📈 Union Bank Launches Record Pension Loan & Empowers Retirees

Union Bank hosted Union Bank Pensioners’ Day at its Head Office, introducing dedicated financial, healthcare, and lifestyle support to promote independent retirement under the theme "Make your retirement a strength, not a burden." • Financial Products: Launched Sri Lanka’s most competitive pension loan, offering up to Rs. 8 million at the lowest market interest rates. • Value-Added Benefits: Includes Rs. 30,000 worth of free PickMe rides annually for Government Pensioners. • Healthcare & Partnerships: Partnered with Nawaloka Hospitals, Vision Care, Lifeserv, and BYD JKCC Sri Lanka to deliver health screenings, medical benefits, and lifestyle services. • Regulatory Endorsement: Pensions Department Director General Chaminda Hettiarachchi noted this as the first private bank initiative dedicated to pensioner empowerment, leveraging government flexibility that allows retirees to select their preferred lending institution.