DIMO and BOC partner to drive mobility and economic inclusion

Tuesday, 5 August 2025 00:46 - - {{hitsCtrl.values.hits}}

DIMO and BOC representatives at signing of MoU

DIMO has partnered with the Bank of Ceylon (BOC) to offer state-of-the-art leasing solutions for a wide range of vehicles, including Mercedes-Benz, Jeep, and Tata, within easier reach for all Sri Lankans.

DIMO said in a statement that the partnership was poised to redefine access to mobility across Sri Lanka, particularly by combining BOC’s unmatched reach of 651 branches with DIMO’s engineering excellence and diversified vehicle portfolio. This collaboration unlocks affordable financial pathways for customers from all walks of life, empowering individuals, SMEs, and enterprises with premium mobility solutions.

From urban professionals to rural entrepreneurs, customers will now benefit from exclusive leasing rates under this partnership. BOC will offer concessionary interest rates on DIMO-distributed vehicles, with rates structured to encourage broader access.

Special value is extended to Tata commercial vehicle buyers, with attractive discounts on Tata Buses, Trucks, Prime Movers, and Tata Super Ace. In a bold step to uplift small businesses, DIMO will waive the insurance fee for the ACE HT2 and XENON YODHA Pick-Up models—popular vehicles among small-scale industries —until the end of August 2025.

As the authorised distributor for Mercedes-Benz, Jeep, and Tata vehicles in Sri Lanka, DIMO will provide eligible customers with a range of world-class passenger and commercial vehicles, supported by exceptional after-sales services. This includes 24-hour roadside assistance, access to trained technicians, and the assurance of DIMO trust.

“This partnership represents a strategic step in expanding our contribution toward inclusive economic growth. By combining DIMO’s world-class mobility solutions with accessible financing, we are not only empowering rural entrepreneurs and small businesses but also enabling aspiring individuals across Sri Lanka to unlock new opportunities and improve their livelihoods,” said DIMO Executive Director Rajeev Pandithage.

“This leasing collaboration is aligned with our commitment to extend financial inclusion and access to quality mobility across every corner of the country. With DIMO’s range of global automotive brands and our strong rural footprint, we are enabling more Sri Lankans to upgrade their mobility needs with confidence and affordability.” said BOC Deputy General Manager – Development Banking and Branch Credit Operations Range 2 R.M.N. Jeewantha.

As Sri Lanka navigates its path to inclusive growth, initiatives such as the DIMO-BOC joint leasing scheme represent more than just a commercial partnership; they are enablers of national progress, providing mobility with purpose.