Thursday, April 3, 2025

ComBank teams up with Browns

Leasing promo for tractors and harvesters

by admin
September 17, 2023 1:04 am 0 comment 315 views

Commercial Bank’s Chief Operating Officer S. Prabagar exchanges the MoU with the Chief Operating Officer - Agriculture and Heavy Machinery Cluster of Brown & Co. Sanjaya Nissanka in the presence of Browns Agriculture Head of Sales Thushan Nilanka, Head of Operations Chanaka Chandrasekara and Deputy General Manager MrNiyasAhamed and Commercial Bank’s Deputy General Manager - Retail Banking and Marketing Hasrath Munasinghe, Deputy General Manager - Personal Banking Delakshan Hettiarachchi, Product Manager - Personal loans Gayan Wijesinghe, and Executive officer – Retail Products Department Mrs Chandri Premaratne.

The Commercial Bank of Ceylon PLC has once again announced a new leasing promotionwith Browns Agriculture, to empower thecountry’s farming community to acquirecutting-edge technology and equipmentin order to enhance productivity.

The promotion will run till the end of 2023, covering TAFE branded tractors,as well as harvesters from Sumo and Yanmar, which are imported, sold and serviced by Browns Agriculture.

Tractors and harvesters purchased with lease facilities provided by Commercial Bank under this promotion will carry a 1% discount on standard Interest rates and Browns Agriculture will attend to the registration with the Registrar of Motor Vehicles (RMV) or other government entities free, the Bank said. Browns Agriculture will offer free insurance for the first year on selected models of TAFE tractors,and all tractor models purchased will be entitled to four labour-free services.

Yanmar and Sumo harvesters purchased through this promotion will be provided with three and two free service sessions, respectively.

In support of the objectives of the promotion, Commercial Bank will offer customised leasing packages at attractive special rates, as well as the Bank’s ‘Kanna Varika’ (Seasonal Payments) option where the leasing packages correspond to the farmers’ income patterns, under which rentals will be serviced only during harvesting periods.

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