HNB PLC has formed a collaboration with Diesel & Motor Engineering Plc (DIMO) to provide tailored leasing options for TATA commercial vehicles, as well as Mercedes-Benz, Jeep, TATA passenger vehicles, and agricultural equipment.
Damith Pallewatte, the Managing Director and Chief Executive Officer of HNB, stated, “Our mission at HNB is to support the aspirations of every Sri Lankan, whether they are entrepreneurs looking to enhance their fleets, families purchasing new vehicles, or farmers upgrading their practices. By joining forces, we are merging robust financial support with genuine value for our clients, thereby contributing to the nation’s economic advancement.”
Business customers seeking commercial vehicles will benefit from exclusive discounts on models such as the TATA ACE HT2 (DIMO Batta), TATA Xenon Yodha (Single Cab), and TATA Super Ace, contingent on market conditions, providing a budget-friendly option for fleet growth.
In the passenger vehicle sector, clients interested in Mercedes-Benz, Jeep, and TATA will have the opportunity to schedule product demonstrations and test drives. Additionally, they will receive complimentary 24/7 roadside assistance across the island. Mercedes-Benz vehicles will come with a 2-year/unlimited mileage warranty, while Jeep offers a 5-year/150,000 km warranty, along with exclusive invitations to special events, enhancing the overall ownership experience.
Gahanath Pandithage, Group Managing Director and Chief Executive Officer of DIMO, remarked, “We are thrilled to collaborate with HNB to deliver enhanced value to our customers across all segments. This partnership guarantees that our clients can access appropriate financing solutions alongside the quality, dependability, and service support that DIMO is renowned for, whether they are purchasing commercial vehicles, passenger cars, or agricultural machinery.”
The alliance also aims to provide substantial assistance to Sri Lanka’s farming community. Customers buying Mahindra and Swaraj tractors will enjoy a comprehensive 4-year warranty, complimentary farmer kits and oil filters for three years, as well as three free vehicle services. Meanwhile, those acquiring LOVOL harvesters will benefit from a 2-year comprehensive warranty and three free vehicle services, ensuring durability and reliability for agricultural operations.
In summary, the collaboration between HNB and DIMO signifies a progressive step in enhancing mobility and agricultural development in Sri Lanka, combining accessible financing with high-quality vehicles, machinery, and after-sales support. This partnership is anticipated to foster business expansion, family mobility, and agricultural productivity throughout the nation.
HNB’s Managing Director/Chief Executive Officer Damith Pallewatte and DIMO’s Group Managing Director/Chief Executive Officer Gahanath Pandithage formalized the agreement in a ceremony attended by officials from both organizations.
Image Caption: HNB’s Managing Director/Chief Executive Officer Damith Pallewatte and DIMO’s Group Managing Director/Chief Executive Officer Gahanath Pandithage signing the Memorandum of Understanding in the presence of officials from both organizations.
Source: Financial Chronicle Biz English | Sri Lanka Business News.
