Seylan Bank announces bundle packages for vehicle import, leasing and insurance

Monday, 24 March 2025 03:12 - - {{hitsCtrl.values.hits}}

Following the recent relaxation of vehicle import regulations, Seylan Bank has announced comprehensive bundle packages covering vehicle importation, leasing, and insurance.

Standing at the forefront of vehicle imports, Seylan is offering a leasing package with competitive interest rates for individual importers, vehicle dealers, and other agents.

The bundle package offers highly competitive commission rates for customers. Beginning with the establishment of a Letter of Credit, Seylan Bank offers a tailored three-step solution aimed to ease the purchase of vehicles, granting customers access to special leasing packages with attractive interest rates ensuring flexibility and affordability. Partnering with LOLC Insurance, the ‘Bank with a Heart’ is offering attractive discounts on comprehensive vehicle insurance.

Seylan Bank’s fully automated system and branch network, encompassing 170 branches across the country, allows customers immediate and accessible means of completing the Letters of Credit procedures. Once processed, customers can enjoy competitive exchange rates for import settlements. With a global correspondent banking network of over 500 banks, customers can, rest assured, engage in seamless transactions for vehicle imports from Japan, Thailand, India, Australia, and the UK.

Through Seylan Bank, customers can also carry out Sri Lanka Customs payments with ease. A specialised team of the bank’s expert trade consultants stands tall and is ready to provide end-to-end guidance and support, ensuring a smooth process from importation to leasing and insurance.

Assistant General Manager – International Dilan Wijegoonawardena said: “Here at Seylan Bank, we’re keen on ensuring our clients have a seamless experience when purchasing their dream vehicle. Until the vehicle is released to the road, we can assure customers that their needs are met with end-to-end support and simplified solutions throughout the whole process. As the ‘Bank with a Heart,’ we aim to offer exemplary customer service through personalised assistance, with our teams available to offer expert advice and technical support for both imports and leasing.”

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