Media Center

HNB partners CCC Residences to offer prospective residents unique loan facility – ZiF Investments


From Left: CCC Sales Manager - Sevvanthy Bashkaran, CCC AGM Finance - Amila Niranjana, CCC Senior Manager - Tuan Haniffa, CCC Head of Sales - Suranga Peiris, CCC Director Sales - Hirushka Fernando, CCC CEO - Praveen Methil, HNB Deputy General Manager, Retail & SME Banking Sanjay Wijemanne, HNB Head of Personal Financial Services, Kanchana Karunagama and HNB Assistant Manager – Personal Financial Services, Sampath Dodanwela




Sri Lanka’s most customer-friendly bank HNB PLC becomes the first bank to partner with the Colombo City Centre Residences (CCC) to offer prospective residents of the luxury state-of-the-art apartment complex a unique offer, ZiF (Zero Interest and Fees) for the remaining 38 apartments available for occupancy.

The partnership offers customers the unprecedented opportunity to make a down payment as low as 20% up to 50% and have immediate occupancy while enjoying the financial relief of a two-year interest-free period on their mortgage payment. HNB Deputy General Manager, Retail & SME Banking Sanjay Wijemanne, HNB Head of Personal Financial Services, Kanchana Karunagama and CCC Management were present at the ceremony held to sign the agreement.

“We are delighted to partner with the CCC to offer our loyal customer base this once-in- a-lifetime opportunity to invest in a home of their own, in the heart of Colombo. Given that the demand for apartments is increasing and the markets are set to face and undersupply of apartment stock, we hope prospective residents of the CCC will make use of this opportunity and invest in their dream home,” HNB Head of Personal Financial Services, Kanchana Karunagama said.

HNB will offer customers a five-year grace period for the capital payment of their mortgage, in addition to a seamless loan approval process supported by its state-of- the-art backend systems.
Prospective homeowners can also use the bank’s flexible repayment options, such as the Step-up facility, which offers a repayment option in line with the customers evolving income. Customers can obtain a maximum repayment period of 25 years for the loan facility for an attractive interest payment starting from just 7%.

“We are delighted to be partnering with HNB to offer future residents this unique opportunity to invest in their dream home through ZiF investment scheme. We at CCC believe in need-based solutions than merely selling a product. As more than 70% of the units are sold, we worked towards providing the necessary facilities for future investors to promptly and conveniently move into a luxury apartment with one of the best views in the city in a prime location by just paying a down payment and enjoying zero interest and fees for the next 2 years,” Hirushka Fernando, Director Sales of CCC said.

As per the partnership, CCC will take on the customer’s interest payment for the first two years and waive off the management fee for the period. All residents at the complex will also attain a freehold title to their apartments.

Conveniently located in the heart of Colombo, the Colombo City Centre represents the best of our country with an innovative design inspired by Colombo’s rich cultural heritage and integrated with a progressive Sri Lankan style. The residences at Colombo City Centre feature 192 luxurious, state-of-the-art apartments, while the Mall is one of Sri Lanka’s largest modern shopping destinations, housing the best local and international brands alongside world-class restaurants and entertainment. CCC is looking forward to announcing about the launching of one of the top international brand hotels in the premises with 164 rooms soon.

The CCC mixed development project has been acclaimed internationally for Brand Excellence by Golden Globe Tigers 2017, Most Promising Mixed-Use Development by CMO Asia, Best Mixed-Use Development by Asia Property Awards 2018, Asia’s Greatest Brand by AsiaOne Magazine and Best Luxury Condo Development (Colombo) by Asia Property Awards 2018.

With 252 customer centres across the country, HNB is one of Sri Lanka's largest, most technologically innovative banks having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. The bank further won the Award for the Best Retail Bank in Sri Lanka for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.



minimize refresh