Sampath Bank and Micro Cars collaborate to deliver unmatched benefits on vehicle purchases

Thursday, 16 October 2025 05:17 - - {{hitsCtrl.values.hits}}

Micro Cars Group Director Asela Lihinikaduwa (left) and Sampath Bank Chief Operating Officer Deepal De Silva exchange the agreement in the presence of representatives from both institutions

Sampath Bank PLC entered into a Memorandum of Understanding (MoU) recently with Micro Cars Ltd., at its Head Office, formalising a partnership that brings together exclusive customer benefits and financial solutions designed to make vehicle ownership more accessible and rewarding.

Through this collaboration, customers purchasing vehicles from Micro Cars can enjoy a range of special offers alongside attractive banking facilities from Sampath Bank. The initiative combines financial convenience with tangible value, easing the path to mobility for Sri Lankans across the country.

Under the arrangement, Sampath Bank will extend a 0.5% per annum reduction from its Published Leasing interest rates, offering customers lower borrowing costs on their vehicle lease. In addition, insurance loans will carry a 0% interest rate if settled within two months, creating further financial relief. Sampath Credit Cardholders will also benefit from waived joining fees and a 0% interest plan for 12 months on insurance payments, providing greater flexibility and convenience.

As part of this partnership, Micro Cars will be extending a series of exclusive offers for the popular MG ZS MCE, the CHERY TIGGO4 PRO, TIGGO Cross Hybrid and the TIGGO 9 PHEV SUV. Customers purchasing the luxury HIGER Buses will also be given special offers, adding further value to their investment.