ComBank launches 4th ‘Leasing Vaaré’ with lower rentals
Announces host of special benefits from April to June 2019 for Leasing facilities of any brand of vehicle
The Commercial Bank of Ceylon has announced the return of its ‘Leasing Vaaré’ (Leasing Season) promotion for the fourth year, with special rentals and a range of other benefits covering leases of any brand of vehicle during the promotion period.
The Bank has declared 1stApril to 30th June its ‘Leasing Vaaré’ for 2019 and will offer leasing customers these attractive terms for leases of up to seven years.
Notably, the Bank’s Super Leasing and Hybrid Leasing facilities afford customers the ability to purchase high-end vehicles at lower rentals, while also offering easy repayment plans and lower early settlement fees.
During this three-month period, customers can lease both registered and unregistered vehicles, enjoy a longer repayment period, reap the benefits of tailor-made repayment packages to suit individual income patterns, and even top up their existing leasing facilities, the Bank said.
Moreover, special rentals for selected popular vehicles, and easy payments plans for insurance premiums through Commercial Bank Credit Cards too are among the benefits to be enjoyed during this ‘Leasing Vaaré.’
Quick and hassle-free loan processing and expedited approvals are some of the fringe benefits of the promotion. Furthermore, the option of replacing a vehicle and continuing with the same leasing facility too will be offered to customers.
In addition, Commercial Bank has also partnered with Ideal Motors (Pvt) Ltd. to offer attractive discounts, competitive lease rentals, and other benefits to customers leasing Mahindra branded commercial vehicles. A similar joint promotion has been launched with Brown & Company PLC offering customers special lease rentals and discounts when purchasing tractors and agricultural equipment during this season.
The only Sri Lankan Bank to be ranked among the world’s top 1000 banks for eight years consecutively, Commercial Bank operates a network of 266 branches and 830 ATMs in Sri Lanka. The Bank has won multiple international and local awards in 2016 and 2017 and over 40 international and local awards in 2018.
Commercial Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Representative Office in Yangon and a Microfinance company in Nay PyiTaw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.
