DFCC Bank signs Memorandum of Understanding with JAT Living to offer exclusive mortgage solutions – Financial News


Exchange of MoU between DFCC Retail Bank Senior Vice President and SME Aasiri Iddamalgoda and JAT Holdings Non-Executive Director Anika Williamson

DFCC Bank, Sri Lanka’s premier commercial bank, has announced that it has signed a Memorandum of Understanding with JAT Living to offer an exclusive home loan program to clients purchasing properties in ‘146 Residencies’, an enchanting residential area in Thalawathugoda, developed and owned by JAT Living.

146 Residencies, located in Thalawathugoda, is the latest development introduced by JAT Living; a super captivating tower with 112 stunning apartments comprising of two, three and four bedroom spaces with three floors of parking and a huge rooftop of up to 8,800 square feet including a zen garden, a walking path, a yoga terrace, a children’s play area, infinity pool with breathtaking views and a fully functional entertainment clubhouse complemented by a bar.

This special offer is valid for all clients who purchase a 146 Residences property, subject to meeting the necessary credit assessment criteria. Customers can take advantage of a four-year grace period and could also access a special structured repayment plan tailored to their needs. In addition to this, DFCC Bank will offer other benefits to clients, offering waivers of early settlement fees and providing credit approval within three business days.

The MoU and the resulting benefits give JAT Living clients a fantastic chance to purchase their future home through DFCC Bank’s most affordable home loan solutions.

DFCC Bank, as a bank for all, attaches paramount importance to efforts to improve housing affordability, as a key necessity on the path to raising living standards and improving the means of sustenance of all its customers. Lack of access to affordable home loan options has proven to be a significant hurdle in recent times, and given the existing issues faced by clients, DFCC Bank’s new exclusive home loan promotion is expected to ease a significant burden. and create value for all stakeholders involved.

Commenting on the importance of the new partnership with JAT Living, Aasiri Iddamalgoda, Senior Vice President of Retail Banking and Small Business, said, “DFCC Bank is proud to partner with JAT Living to deliver the ultimate housing solution. more affordable. The bank’s efforts to ensure a resilient economy will be boosted by the increased accessibility of home loans. The partnership is expected to create great economic and social value within the banking sector and for the public. This is yet another step forward in driving the bank’s long-term strategy to ensure a sustainable and resilient economy that benefits everyone. “


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