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Seylan empowers ‘Cycle to Work’ movement with 0% Easy Payment Plans

Colombo, 7 August 2022: Standing as a reflection of its commitment to swiftly adapt to the changing requirements of its valued clientele, Seylan Bank, the Bank with a Heart, has partnered with several of the nation’s leading bicycle suppliers to offer easy payment plans to its Seylan Credit Card Holders.

Addressing the need of the hour, the agile financial institution was quick to analyse the skyrocketing demand for bicycles, as Sri Lanka braves through the current unprecedented crisis. Along with the rise in demand, the cost of acquiring a bicycle has also increased drastically, making it a challenge for consumers to make these essential purchases.

Seylan Credit Card Holders may walk into any Tomahawk or Velo By City stores to make their purchases. For Cardholders who would prefer to shop online for spare parts and bike accessories, the Bank has partnered with E-commerce giant Daraz. In order to cater to customers who require electric bicycles, Seylan Bank has also partnered with Fono Technologies.

Cardholders may perform purchases from any of these vendors and avail 0% installment options for a 12 month period as a Call and Convert option by calling 0112008888 within 7 working days after the transaction. Transaction limits have been set at a minimum of Rs. 10,000 and maximum of Rs. 1 million.

Speaking on this offer Ruchith Liyanage, Head of Cards at Seylan Bank said, “We at Seylan Bank believe in enabling our Cardholders to make the best out of the current situation by giving them the opportunity to purchase these bicycles without causing much financial burden during these trying times. As a responsible corporate entity, we will continue to do our part for our community as Sri Lanka stands resilient through these trying times,”

While the 0% instalments will certainly provide financial relief to Cardholders, as they procure what can be classified as an essential part of daily routines. Seylan Bank is hopeful that more customers will use this incentive to purchase bicycles, therefore creating a healthier society and cleaner environment in the process. As an investment in the long run, Cardholders will also be able to reap the benefits of saving on high fuel costs, all while enriching their health with an active lifestyle.