Central Bank revises vehicle leasing limits

8 November 2025 06:19 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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Colombo, Nov 8. (Daily Mirror) - The Central Bank of Sri Lanka has revised the maximum loan-to-value (LTV) ratios applicable for vehicle leasing facilities. According to the new guidelines, the maximum leasing percentage for commercial vehicles has been set at 70%, while the maximum for private vehicles has been limited to 50%.

Previously, in July, the Central Bank announced four separate LTV categories: 80% for commercial vehicles, 60% for private vehicles, 50% for three-wheelers, and 70% for other vehicles. Under the latest revision, these have now been simplified into two main categories:

Commercial Vehicles: Maximum leasing facility up to 70%

Private vehicles (cars, vans, three-wheelers, and other private-use vehicles): Maximum leasing facility up to 50%.

Comments - 6

nadarajah Saturday, 08 November 2025 07:08 PM

very good move -this government is very smart and is able to foresee the challenges ahead unlike the previous finance ministers who were not smart enough to take decisions to safeguard the financial sector

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Pol Buruwa Sunday, 09 November 2025 08:26 AM

Oh. Really. Present comrade FM is so smart and that it may be possibly the reason after 32 months of Current Account surplus in September it recorded a US$ 180million deficit.

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Zarook Sunday, 09 November 2025 04:17 PM

Rich people don't need leasing, pachawatte new motto is "Pohosath Unta Lassana Jeevithayak", Pacha Kumara aka Sakalabujan and his oligarch friends have already purchased vehicles.

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Fooled by NPP government Sunday, 09 November 2025 08:57 AM

This is great!! All my car sales friends were complaining that everyone is going and buying new vehicles for reasonable prices, they were stuck with a lot of unsold, old poor condition vehicles. He was saying how prices of second hand cars would crash by January if the government doesn’t help them out. Thank god the government decided to do this and reduce the standard of living of many to help a few.

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Knee high Nimal Sunday, 09 November 2025 09:16 AM

lculator fine tuning when the economy overwhelmingly overloaded, and these regular adjustments indicate a still weaker economy despite highest taxes which embarras and frustrate people to make the way for the loaded political agenda through so called educational reforms and tourism boosting approaches......

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GERIATRIC TAX PAYER LAST 52 YEARS... Sunday, 09 November 2025 03:44 PM

NOW THE LOWER MIDDLE CLASS WILL PLUNGE TO POOR CLASS. EARLIER THE MIDDLE CLASS FELL TO LOWER MIDDLE CLASS. IN ANOTHER TWO YEARS IT WOULD BE ONLY TWO - RICH

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