Banks (Finance)

Partnership Expands Affordable Transport Options in Sri Lanka

Strategic Insights

Sep 8, 2025 — 1 min read

Sri Lanka's automotive industry has taken a significant leap forward with the partnership between Sampath Bank PLC and Sathosa Motors PLC. The Memorandum of Understanding (MoU) signed at the Bank's Head Office marks a major milestone in providing tailored financial solutions to vehicle buyers. Under this agreement, customers purchasing vehicles from Sathosa Motors will enjoy exclusive benefits, including reduced interest rates, interest-free loans for insurance premiums, and specialized promotions. This collaboration aims to provide added value and long-term support to customers choosing Sathosa Motors vehicles.

Key Takeaways:

Sampath Bank PLC and Sathosa Motors PLC have partnered to offer exclusive benefits to vehicle buyers.
Customers purchasing vehicles from Sathosa Motors will receive a 0.5% interest rate reduction on vehicle lease, interest-free loans for insurance premiums if settled within two months, and credit cards issued without a joining fee.
Sathosa Motors will offer special promotions, including a discount of Rs. 50,000 on trucks and Rs. 100,000 on double cabs, free vehicle registration, three free services covering both labour and material, and exclusive discount coupons on spare parts.
Sathosa Motors has represented the Isuzu brand in Sri Lanka for over six decades and has an extensive product portfolio.
The company has an island-wide network of workshops and dealers, providing comprehensive after-sales service.

Statistics:

0.5% interest rate reduction on vehicle lease for customers purchasing vehicles from Sathosa Motors.
Interest-free loans for insurance premiums if settled within two months.
Rs. 50,000 discount on trucks and Rs. 100,000 on double cabs.
Three free services covering both labour and material.
Exclusive discount coupons on spare parts.
Over 6 decades of representing the Isuzu brand in Sri Lanka.
Island-wide network of workplaces and dealers.

Sources:

Daily News Sri Lanka

Published by HT Digital Content Services with permission from Daily News Sri Lanka.

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