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Amana Bank people friendly home financing facilitates early settlement with no additional charges

Amana Bank March 28, 2024

Amana Bank, in line with its people friendly banking model, is offering customers a unique home financing solution with zero early settlement charges among many other features, thereby redefining the home financing landscape in Sri Lanka.

Rooted to a customer-centric approach ensuring a hassle-free and people-friendly experience, Amana Bank Home Financing solution caters to a wide array of housing needs, whether it is to purchase bare land for home construction, a completed house or apartment, undertake renovations or extensions, transfer an existing Home Facility to Amana Bank, or refinance costs incurred by customers in purchasing or building a home.

Commenting on the comprehensive home financing solution, Amana Bank's VP Retail Banking & Marketing Siddeeque Akbar stated, "Our Home Financing solution goes beyond just providing financial support; it's about paving the way to turn your homeownership aspirations into a tangible reality. Our people friendly solution is designed to empower our customers with financial flexibility, ensuring individuals and families can embark on their homeownership journey without fear of hidden costs when they even settle early”

Apart from the standout feature of no early settlement fees, customers can benefit with financing up to 20 years with competitive instalment rates and fast approvals facilitating credit approvals as quick as three days. For more information about Amana Bank’s Home Financing Facility, and to design a tailor made financial package and apply conveniently, customers can visit the Bank’s online financing portal available on www.amanabank.lk. Upon entering few simple details of their requirement, customers will be able to choose their preferred financing plan and on submission will receive an e-mail summary including information about a dedicated relationship manager with whom they can stay in contact.For a detailed explanation of Amana Bank’s home financing process and unique features, please watch www.youtube.com/watch?v=U-oT9fsRd_8

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IsDB Group being the principal shareholder of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Banks continued to be recognized amongst the Top 100 Strongest Islamic Bank’s in the World by The Asian Banker.

Amãna Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.

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