Business · Sri Lanka Bureau
Pan Asia Bank ties up with Ideal Motors for vehicle leasing options
Pan Asia Bank has partnered with Ideal Motors to provide leasing facilities for customers purchasing vehicles from the authorised Mahindra dealership. The one-year agreement aims to streamline vehicle financing options for buyers.
LSN Sri Lanka ·
Pan Asia Bank has entered into a strategic partnership with Ideal Motors (Pvt) Ltd through a one-year Memorandum of Understanding, establishing a new financing channel for vehicle purchasers in Sri Lanka.
The collaboration will allow customers of Ideal Motors, an authorised dealer of Mahindra vehicles, to access leasing facilities directly through Pan Asia Bank. The arrangement is designed to simplify the vehicle financing process and provide more convenient payment options for buyers.
Under the partnership, customers purchasing vehicles from Ideal Motors will benefit from tailored leasing solutions offered by Pan Asia Bank, creating an integrated financing experience at the point of sale.
The agreement represents Pan Asia Bank's continued expansion into automotive financing, while supporting Ideal Motors in enhancing its customer offerings in the competitive vehicle retail sector.