Seylan Bank Partners with GS EVO Motors for Dedicated EV Leasing 📈

Seylan Bank PLC has signed an MoU with GS EVO Motors Ltd. to provide specialized leasing solutions for electric vehicles (EVs), targeting the growing demand for sustainable mobility and green financing in Sri Lanka. • Leasing Terms & Rates: The facility offers competitive interest rates starting from 10% (A.I.R) with flexible repayment periods extending up to seven years. • Efficiency & Accessibility: To streamline ownership, the partnership guarantees a 24-hour fast-track approval process. Seylan Bank’s islandwide branch network will provide doorstep support and complimentary consultations. • Strategic Impact: This initiative focuses on the banking and automotive sectors, facilitating the national transition toward environmentally responsible transport by making EV financing more accessible to a broader consumer base. • Key Stakeholders: The collaboration merges GS EVO Motors’ EV portfolio with Seylan’s retail banking expertise to simplify the purchase-to-financing pipeline.