Sampath Bank PLC entered a strategic partnership with Indra Traders (Pvt) Ltd., a pioneer in Sri Lanka’s automobile industry, to offer attractive leasing facilities together with multiple benefits. The Memorandum of Understanding (MoU) was signed recently at Sampath Bank’s Head Office, reaffirming the Bank’s commitment to delivering financial solutions that provide tangible value to its customers.
Through this partnership, Sampath Bank offers leasing facilities at a concessionary interest rate across all the repayment tenors. Customers can now pay their insurance premiums by obtaining tailor-made insurance loans with a view to further easing the financial commitments. Additionally, no interest will be charged if the insurance loan is settled within two months. Furthermore, customers can obtain Sampath Credit Cards with no joining fee as well as a first-year free card, allowing them to pay insurance payments with 0% interest over 12 months ensuring competitive financing options with Sampath Bank.
Commenting on the collaboration, Mr. Deepal de Silva, Senior Deputy General Manager, Operations & Branch Banking of Sampath Bank PLC, stated, “This partnership emphasises our continued commitment to providing innovative financial solutions that empower customers. By collaborating with Indra Traders, we are not only offering competitive leasing options but also ensuring that customers enjoy a seamless and rewarding vehicle ownership experience, turning their aspirations into reality.”
Indra Traders will extend exclusive benefits to Sampath Bank customers, enhancing the value proposition of the leasing programme. Customers purchasing unregistered vehicles will receive a two-year warranty for the engine and gearbox, along with a three-year warranty for hybrid batteries. Additionally, a 10% discount on spare parts from Indra Motor Spares and a 10% discount on labour charges at Indra Service Park will be applicable for the first year. Pre-owned vehicle buyers will benefit from six months of warranty coverage for the engine and gearbox, along with one year of complimentary labour services for up to six maintenance sessions.
Speaking on the collaboration, Hashindra Silva, Director, Sales & Marketing of Indra Traders, remarked, “As a pioneer in the motor vehicle industry, Indra Traders celebrates 50 years of excellence in 2025, marking a legacy of trust, quality, and unwavering commitment to customer service. This milestone is a testament to our dedication to providing reliable and customer-centric solutions, and through our partnership with Sampath Bank, we are further enhancing the experience for vehicle buyers by offering attractive financial benefits, ensuring their investment is both rewarding and secure.”
To facilitate customer convenience, Sampath Bank representatives will be available at all Indra Traders outlets across the country from 1st to 15th March 2025, providing personalised support and guidance on leasing options.
Customers can obtain further details about these special leasing packages by visiting any Sampath Bank branch or contacting 0777663377 or Indra Traders’ dedicated hotline at 0777874422.
