Oct 2020

NDB Signs MoU with Havelock City to Provide Special Perks to Customers

News image

NDB recently signed a Memorandum of Understanding (MoU) with Havelock City in a joint promotion capacity in order to provide customers of both institutions the ability to enjoy exclusive benefits.

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

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 7 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 20 million. Customers can also enjoy credit card offers throughout the year for housing and construction products.

Havelock City is a pioneering mixed-use development project built on 18 acres of prime land at the heart of Colombo, consisting of both residential and commercial components. It offers its residents a range of facilities at the largest clubhouse of its kind, including a state-of-the-art gymnasium, pools, and squash courts. The exclusive 7-acre landscape garden at Havelock City is a haven for nature lovers with acres of lush greenery, trees with tropical foliage, a mini golf putting green, unlimited space to walk or jog, and plenty of room for families to enjoy quality time on the green.

The residential apartments of Havelock City are built in phases; while the apartments of Phases 1 and 2 are all completed and sold, there are a few ready to move-in units available in Phase 3 with the Certificate of Conformity (COC) from the Urban Development Authority. Phase 4, also the final phase in the construction of residential blocks, is expected to be completed by February 2021, allowing extended payment plans for buyers.

The development is the brainchild of Mr. S P Tao, Chairman of Overseas Realty (Ceylon) PLC-a BOI approved flagship status quoted company- which is also the developer and owner of the iconic World Trade Center, Colombo.

The Bank, which is the 4th largest listed bank in Sri Lanka, is one of the fastest growing banks, having had a cumulative average growth rate (CAGR) in advances by 21% and in deposits by 25% in the last four years. The only financial service conglomerate in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan capital market provide its customers seamless access to the product and service offerings of all its group companies.