ComBank-Indra Traders offer leasing benefits

Commercial Bank Managing Director/CEO Sanath Manatunge and Indra Traders Managing Director Rushanka Silva exchange MoU in the presence of senior representatives of the two organisations

Commercial Bank of Ceylon has entered into a strategic partnership with Indra Traders (Pvt.) Ltd to promote the latter’s vehicle portfolio through attractive leasing facilities. 

This collaboration was formally announced at the signing of a memorandum of understanding (MoU) and launch of a joint promotional campaign between the two organisations.

Under this agreement, the customers will enjoy a range of special benefits when leasing unregistered and pre-owned vehicles from Indra Traders through Commercial Bank. The bank will offer competitive interest rates and tailor-made leasing packages that allow the customers to structure their repayments in line with their income patterns. In addition, a 50 percent waiver will be granted on documentation charges for lease facilities. Leasing services will be accessible through Commercial Bank’s extensive islandwide branch network, with dedicated promotions also set to take place at all Indra Traders outlets during the campaign period.

Indra Traders will complement these benefits by offering customers a two-year warranty for the engine and gearbox and a three-year warranty for the hybrid battery on unregistered vehicles. The buyers will also be entitled to a 10 percent discount on spare parts from Indra Motor Spares as well as a 10 percent discount on labour charges from Indra Service Park during the first year. 

The promotion will run until December 31, 2025 and will apply to the full range of vehicles available from Indra Traders.