Sunday, August 30, 2020

Seylan Bank partners Ideal Motors to facilitate leasing solutions

SMG, Product & Channel Development Seylan Bank, A H M Aziz, Dilum Amarasinghe Head of Leasing Seylan Bank, Ramesh Jayasekara Senior Deputy General Manager Seylan Bank, Kapila Ariyaratne Director, and Chief Executive Officer Seylan Bank, Nalin Welgama Chairman Ideal Group, Chaminda Wanigaratne Director Automotive Ideal Motors, Nimisha Welgama Director Legal and Corporate Affairs Ideal Group, Dilshan Tennakoon Head of Sales Ideal Motors

Seylan Bank partnered Ideal Motors, a fully owned subsidiary of the Ideal Group and the sole Authorized distributor for Mahindra Motor vehicles and motorcycles in Sri Lanka, to provide convenient leasing solutions for consumers looking to purchase Mahindra motor vehicles.

Through this partnership, eligible customers who wish to purchase any Mahindra vehicles including motors cars, light trucks, heavy commercial vehicles, and passenger vehicles through Seylan Leasing will receive special interest rates and free vehicle registration, warranty of up to 1 year or 50,000 kilometers, special purchase discounts, special insurance premiums through selected insurance partners, 20% on Apollo tires and a pre-approved Seylan Credit card.

Apart from the above-mentioned benefits, Team Seylan is ready to provide customized leasing structures to suit the consumer’s spending capacity with minimum documentation. Seylan customers now have the opportunity to pay a higher rental or bulk payment during months of higher income and a lesser or regular rental during months of average income.

These options are uniquely structured to help SMEs and consumers looking for opportunities to step forward as fresh entrepreneurs, as the nation slowly but steadily returns to normalcy.

Seylan Bank operates with a vision to offer the ultimate banking experience to its valued customers through cutting-edge technology, innovative products, and best-in-class services. Ideal Group initially began operations in Sri Lanka in the Light truck segment and later expanded its range to personal vehicle segment with Mahindra KUV 100 being assembled and rolled out in Sri Lanka.

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