Representatives of the Senior Management of Commercial Bank and DIMO at the signing of the agreement
The Commercial Bank of Ceylon and Diesel & Motor Engineering PLC (DIMO) have announced a new partnership to promotethe TATA Passenger and Commercial vehicle range.
Valid till end October 2016, the new promotion will offer special discounts, free registration and free insurance on selected vehicle models from TATA, while Commercial Bank will provide competitive rentals at a special interest rate and expedited processing of lease agreements through its extensive branch network.
A comprehensive range of vehicles including the TataGenX Nano car, DIMO Batta range, Tata SuperACE, Tata Xenon Pick-ups as well as, Buses and Trucks and Container Haulers are available for lease under this promotion, with prices starting from just Rs 750,000.
“Commercial Bank and DIMOhave collaborated in the past to help customers in need of quality Commercial Vehicles with low operating cost, and we are happy to once again offer very attractive benefits in association with DIMO,” said S. Renganathan, Executive Director/Chief Operating Officer of Commercial Bank. “We believe this promotion will represent tangible value additions for this customer segment.”
“We are delighted once again to collaborate with the Commercial Bank to facilitate TATA vehicle sales and we believe this partnership will add more value, speedier service and better accessibility to our customers to fulfil their financial needs,” said Ranjith Pandithage, Chairman & Managing Director, DIMO.
The only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for six years consecutively, Commercial Bank operates a network of 251 branches and 635 ATMs in Sri Lanka. The Bank has won multiple awards as Sri Lanka’s Best Bank, Best Trade Bank, Strongest Bank, Most Respected Bank from a number of local and international institutions and publications over several years and has also been adjudged one of Sri Lanka’s 10 best corporate citizens by the Ceylon Chamber of Commerce for several years.
DIMOhas a record of more than 77 years of experience in the automobile and engineering industry and has made a major contribution towards the development of infrastructure and road transportation in Sri Lanka. The company is the market leader in the Commercial Vehicle segment in the country. DIMO and TATA have a strong relationship of over 55 years in the Sri Lankan market. DIMO has Sales, Service and TATA Genuine Spare Parts outlets island-wide with 24 hour Road Side Assistance to provide an effective and an efficient service to the company’scustomers.