Pan Asia Bank and Indra Traders partner to unveil unbeatable vehicle leasing deals

Monday, 18 December 2023 00:00 - - {{hitsCtrl.values.hits}}

Pan Asia Bank Director/CEO Naleen Edirisinghe (right) and Indra Traders Sales and Marketing Director Hashindra Silva exchange the MoU signed between the two organisations. PABC AGM – Retail Credit Shiyan Perera, Head of Marketing Sirimevan Seneviratne and the leasing team along with Indra Traders’ team Sales and Marketing Manager Krishnakumar Kanishkar and Regional Manager Rasika De Silva are also present

Pan Asia Bank has announced its partnership with Indra Traders to provide attractive leasing facilities with so many added benefits to Sri Lankans who are planning to go for a new vehicle or an upgrade.

The Bank will be promoting vehicles from Indra Traders amongst its leasing customers, while Indra Traders will market Pan Asia Bank. The Memorandum of Understanding (MoU) which was signed recently by both Pan Asia and Indra Traders enables both parties to leverage on expertise of each other to create a unique value proposition.

The partnership will witness Pan Asia Bank attract Indra Traders’ customers to its unique leasing products, namely, Budget Plus and Business Plus. Budget Plus enables customers to pay a smaller lease rental during the lease period and a bulk at the end of lease, while Business Plus is designed for the business community for short term business requirements where they only need to pay interest and pay the capital at the end of lease. Indra Traders’ customers will also receive a faster and friendly doorstep service including a one-day lease facility. The Bank offers attractive tenor-based leasing rates. Overall, the collaboration will provide mutual benefits to customers of both Pan Asia Bank and Indra Traders.