Sampath Bank PLC entered into a Memorandum of Understanding (MoU) recently with Micro Cars (Pvt) Ltd at its Head Office, formalising a partnership that brings together exclusive customer benefits and financial solutions designed to make vehicle ownership more accessible and rewarding.
Through this collaboration, customers purchasing vehicles from Micro Cars can enjoy a range of special offers alongside attractive banking facilities from Sampath Bank. The initiative combines financial convenience with tangible value, easing the path to mobility for Sri Lankans across the country.
Under the arrangement, Sampath Bank will extend a 0.5% per annum reduction from its Published Leasing interest rates, offering customers lower borrowing costs on their vehicle lease. In addition, insurance loans will carry a 0% interest rate if settled within two months, creating further financial relief. Sampath Credit Cardholders will also benefit from waived joining fees and a 0% interest plan for 12 months on insurance payments, providing greater flexibility and convenience.
As part of this partnership, Micro Cars will be extending a series of exclusive offers for the popular MG ZS MCE, the CHERY TIGGO4 PRO, TIGGO Cross Hybrid & the TIGGO 9 PHEV SUV. Customers purchasing the luxury HIGER Buses will also be given special offers, adding further value to their investment.
Micro Cars (Pvt) Ltd, established in 1995, is Sri Lanka’s first and only national automobile manufacturer and operates under Micro Holdings. Over the years, the company has designed, assembled, and marketed a diverse range of vehicles including compact cars, SUVs, buses, and commercial vehicles, while building strategic partnerships with global brands such as MG, Chery Ssangyong, Geely, and Higer. Today, Micro Cars continues to strengthen the nation’s automotive landscape through innovation and trusted mobility solutions.
The MoU reflects a shared commitment by Sampath Bank and Micro Cars to deliver customer-focused solutions that combine financial innovation with trusted automotive offerings, ensuring greater value and accessibility for Sri Lankan vehicle buyers.
Photo Caption: Mr. Asela Lihinikaduwa, Group Director – Micro Cars (Pvt) Ltd (Fourth from Left) and Mr. Deepal De Silva, Chief Operating Officer, Sampath Bank (Sixth from Right) exchange the agreement in the presence of representatives from both institutions.
