ComBank partners Ideal Motors to offer special leasing packages

Kapila Liyanage, Assistant General Manager – Personal Banking at Commercial Bank and Nimisha Welgama, Director Legal & Corporate Affairs at Ideal Motors  (Pvt) Ltd. exchange the agreement in the presence of representatives of the two companies

Commercial Bank of Ceylon has entered into a strategic partnership with Ideal Motors (Pvt) Ltd. to promote the Mahindra XUV 3XO passenger vehicle, through a joint promotional campaign.

Under this collaboration, Commercial Bank will offer attractive leasing facilities to part-finance the purchase of Mahindra XUV 3XO vehicles, supported by preferential interest rates, concessions on documentation charges and a complimentary credit card with the first year’s annual fee waived. These facilities will be available through the Bank’s island-wide branch network.

Ideal Motors (Pvt) Ltd. will complement the Bank’s financing offer with a range of exclusive customer benefits, including a special discount on the vehicle, free registration, a 10 percent discount on spare parts, and the first three services labour-free.

The promotional campaign will be conducted until 28 February 2027, providing customers with the flexibility to plan their purchase and structure repayments according to their individual income patterns. The leasing packages are designed to offer affordable rentals while allowing customers to benefit from special rates and cost concessions across both financing and ownership-related services.