financial Solutions and Card Centre Zeyan Hameed, Iconic Developments Country Director Shiraz Dawood, Iconic Developments AGM India office Abhishek Mishra, Iconic Developments Sales Manager Awasha Dawood and NDB Sales Manager, Home Loans Saranga Mendis 

NDB recently signed a Memorandum of Understanding (MoU) with leading infrastructure developer Iconic Developments Ltd. to widen the scope of financing options for prospective homeowners of the latest luxury living space the ‘Iconic Galaxy’ on Buthgamuwa Road, Rajagiriya. 

This partnership between the two corporates will offer prospective buyers special discounts and flexible repayment options, inclusive of special benefits for professionals.

Additionally, NDB customers who wish to purchase from Iconic will have access to special home loan schemes from NDB, complete with flexible repayment options of 20 years up to the retirement age, customised to their income patterns. Additionally, professionals are entitled to a special discount of 5% when purchasing a home at Iconic Galaxy. 

As a means of rewarding individuals who are willing to take up the mantle of a home loan, NDB has stepped forward with NDB Home Loans where the customer can obtain approval for the loan within just seven days with a special and lower interest rate for every individual.

Furthermore, such approval can be obtained at a competitive interest rate, whether you are a job holder, entrepreneur or a 

Sri Lankan employed abroad.

Home loans are usually granted on the approval based on legal aspects as well as the re-paying capacity which would depend on an individual’s salary. With NDB’s hassle free loan approval mechanism, customers will know if the loan amount applied would be viable or not, saving the customer’s time and money further providing them with a valid reason to build their dream home.

Obtaining an NDB Home Loan is hassle free and simple especially because the Bank has cleared many projects from well-known developers for customers to choose. The designated sales team member will attend to the customer’s home loan request and will guide them throughout their loan process until the end. NDB will provide legal aid and technical support in accordance with the customer’s requirements. Customers do not have to go through an insurance process since they will receive a blanket cover for insurance of up to Rs. 20 million. Customers can also enjoy credit card offers throughout the year for housing and construction products.

NDB will promote the internationally-minded and locally inspired apartment complex across its 130 branches scattered across the island. Simultaneously, the Indian luxury apartment builder will train and coordinate with NDB frontline staff to identify and assist customers in search of their dream home.