Seylan Bank ties up with Colombo Motor Show as official banking and leasing partner for seventh consecutive year

Seylan Bank once again drove its support for the Colombo Motor Show as the official banking and leasing partner, marking its seventh consecutive year at the largest international motor and motor accessories exhibition in Sri Lanka. This year’s show which took place from 6 to 8 December at the BMICH, brought together motor enthusiasts, industry professionals, and the general public for three days of automotive excitement.

As the banking and leasing partner, Seylan Bank was present at the exhibition to offer a comprehensive range of banking products and services. Attendees explored attractive leasing facilities, a variety of personal loans, credit card options, and other banking products.

Seylan Leasing offered a complete package, including free credit evaluation on leases and advisory services provided by the bank’s experienced staff. Customers were guided every step of the way – from vehicle evaluation to the lease being granted, with doorstep service adding convenience. Seylan Leasing also provided a flexible repayment plan tailored to the customer’s income, paired with a special interest rate, offering the opportunity to acquire brand-new or reconditioned vehicles with a repayment period of up to seven years. One of the standout features of Seylan Leasing is the innovative speed drive service, designed to revolutionise the leasing experience for customers. This unique offering allows individuals to obtain a lease facility against their own vehicle, catering to diverse financial needs such as working capital requirements, even without an existing relationship with the bank. 

Through a meticulously streamlined and fast-tracked process, the service ensures that documentation and approval are completed rapidly. Customers can secure a delivery order within just 24 hours, enabling them to finalise their lease agreements. Whether upgrading to their dream vehicle or addressing immediate financial priorities, Seylan Leasing makes the process seamless, hassle-free, and efficient.

The Colombo Motor Show 2024, organised by Asia Exhibition and Conventions Ltd., for the 18th consecutive year, featured over 200 trade stalls, showcasing a wide selection of motor vehicles, motor accessories, spare parts, lubricants, tires, and batteries. Signalling the arrival of a new era of transportation, the event also featured electric vehicles. Offering a solution to address the challenges of fluctuating fuel prices, the purchasing of electric vehicles is positioned to shift industry trends in the immediate future. The exhibition catered to a diverse audience, including individuals looking to upgrade their existing vehicles, those seeking a second vehicle for added convenience, businesses in need of vehicles for B2B operations, and professionals exploring high-end vehicle upgrades to suit their lifestyle. Visitors also enjoyed live motor-related action, making it a must-visit event for vehicle enthusiasts and prospective buyers alike.

Speaking on Seylan Bank’s partnership with the Colombo Motor Show, Assistant General Manager – Marketing and Sales Asiri Abhayaratne said, “For the past seven years, our collaboration has brought joy to automobile enthusiasts and industry stakeholders alike. Not only are we looked forward to elevating customer service with the new fast-track service, but we were also keen on assisting the Colombo Motor Show as they introduce electric vehicles to this year’s line-up. We are pleased to collaborate on the continued development of the country’s automotive industry.”