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Merchant Bank of Sri Lanka and Finance PLC has launched their newest leasing scheme dedicated for those interested in purchasing a Three Wheeler of any brand of their choice. Currently, the pandemic situation in Sri Lanka has created a demand for transporting essential goods and logistic services for the civilians, and this segment of vehicles is suitable for SMEs and entrepreneurs to cater to the demand. This scheme also designed to provide liquidity support to this BOP segment during this economic turbulence. The specialized facility extends to all government and private sector employees, self-employed personnel, small and medium scale entrepreneurs and those who opt to drive Three Wheelers full time as an occupation are able to obtain this facility for registered Three Wheelers.

‘MBSL – Wheel Deal’ offers all customers a free insurance package where the customer has the ability to pick the insurance company of choice, a free full HD Dash Camera with warranty or a free DSI tire to customers. Customer also has the ability of choosing the monthly rental according to their income. Further, the scheme requires minimum documentation therefore can be approved within a day.

MBSL which was established in year 1982 became a public company registered in the Colombo Stock Exchange in year 1991. Contemporarily it has become a pioneering financial institution in the field of investments and corporate financial services sector in Sri Lanka which rewards its customers with excellent leasing facilities, credit facilities for SMEs (Small and Medium Size Enterprises), credit facilities for commercial entities, corporate advisory services, stock market related services, fixed deposit, savings accounts, children’s savings accounts, property sales and also gold loan services; with outstanding proficiency.

The major shareholder of the MBSL with the ownership of shares amounting to 74% of the total shares is the Bank of Ceylon, which is the number one Bank in Sri Lanka. The Branch Network of MBSL comprises of 48 islands wide, inclusive of the Head Office located in the BOC Merchant Tower in Colombo 03.

Merchant Bank of Sri Lanka & Finance PLC © 2021

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