Seylan Bank partners GS EVO Motors to introduce dedicated EV leasing facility

Thursday, 2 April 2026 04:41 - - {{hitsCtrl.values.hits}}

From left: Seylan Bank Senior Manager – Leasing Thakshila Dissanayake, Chief Manager Marketing Nalin Karunarathne, Head of Leasing Nalin Samarathunge, Assistant General Manager – Marketing and Sales Asiri Abhayaratne, Deputy General Manager – Retail Banking Eugene Seneviratne, Product Manager – Leasing Nilakshi Pathirana, Unit Manager – Leasing Sales Mahesh Ekanayake, and Senior Sales Manager – Direct Sales Unit Zaharan Ameer exchange an MoU with GS EVO Motors Chief Executive Officer Priyantha Perera and Management Associate – Sales Brishane Fernando

Seylan Bank PLC has entered into a strategic partnership with GS EVO Motors Ltd., a company engaged in importing electric vehicles (EVs) to Sri Lanka, to introduce a dedicated leasing facility for customers purchasing EVs.

The collaboration enables customers to access specialised leasing solutions designed to support the growing demand for sustainable mobility in the country.

The partnership was formalised through a Memorandum of Understanding (MoU), establishing an exclusive leasing arrangement for customers purchasing EVs through GS EVO Motors. The initiative aims to simplify the EV purchasing process by combining vehicle availability with structured financing solutions, competitive interest rates, and streamlined approvals.

Through this facility, Seylan Bank will offer leasing options with repayment periods of up to seven years. Customers may also benefit from fast-track approval within 24 hours, allowing quicker access to EV ownership while supporting Sri Lanka’s transition towards environmentally responsible transport.

Seylan Bank’s leasing facility will offer interest rates starting from 10% (A.I.R), supported by a dedicated leasing team that provides personalised assistance throughout the leasing process. Customers will also receive doorstep support and complimentary consultation services, ensuring guidance from initial application through documentation and post-approval procedures.

With Seylan Bank’s islandwide branch network, customers across the country will be able to access the leasing facility and receive support at every stage of the process. The initiative reflects the bank’s broader commitment to promoting sustainable transport through accessible green financing solutions.

Seylan Bank Assistant General Manager – Marketing and Sales Asiri Abhayaratne said: “EVs are becoming an important part of the future of mobility. Through this partnership with GS EVO Motors, Seylan Bank is providing customers with a practical financing solution that enables faster access to EV ownership while supporting environmentally responsible transportation.”

GS EVO Motors Chief Executive Officer Priyantha Perera said: “Our collaboration with Seylan Bank allows us to provide customers with a seamless path to owning EVs. By combining our EV portfolio with Seylan’s structured leasing solutions, we aim to make sustainable mobility accessible to a wider range of customers.”