Combank and DIMO in joint leasing promo for TATA commercial vehicles

Commercial Bank’s Executive Director/Chief Operating Officer Mr S. Renganathan (fifth from right) and DIMO’s Executive Director Mr Vijitha Bandara exchange the agreement in the presence of senior management of the two companies.
Commercial Bank’s Executive Director/Chief Operating Officer Mr S. Renganathan (fifth from right) and DIMO’s Executive Director Mr Vijitha Bandara exchange the agreement in the presence of senior management of the two companies.

The Commercial Bank of Ceylon and Diesel and Motor Engineering PLC (DIMO) have joined forces to offer attractive discounts and other benefits to customers leasing TATA commercial vehicles.

Effective till end October 2017, this exciting joint promotion covers the entire range of Tata commercial vehicles, starting from Small Commercial Vehicles with a payload below 1 ton, Single cabs, Intermediate and Light Commercial Vehicles(deck lengths vary from 10 feet to 20 feet) to Heavy Commercial Vehicles, Buses with a seating capacity from 29 to 54 and containers haulers.

Under the agreement, DIMO will provide substantial discounts and free insurance and registration for specified models to Commercial Bank customers when leasing Tata vehicles. The Bank will provide competitive interest rates and monthly rentals, special leasing schemes for selected vehicles and expedited processing of lease agreements.

The promotion will be carried out at DIMO branches and Commercial Bank branches island wide during the validity period.

“Commercial Bank and DIMO have conducted several very successful promotions of this nature in the past to offer quality commercial vehicles with low operating cost,” said Mr. S. Renganathan, Chief Operating Officer of Commercial Bank. “This latest promotion will be welcomed by people in many sectors of business, particularly in construction which is currently witnessing growth.”

The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for seven years consecutively, Commercial Bank operates a network of 256 branches and 695 ATMs in Sri Lanka. The Bank won 10 major international awards in 2016 and has over the years won multiple awards as Sri Lanka’s Best Bank, Best Trade Bank, Strongest Bank and Most Respected Bank from a number of local and international institutions and publications.  It has also been adjudged one of Sri Lanka’s 10 best corporate citizens by the Ceylon Chamber of Commerce for several years.

DIMO is the market leader in the commercial vehicle segment in Sri Lanka.Tata Motors India and DIMO have a strong relationship spanning 56 years, and Tata commercial vehicles have played a vital role in the daily lives of many Sri Lankans. DIMO – Tata currently operates with more than 40 branches across the country to offer Tata Sales, Service and Genuine Spare Parts and provides 24-hour roadside assistance to Tata customers across Sri Lanka.




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