Seylan Bank PLC has formed a strategic alliance with Toyota Lanka (Private) Limited to enhance leasing offerings for customers acquiring both passenger and commercial vehicles. This collaboration aims to merge competitive financial solutions with improved convenience and an efficient approval process.
The newly established Memorandum of Understanding (MoU) launches a specialized leasing facility that leverages Seylan Bank’s financial service expertise alongside Toyota Lanka’s established presence in Sri Lanka’s automotive industry. This partnership seeks to deliver a holistic and customer-focused financing alternative for individuals and businesses in search of various Toyota vehicles.
Through this collaboration, qualifying customers can access Seylan Leasing options featuring repayment terms of up to seven years, favorable interest rates, and a rapid approval process that can secure approvals within 24 hours. This initiative aims to enhance vehicle ownership accessibility while offering a smoother leasing procedure, enabling quicker access to Toyota’s product lineup.
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The partnership coincides with a rising demand for reliable passenger and commercial transportation options, spurred by growing economic activity in Sri Lanka. Safe and efficient transport solutions are becoming increasingly vital for businesses competing in the market, while individuals and families are also in search of trustworthy mobility options. Seylan Bank is committed to providing adaptable financing solutions to meet these changing needs.
Eugene Seneviratne, Deputy General Manager of Retail Banking at Seylan Bank, remarked, “Our collaboration with Toyota Lanka marks a significant advancement in Seylan Bank’s dedication to making financial solutions more accessible and aligned with our customers’ needs. By integrating attractive leasing options, flexible repayment plans, and expedited approval processes with Toyota Lanka’s robust vehicle offerings, we are facilitating a more straightforward pathway for customers to procure both passenger and commercial vehicles with increased confidence and ease.”
The Seylan Leasing program will be augmented by specialized leasing professionals who will offer personalized assistance, including on-site support and complimentary consultancy throughout the leasing application process. With Seylan Bank’s extensive branch network across the island, customers will receive comprehensive help with documentation, application procedures, and post-approval services, ensuring a smooth experience from the initial inquiry to finalization.
Mr. Manohara Atukorala, Managing Director and CEO of Toyota Lanka (Private) Limited, expressed, “We are delighted to partner with Seylan Bank in an initiative that aligns with our vision of ‘Mobility for All’ by improving access to mobility solutions throughout Sri Lanka. By providing flexible and convenient financing options for Toyota passenger and commercial vehicles, we aim to empower individuals, families, and businesses with the mobility necessary for their daily lives and growth. This partnership exemplifies our mutual commitment to enhancing customer convenience and extending mobility benefits to communities nationwide.”
This collaboration offers a comprehensive value proposition for customers seeking reliable mobility solutions by combining financial flexibility with personalized service and attractive after-sales support. It also underscores Seylan Bank’s pledge to meet the evolving needs of the country’s passenger and commercial vehicle markets through innovative financial offerings.
For further information regarding the Seylan Leasing options available through this partnership, customers are encouraged to reach out to the Seylan Bank hotline at 011-200 88 88.
Image Caption: Left to Right: Mr. Naotaka Takeda, Head of Value Chain Department; Mr. Ravi Opatha, General Manager – New Vehicle Sales; Mr. Manohara Atukorala, Managing Director/CEO; Mr. Masaaki Kawabata, Chairman (from Toyota); Mr. Eugene Seneviratne, Deputy General Manager – Retail Banking; Mr. Asiri Abhayaratne, Assistant General Manager – Marketing & Sales; Mr. Nalin Samaratunge, Head of Leasing; Mr. Nalin Karunaratne, Chief Manager – Marketing; Mr. Thakshila Dissanayake, Senior Manager – Leasing; Ms. Nilakshi Pathirana, Manager – Leasing (from Seylan Bank).
Financial Chronicle Biz English | Sri Lanka Business News.
