Mahindra Ideal Finance opens branch in Gampola

Wednesday, 1 October 2025 00:00 - - {{hitsCtrl.values.hits}}

Managing Director and CEO Mufaddal Choonia, together with members of senior management team, officially inaugurated the branch — expanding access to customised, transparent and flexible financial solutions for communities in Central Province

Mahindra Ideal Finance Ltd. (MIFL), has further expanded its island-wide presence with the opening of a new branch in Gampola on 18 September 2025. This marks the company’s 37th branch and reflects its continued commitment to improving access to financial services across the Central Province and beyond.

MIFL’s Managing Director and Chief Executive Officer Mufaddal Choonia, led the opening ceremony, together with members of the company’s senior management and branch staff. The new branch offers a full portfolio of services, including multi-brand vehicle leasing, business and SME loans, revolving loans, gold loans and fixed deposits, aimed at supporting both individual and business customers in the area.

“Our expansion into Gampola is part of a broader effort to bring customised, transparent and flexible financial solutions closer to where our customers live and work. We believe every Sri Lankan should have access to tools that help them build a better future for themselves, regardless of geography,” Mufaddal said.

The Gampola branch adds to MIFL’s growing regional network, which plays a central role in the company’s strategy to extend responsible and technology-enabled finance to emerging communities in Sri Lanka. In recent months, MIFL has introduced several new initiatives, including tailored financial solutions for MSMEs and multi-brand vehicle importers, supported by strategic partnerships and financial product innovation.