HNB and Ideal Motors offer special deal on lease for Mahindra commercial vehicles

Thursday, 17 July 2025 00:01 - - {{hitsCtrl.values.hits}}

HNB Bank Associate Chamal Siriwardena, Product Manager – Leasing Mahesh Ratnayake, Vice President – Leasing Udara Pathinayake, Senior Vice President/Head of Retail Banking Kanchana Karunagama, Ideal Motors Director Legal and Corporate Affairs Nimisha Welgama, General Manager – Commercial Vehicles Kasun Fernando, Head of Marketing Harsha Perera, Business Development Manager Dinesh Manage and Marketing Manager Vinoj Dahanayaka

HNB PLC, has entered into a strategic partnership with automotive major Ideal Motors Ltd., to promote affordable leasing solutions for Mahindra Bolero City Pickups, ALFA Plus Load Carriers, Mahindra KUV AMTand Mahindra Powerol Generators.

The partnership aims to empower micro, small, and medium enterprises (MSMEs) by facilitating access to essential commercial transport and power solutions.

This collaboration strengthens HNB’s commitment to supporting the country’s backbone industries with flexible financing options tailored for Sri Lankan entrepreneurs. By extending attractive leasing facilities for these high-demand utility vehicles and generators, the initiative enhances productivity, mobility, and operational resilience for customers across sectors.

HNB Senior Vice President and Head of Retail Banking Kanchana Karunagama said:

“This partnership reflects HNB’s deep commitment to driving economic empowerment through accessible financial solutions. Ideal Motors’ portfolio of Mahindra vehicles and generators has long served as a critical enabler for MSMEs. By combining their trusted products with our structured leasing solutions, we aim to equip businesses with the tools they need to grow, especially during a time when cost-efficiency and reliability are paramount.”

Ideal Motors Director – Legal, Marketing and Corporate Affairs Nimisha Welgama said: “We are proud to partner with HNB, one of Sri Lanka’s most trusted financial institutions, to extend the accessibility of our Mahindra vehicle range and power solutions to a broader segment f the market. This collaboration allows us to offer quality, reliable commercial vehicles and backup power systems, but also the financial flexibility they need to grow and sustain their businesses. By combining our product expertise with HNB’s innovative leasing and financing options, we aim to empower entrepreneurs, SMEs, and logistics operators across the country—supporting their evolving mobility and operational needs in an increasingly competitive environment.”

With this initiative, HNB continues to reinforce its role as a catalyst for economic development by supporting the mobility and energy needs of local businesses. The Bank remains focused on delivering customer-centric, technology-enabled financial products that support long-term value creation.

With a strong countrywide network and a focus on reliable after-sales service, IDEAL Motors has played a key role in advancing the light truck segment. Backed by technical expertise and a customer-centric approach, IDEAL Motors continues to deliver comprehensive mobility solutions across Sri Lanka.

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