ComBank and Browns collaborate on special leasing promo for tractors and harvesters

Monday, 25 September 2023 01:40 - - {{hitsCtrl.values.hits}}

Commercial Bank Chief Operating Officer S. Prabagar exchanges the MoU with Brown & Co. Agriculture and Heavy Machinery Cluster Chief Operating Officer Sanjaya Nissanka in the presence of Browns Agriculture Sales Head Thushan Nilanka, Operations Head Chanaka Chandrasekara, Deputy General Manager Niyas Ahamed, Commercial Bank Retail Banking and Marketing Deputy General Manager Hasrath Munasinghe, Personal Banking Deputy General Manager Delakshan Hettiarachchi, Personal loans Product Manager Gayan Wijesinghe, and Retail Products Department Executive Officer Chandri Premaratne

The Commercial Bank of Ceylon PLC has once again announced a new leasing promotion with Browns Agriculture, to empower the country’s farming community to acquire cutting-edge technology and equipment in order to enhance productivity.

The promotion will run till the end of 2023, covering TAFE branded tractors, as well as harvesters from Sumo and Yanmar, which are imported, sold and serviced by Browns Agriculture.

Tractors and harvesters purchased with lease facilities provided by Commercial Bank under this promotion will carry a 1% discount on standard Interest rates and Browns Agriculture will attend to the registration with the Registrar of Motor Vehicles (RMV) or other government entities free of charge, the Bank said.

Additionally, Browns Agriculture will offer free insurance for the first year on selected models of TAFE tractors, and all tractor models purchased will be entitled to four labour-free services.

Meanwhile, Yanmar and Sumo harvesters purchased through this promotion will be provided with three and two free service sessions, respectively.

In support of the objectives of the promotion, Commercial Bank will offer customised leasing packages at attractive special rates, as well as the Bank’s ‘Kanna Varika’ (seasonal payments) option where the leasing packages correspond to the farmers’ income patterns, under which rentals will be serviced only during harvesting periods.