Commercial Bank partners with DIMO to offer special leasing packages
View(s):The Commercial Bank of Ceylon is joining up with Diesel and Motor Engineering PLC (DIMO) to offer attractive leasing options for TATA commercial vehicles in a 6-month promotion commencing August 2014.
Under the agreement, DIMO will provide substantial discounts to Commercial Bank customers to lease TATA vehicles. The bank will provide low interest rates and monthly rentals for leasing facilities. The vehicles covered under the special scheme include TATA trucks and buses.
A special insurance cover through Commercial Bancassurance has also been introduced for customers who lease vehicles through the bank. This cover requires a low insurance premium, according to a bank media release. “The partnership between Commercial Bank and DIMO will cater to the demand for quality commercial vehicles with low operating cost,” said S. Renganathan, Chief Operating Officer of Commercial Bank. “We believe it will be particularly helpful in the context of the construction boom
in the country.”