- ComBank offers leasing packages and special payment plans to suit the seasonal income patterns of Agri-Industry
- waive off the costs of the RMV registration
The Commercial Bank of Ceylon has partnered with Ansen Agriculture (Pvt) Ltd. to offer special leasing packages, flexible payment plans, and other attractive benefits to customers who purchase selected models of Powertrac tractors.
The promotion which has been designed to provide opportunities for agricultural entrepreneurs to purchase Powertrac Euro 50 and Powertrac Euro 45 Cross tractors, will run till the close of 2022, the Bank said.
In addition to flexible leasing packages and special payment plans to suit the seasonal income patterns of this segment, customers are entitled to a special discount of Rs 15,000 on the total cost of the tractors under this promotion.
Furthermore, under the Memorandum of Understanding (MOU) signed between two parties, Ansen Agriculture has agreed to waive off the costs of the RMV registration, provide free vehicle insurance cover for the first year, free installation and operator training, and up to seven labour-free services to customers who obtain leasing facilities from Commercial Bank.
Besides delivering the best lease rentals and flexible payment options, Commercial Bank said it will ensure hassle-free documentation processes, quick lease approvals and expert guidance to customers under this promotion.
The Bank said that the leasing promotion will be conducted on the digital platforms of both companies while spot promotions have been organised to display the tractors at selected Commercial Bank branches to ease the decision making of customers that seek benefits from the promotion.
Ansen Agriculture (Pvt) Ltd. has been importing and distributing tractors, harvesters, rotavators and other agriculture-related machinery and accessories since 2003. The Company directly imports and distributes Powertrac Euro 45 Cross and Powertrac Euro 50 tractors, a leading and trusted brand in the Indian agriculture machinery market and provides after-sales services Island-wide.
Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 11 years consecutively, Commercial Bank operates a network of 268 branches and 938 automated machines in Sri Lanka. Commercial Bank is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector. The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.
Commercial Bank’s Group Chief Marketing Officer Mr Hasrath Munasinghe (3rd from left) exchanges the agreement with Ansen Agriculture Managing Director Mr Angelo Wijesinghe in the presence of (from left) the Bank’s Chief Manager – Retail Products Mr Dushmantha Jayasuriya, Head of Retail Products & Digital Channels Mr Pradeep Banduwansa, Assistant General Manager – Personal Banking III Mr Varuna Kolamunna and Ansen Agriculture Consultant – Finance Controller Mr Tirol Perera and the company’s Accountant Mr Ashen Perera.