ComBank-Toyota offer attractive leasing solutions

Commercial Bank Managing Director/CEO Sanath Manatunge and Toyota Lanka Managing Director/CEO Manohara Atukorala exchange agreement in the presence of representatives of the two companies

Commercial Bank of Ceylon signed a strategic partnership with Toyota Lanka (Private) Limited to promote the leasing of Toyota passenger and commercial vehicles, further strengthening its position as a leader in delivering innovative leasing solutions in Sri Lanka.

The signing of a memorandum of understanding to this effect marked the launch of the joint promotional campaign designed to make the purchase of Toyota vehicles more accessible and affordable to the customers.

Under this collaboration, Commercial Bank will extend a range of benefits to the customers obtaining lease facilities for Toyota vehicles. These include attractive interest rates, a special extended tenure of up to eight years at preferential rates and a waiver of joining fees along with a two-year annual fee waiver for credit cards issued by the bank in connection with these leases.

Toyota Lanka will offer free vehicle registration, complimentary first three standard services and a manufacturer’s warranty covering three years or 100,000 kilometres—whichever occurs first.

This special leasing promotion will be conducted islandwide through Commercial Bank’s extensive branch network and will remain valid until December 31, 2025. The customers can choose from the full range of Toyota passenger and commercial vehicles and benefit from tailor-made repayment options designed to align with individual income patterns.

The bank said this initiative reiterates its commitment to providing the customers with attractive, flexible and affordable leasing packages through collaborations with reputed automotive partners. The bank aims to support both existing and new customers in realising their aspirations of owning a new vehicle while enjoying significant cost savings and convenience.