Sri Lanka’s leading private sector bank HNB PLC renewed its partnership with Diesel and Moto Engineering PLC (DIMO), the only authorized general dealer for Mercedes Benz and Jeep in Sri Lanka, to offer customers an exclusive range of leasing packages inclusive of attractive interest rates and benefits.
The promotion is applicable to all brand new/pre-owned Mercedes-Benz passenger cars and commercial vehicles, as well as Jeep SUVs sold by DIMO. The renewed conditions of the long-standing partnership between HNB and DIMO was announced with an agreement which was signed at HNB Towers with the presence of HNB Deputy General Manager Retail and SME Banking Sanjay Wijemanne and DIMO Chief Operating Officer Luxury Vehicles Cluster Rajeve Pandithage.
“The well-established relationship between HNB and DIMO has a history of providing patrons with access to globally-recognized vehicle brands at the lowest rates in the market. This year, we’re building on our range of benefits by offering HNB and DIMO customers attractive and flexible leasing options, unmatched concessionary interest rates, and special insurance packages. We’re giving car enthusiasts the ability to purchase the vehicle of their dreams,” HNB, Head of Personal Financial Services- Kanchana Karunagama stated.
Additionally, HNB will offer DIMO customers 0.25% below the published rate of the lease with 50% residual value from the lease value. For structured leases with the ‘interest-only’ option, the bank will offer the prevailing interest rate.
“Our time-tested partnership with HNB has proven to give our customers a wide array of benefits. In addition to having access to the most affordable and beneficial leasing options in the market, DIMO customers are even entitled to special packages from HNB General Insurance. Coupled with our excellent after-sales service, our clientele has unparalleled opportunities to invest in their dream vehicle,” DIMO Chief Operating Officer, Luxury Vehicles Cluster, Rajeve Pandithage said.
HNB customers availing themselves of the promotion are entitled to a free life insurance cover of Rs.4.5 million. The insurance is also anchored to discounted premiums from HNB General Insurance, and a free credit card with special discounts and benefits from HNB Leasing.
With 252 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.
HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. The bank further won the Award for the Best Retail Bank in Sri Lanka for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.