ComBank and Micro Cars come together to offer attractive leasing options

Friday, 11 April 2025 02:44 - - {{hitsCtrl.values.hits}}

Commercial Bank Assistant General Manager – Personal Banking IV/RPD Kapila Liyanage exchanges MoU with Micro Cars Group Director Asela Lihinikaduwa in the presence of the company’s Head of Sales Jacob Nishanthan Raj, Finance Manager Thilina Weerasinghe, and Regional Managers K. Kugan and Asanka Herath and Commercial Bank Chief Manager – Retail Products Department Dushmantha Jayasuriya, Product Manager – Leasing and Personal Loans Chinthika Warnakulasuriya and Executive Officer – Retail Products Department Chandri Premaratne

The Commercial Bank of Ceylon has entered into a strategic partnership with Micro Cars Ltd. to offer attractive leasing options for the complete range of vehicles assembled or produced locally by the latter.

Both companies will offer special benefits to leasing customers under this partnership, which will be in effect till 31 March 2026, the Bank said.

These benefits will apply to all the brands represented by Micro Cars in Sri Lanka – MG, Chery, Proton, KGM -SUVs and Higer luxury buses.

Micro Cars has undertaken to offer a Rs. 50,000 discount on the price of Chery Tiggo4Pro SUVs, first-year full insurance cover and two years or 40,000 Km service package free for Proton Saga cars, and free registration for the first 50 customers for Rexton Sports pick-ups under this promotion.

For the MG vehicle range, the company will offer a special introductory price for the first 300 MG ZS MCE customers, and special prices on MG ZS Hybrid+, MG HS PHEV, MG5 Sedan, MG S5 – EV and MG4 – EV vehicles.

Commercial Bank will offer customised payment plans with attractive and affordable lease rentals to existing as well as new customers to enable them to make use of the opportunity to buy a new vehicle through this joint promotion.

Commercial Bank leasing customers have the option of tailor-made leasing facilities that suit individual income patterns, via the Bank’s Super Leasing and Hybrid Leasing facilities.

The Bank’s Super Leasing facility enables customers to purchase personal use vehicles at lower rentals with a residual as the last rental, while offering flexible repayment facilities and lower early settlement fees. The Hybrid Leasing facility also provides customers an opportunity to purchase high-end personal used vehicles at lower rentals, by paying interest only for the first year, a standard rental for the rest of the lease period, and the residual as the last rental.