HNB PLC, Sri Lanka's leading private sector bank, recently entered a strategic partnership with Micro Cars Limited to offer unparalleled benefits and exclusive offers to customers intending to purchase vehicles from Micro Cars.

Under this partnership, customers purchasing PROTON SAGA, SAIC ALMAZA and TIGGO4 PRO vehicles from Micro Cars will enjoy a range of benefits and incentives. HNB Assistant General Manager – PFS, Kanchana Karunagama and Micro Cars Chairman/CEO Lawrence Perera were present at the signing of the MoU at Micro Cars – Factory – Polgahawela.

"In today's economic landscape, tailor-made solutions are necessary for effectively addressing our diverse needs. To that end, we partnered with Micro Cars, a leading automobile company in the nation, to ensure that we deliver customised solutions that truly meet our customers' requirements. Our commitment to customers is at the core of everything we do, and we strive to provide unparalleled service and support," said HNB Assistant General Manager – PFS, Kanchana Karunagama.

Micro Cars offers complimentary registration for its Saga and Almaz models, along with three free labour services for all selected vehicles. Furthermore, Micro Cars provides impressive car warranty coverage, including three years or 100,000 km for Almaz , five years or 150,000 km for Saga vehicles and one million KM or 10 Years Engine warranty / 5 Years or 120,000km Vehicle warrenty for Tiggo4 Pro.

In addition to these offerings from Micro Cars, HNB is extending its own set of exclusive benefits to customers. HNB is offering an interest rate reduction of 0.50% from the prevailing circular rate for standard lease facilities, along with competitive rates for structured and residual lease facilities. Customers opting for leases on SAIC ALMAZ, Proton SAGA, and TIGGO4 Pro 5-seater SUVs can benefit from a 30% residual value for up to 3 years.

Moreover, HNB provides value-added benefits such as the Prestige Prime Credit Card, which is waived at the first year's annual fee. Customers can also avail themselves of attractive discounted vehicle insurance premiums from HNB General Insurance, along with a free life insurance cover worth Rs 4.5 million. Additionally, in the unfortunate event of the insured's demise due to natural causes, HNB Assurance provides Natural Death Insurance cover up to Rs. 600,000.

"We are dedicated to revolutionising the automotive industry by offering top-notch vehicles to the public. Teaming up with HNB was a natural choice, given their reputation for excellence in financial services. We look forward to a continued partnership with HNB to provide our customers with the finest payment solutions for their vehicle purchases," stated Micro Cars Chairman/CEO, Lawrence Perera.

With 256 customer centres, HNB is one of Sri Lanka's largest, most technologically innovative private banks. In addition to being among the Top 10 Best Corporate Citizens at their 14th time being honoured by the CCC BCCSA, HNB was also ranked Best Retail Bank in Sri Lanka for the 14th year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024. They were also recognized with Best Service in Trade Finance (Asia Banks), Market Leader in Trade Finance (Asia Banks), and Best SME Bank at Asiamoney Awards 2023.

Furthermore, the Bank solidified its reputation in the sector by securing four prestigious awards at the renowned Euromoney Awards for Excellence in 2024, including being crowned as Best Market Leader in Trade Financial Services and receiving Best Service in Trade Financial Services in both Overall and Domestic categories.

Image Caption : HNB Assistant General Manager-PFS, Kanchana Karunagama (fourth from left, exchanging MOU with Micro Cars Chairman / CEO, Dr. Lawrence Perera (fifth from left), in the presence of (from left) HNB Assistant Manager - Business Development – Leasing, Mahesh Rathnayake, HNB Assistant Manager – Leasing, Roshan De Silva, HNB Head of Leasing, Susith Perera, Micro Cars Group Director, Asela Lihinikaduwa, Micro Cars Group Chief Financial Officer, Janaka Herath, Micro Cars General Manager, Prashan Perera, and Micro Cars Head of Sales & Marketing, Jacob Nishanthan