HNB Grameen Finance Limited signs MoU with DIMO to offer special, attractive leasing packages for Tata Vehicles & DIMO Agri Machinery

January, 26, 2018

Sri Lanka’s pioneer in innovative leasing solutions, HNB Grameen Finance Ltd recently signed a Memorandum of Understanding (MoU) with Diesel & Motor Engineering PLC (DIMO), the sole agent and distributor for renowned automobile brands in Sri Lanka.

This agreement signed last week to offer exclusive leasing packages with lowest interest rates to customers who wish to buy Tata vehicles and DIMO Agri Machinery Vehicles which includes Mahindra tractors and Swaraj Tractors.
HNB Grameen Finance Ltd also offers their customers the option of choosing between structured and residual leasing and designing the leasing plan to fit the customer’s income and budget. Minimal documentation, personalized one day service, doorstep assistance are some of the benefits that customers will be afforded as a result of this partnership.

DIMO meanwhile is geared to offer a host of benefits exclusively to HNB Grameen Finance Ltd customers such as special discounts, free registration and Insurance for selected vehicle models.

Speaking at the MoU signing, R.M.P. DayawansaHNB Grameen Deputy General Manager, SME and Leasing said: “This is a win-win for both the organisations as well as the customers because through HNB Grameen Finance Limited’s unique, customizable leasing options and DIMO’s unparalleled reliability and reputation, the customer is guaranteed a convenient, customised and superior total solution.

“By entering into strategic partnerships of this nature, we hope to broad-base our clientele by offering tailored leasing packages and a wide choice of vehicle options to anybody looking to fulfil their dream of owning a vehicle,” he explained.

Speaking at the event, Vijitha Bandara, Director, Diesel & Motor Engineering PLC said. “This tie up will help our customers to further enhance their capacities and make Tata range of vehicles & Agri machineries more affordable”.

Further information about the special leasing packages for Tata vehicles and Agri Machineries can be obtained from DIMO and HNB Grameen Finance Ltd branches Island wide.  

Tata Motors India and DIMO have a strong relationship spanning over 56 years, and Tata commercial vehicles have played a vital role in the daily lives of many Sri Lankans all over the country. DIMO - Tata currently operates with more than 40 branches across the country to offer Tata Sales, Service and Genuine Spare Parts and provides 24-hour roadside assistance to Tata customers across Sri Lanka.

DIMO Agri-Machinery brings to Sri Lanka the latest state-of-the-art technology in the field of agriculture. We are proud to be the sole distributors of the world-renowned Mahindra tractors and Swaraj Tractors in Sri Lanka. To complement our range, DIMO Agri-Machinery offers a range of services, DIMO certified implements and genuine spare parts.

HNB Grameen Finance Limited was established in the year 2000 and is licensed as a registered Finance Company by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011. The company pioneered commercial based microfinance in Sri Lanka, charting a new course for the enterprising but inclusive small scale entrepreneurs of Sri Lanka.

Photo caption: (From left) Tata Passenger Car Sales DIMO Deputy General Manager, Anura Wijesinghe; DIMO Agri Machinery Division General Manager Gihan Fernando; Tata Commercial Vehicle Sales DIMO Sampath Kumarasinghe; Tata Motors Ltd Country Manager Madhu Singh and DIMO Director Vijitha Bandara with HNB Grameen Finance Ltd  DGM, SME & Leasing R.M.P. Dayawansa; CL & BD of HNB Grameen Finance Ltd A.H.M. Aziz; HNB Grameen Finance Ltd,  Manager –Leasing Rangana Shamil; Tata Motors Ltd Product Manager Anunhav Bali and Lakmal Wijayagunarathna Asst Manager, BD, HNB Grameen Finance Ltd.