Nations Trust Bank, the premier vehicle financing provider focusing on the needs of salaried, professional and business customers, signed an agreement to provide vehicle leasing solutions, with Ideal Motors, the nation’s most diverse and trusted automotive solutions provider. Priyantha Talwatte, Director/CEO, Nations Trust Bank and Nalin J. Welgama, Chairman, Ideal Group signed the Memorandum of Understanding (MOU) on behalf of their respective organisations, in the presence of senior management member.
The Memorandum of Understanding will enable customers to purchase Mahindra vehicles including motor cars, and dual purpose vehicles at the most favourable terms, through Nation Trust Bank Leasing. Nations Professional Leasing offers the leasing solution most suitable for working professionals, with a leasing tenure up to 7 years with bulk payment of 40%. The solution is provided with no guarantors required and minimal documentation, delivered with minimal turnaround time taking into account the demands on the customers’ time.