People’s Leasing and Indra Traders sign MOU to offer better deals to customers


Sri Lanka’s leading non-bank finance sector company, People’s Leasing & Finance PLC signed a MOU with Sri Lanka’s leading vehicle importer, distributor and dealers of motor vehicle spare parts, Indra Traders (Pvt) Ltd to launch a special business promotional program.

According to the MOU, the Kandy Head Office of Indra Traders along with all other branches in Kandy, Colombo, Matara, Kelaniya, Anuradhapura, Embilipitiya and Negombo will jointly work with the People’s Leasing Company branches in the respective areas to offer special benefits to customers until the 31st of March this year.

People’s Leasing will offer a host of benefits to customers within the stipulated period of the promotional campaign. PLC customers are thus offered leasing facilities under the program at lowest interest rates prevailing in the marketplace. Other benefits include special discounts for vehicle insurance, facility to reduce the premium instalment amount by paying a portion of the capital and an extended repayment period of seven years.

Indra Traders would also offer benefits for purchases of vehicles that include, a special concession, two vehicle services for newly purchased vehicles from Indra Traders Service Centers sans labour fee, a brand new reverse camera system offered free-of-charge for passenger vehicles purchased and vehicle trading.

Hence, customers who intend to purchase vehicles can now look forward to a trusted and credible transaction. All Indra Traders outlets in the country provide this service and a People’s Leasing agent is stationed in each of those outlets to offer maximum support to customers.

The MOU was signed by Shamindra Marcelline, Chief Executive Officer / General Manager of People’s Leasing & Finance PLC and Rushantha Silva, Managing Director of Indra Traders in the presence of Laksanda Gunawardene, Deputy General Manager – Operations, People’s Leasing & Finance PLC and Hasindra Silva, Director – Sales and Marketing, and Sajani Silva, General Manager  from Indra Traders.

The unique features of People’s Leasing are its strength and stability to provide diverse financial solutions under one roof, creating a seamless, convenient and friendly customer service experience.

People’s Leasing & Finance PLC is a leading Non-Bank Financial Institution in Sri Lanka and a subsidiary of People’s Bank, one of the largest state-owned banks in the country. Commencing operations in 1996 as a specialized leasing company, People’s Leasing was listed on the Colombo Stock Exchange in 2011. People’s Leasing has grown to become a diversified non-banking financial powerhouse with six subsidiaries in areas including overseas operations in Bangladesh and celebrated its 25th anniversary on 31st May 2021.

Standing from Right: Laksanda Gunawardene (Deputy General Manager -Operations of People’s Leasing & Finance PLC), Shamindra Marcelline (Chief Executive Officer/ General Manager of People’s Leasing & Finance PLC), Rushanka Silva (Managing Director – Indra Traders), Hasindra Silva (Director – Sales and Marketing) and Sajini Silva (General Manager – Indra Traders)