Sampath Bank-Sathosa Motors deliver lower interest rates, special discounts

Sathosa Motors Executive Director Sales and Marketing Dirk Joshua (fourth from left) and Sampath Bank Chief Operating Officer Deepal De Silva (sixth from right) exchange the agreement in the presence of senior representatives from both organisations

Sampath Bank PLC and Sathosa Motors PLC have partnered to offer exclusive benefits to vehicle buyers. 

The memorandum of understanding was signed recently at the bank’s head office, marking progress in expanding affordable transport options in Sri Lanka.

The customers buying vehicles from Sathosa Motors will gain access to tailored financial solutions from Sampath Bank, subject to standard regulations. These include a 0.5 percent interest rate reduction on vehicle lease, interest-free loans for insurance premiums if settled within two months and credit cards issued without a joining fee. Insurance payments via these cards can be repaid over 12 months at zero percent interest for increased convenience.

Additionally, Sathosa Motors will offer special promotions to its customers under this agreement, including a discount of Rs.50,000 on trucks and Rs.100,000 on double cabs, free vehicle registration, three free services covering both labour and material and exclusive discount coupons on spare parts. These offers aim to provide added value and long-term support to customers choosing Sathosa Motors vehicles.

Sathosa Motors PLC, a trusted name in Sri Lanka’s automotive industry, has represented the Isuzu brand for over six decades. The company’s extensive product portfolio includes double-cab pickup trucks, commercial vehicles, luxury passenger coaches and specialised vehicles such as fire trucks and bowsers.