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Auto Draft

Vallibel Auto Draft is simply a substitute for bank overdrafts.

Traditionally, bank overdrafts are offered against collateral such as property and fixed deposits as security.

The uniqueness of Vallibel Auto Draft is that now a customer can simply afford an overdraft against a motor vehicle as security. A customer only needs to pay monthly interest in the same way as of a bank overdraft. Capital repayment is collected at the end of the period agreed upon with the borrower at the time of the disbursement of the facility.

Vallibel Finance OD can go up to Rupees 10 million in value and it can be obtained through any Vallibel Finance branch within just a few hours.

Features

  • Available for all types of vehicles
  • Pay back like an OD
  • Pay the monthly interest only
  • Maximum facility up to 50 million rupees

Call us for more details

(+94) 11 4 393 100 | (+94) 71 8 652 338



Date of incorporation: 5th September 1974 Licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011 |
Reg.No : PB 526/PQ | Credit Rating : BBB Stable Outlook by ICRA

© for Vallibel Finance by: 230 interactive