Seylan Bank partners with Ideal Motors to facilitate convenient leasing solutions

Seylan Bank partnered with 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 kilometres, special purchase discounts ranging from Rs. 10,000 to Rs. 50,000, special insurance premiums through selected insurance partners, 20% on Apollo tyres 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. 

 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. Poised with an unmatched after-sales service and industry-leading expertise, Ideal Group specializes in the assembly, import and distribution of motor vehicles, automotive after-sales services, import and distribution of multi-brand spare parts, finance and real estate services through its finance arm, Ideal Finance, logistics and many more services.