Seylan Partners Allianz Lanka for Unique Offers in Motor Insurance

June 20, 2021 June 20, 2021

-Unique offers on motor insurance premiums for Seylan Credit Cardholders-

Colombo, 2021 – Seylan Bank, the Bank with a Heart, announced an exclusive partnership with Allianz Lanka, Sri Lanka’s premier insurance provider, offering a host of benefits on motor insurance premium payments. Seylan Credit Cardholders will be able to avail a flat discount of 18% on insurance premiums payments for cars, and up to 20% savings on insurance premium payments for all other vehicles at Allianz Lanka. They can also convert these transactions into 12-month instalment plans at 0% interest.

These exclusive discounted premiums are offered to Seylan credit cardholders purchasing new motor insurance policies from Allianz Lanka. Seylan Credit Card transactions above Rs. 15,000 at Allianz Motor Insurance are eligible to be converted into 0% instalment plans until the end of August 2021 through this scheme, with a maximum transaction value of Rs. 500,000 per annum.

“As the Bank with a heart, Seylan is ready to provide the best services for our customers. This partnership will enable customers to receive a host of value-added services through one of the leading motor insurance providers in the country. Particularly given the flat rate on their discounted premiums, the exclusive partnership will deliver unique value to our cardholders. With the current situation within the country, we believe that it is vital to provide customers with schemes that are going to reduce their financial burdens. We encourage customers to sign on to the service and reap these remarkable benefits.” Said Ramesh Jayasekara, Chief Operating Officer, Seylan Bank PLC

Ramesh Jayasekara, Chief Operating Officer, Seylan Bank (left) and Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka (Right)

“Due to the prevailing global health and economic crisis, consumers are being very mindful about their spending. At Allianz, we have been working hard to secure people’s lives and give them courage and confidence to face what’s ahead. We believe our partnership with Seylan Bank will enable us to support them during these trying times. We invite Seylan Credit Cardholders to avail the discounts on offer and experience the benefits and privileges that come with our world-class motor insurance solutions.” said Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka Limited.

This unique offer is an expansion to the value additions that are currently being provided for Seylan Credit Cardholders. Seylan Bank encourages all customers to reap the benefits of these offers by the essential card and continue to carry out their day to day essential purchases safely and more conveniently from the comfort of their home. Seylan Cardholders can visit www.seylan.lk or call 011-2008-888 to speak to a Seylan representative to convert their payments into instalment plans under this scheme.

Seylan Bank, the Bank with a Heart, operates with a vision to offer the ultimate banking experience to its valued customers through cutting-edge technology, innovative products, and best-in-class service. The Bank has a growing clientele of SMEs, Retail and Corporate Customers and has expanded its footprint with 172 branches across the country and an ATM network of 216 units. Seylan Bank has been endorsed as a financially stable organization with performance excellence across the board by Fitch Ratings, with the bank’s national long-term rating revised upward, from ‘A-(lka)’ to ‘A (lka)’. The bank was ranked second among public listed companies for transparency in corporate reporting by Transparency Global. Seylan Bank has also been named the Most Popular Banking Service Provider in Sri Lanka in Customer Experience by LMD consecutively in 2019 and 2020. These achievements are a testament to Seylan Bank’s financial stability and unwavering dedication to ensure excellence across all endeavours.