ComBank and Indra Traders partner to offer exclusive leasing benefits

Wednesday, 11 June 2025 00:00 - - {{hitsCtrl.values.hits}}

Commercial Bank Managing Director/CEO Sanath Manatunge (left) and Indra Traders Managing Director Rushanka Silva exchange the MoU in the presence of senior representatives of the two organisations

The Commercial Bank of Ceylon has entered into a strategic partnership with Indra Traders Ltd., to promote the latter’s vehicle portfolio through attractive leasing facilities.

This collaboration was formally announced at the signing of a Memorandum of Understanding (MoU) and the launch of a joint promotional campaign between the two organisations.

Under this agreement, customers will enjoy a range of special benefits when leasing unregistered and pre-owned vehicles from Indra Traders through Commercial Bank. The bank will offer competitive interest rates and tailor-made leasing packages that allow customers to structure their repayments in line with their income patterns. In addition, a 50% waiver will be granted on documentation charges for lease facilities.

Leasing services will be accessible through Commercial Bank’s extensive islandwide branch network, with dedicated promotions also set to take place at all Indra Traders outlets during the campaign period.

Indra Traders will complement these benefits by offering customers a two-year warranty for the engine and gearbox, and a three-year warranty for the hybrid battery on unregistered vehicles. Buyers will also be entitled to a 10% discount on spare parts from Indra Motor Spares, as well as a 10% discount on labour charges from Indra Service Park during the first year. The promotion will run from 6 June to 31 December and will apply to the full range of vehicles available from Indra Traders.

As a pioneer in flexible leasing solutions, Commercial Bank is committed to making vehicle ownership more accessible to both existing and new customers, the bank said. This partnership combines financial convenience with the assurance of trusted after-sales service, delivering real value to buyers at a time when affordability and service quality are paramount.

Indra Traders is a trusted brand in Sri Lanka’s motor industry with decades of experience in supplying high-quality vehicles and services. Its islandwide presence and robust after-sales support make it a preferred choice among vehicle buyers.

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