DIMO ties up with Vallibel Finance
Vallibel Finance has partnered with Diesel and Motor Engineering PLC
(DIMO) to offer leasing options for Tata commercial and passenger
vehicles.
Through this partnership, Vallibel finance customers could purchase
Tata vehicles at a low interest rates and the down payment for Tata
vehicles will be low and affordable as well.

From left: DGM, Credit, Niroshan Perera, DGM, Business
Development, Chaminda Jayawardana, Managing Director,
Vallibel Finance, Jayantha Rangamuwa, Group CEO, Gahanath
Pandithage, Chief Operating Officer, Tata Division, Vijitha
Bandara and Regional Manager, Tata Division, Sampath
Kumarasinghe. |
With the increase in infrastructure projects in Sri Lanka, and the
need for dependable and cost effective transportation solutions, DIMO
believes attractive leasing packages such as these would benefit
contractors and owners to bring costs down.
With one of the lowest operating costs among commercial vehicles and
the islandwide availability of genuine spare parts and service
locations, Tata commercial vehicles are popular among contractors and
transporters.Vallibel Finance, a rising player in the leasing and
finance industry, was set up in 1974 and has a deposit base of over Rs
11 billion and 1.84% of credit portfolio of the total industry
portfolio.
DIMO has been one of the market leaders in the commercial vehicle
category in Sri Lanka for several decades.
Tata Motors India and DIMO have a strong relationship spanning 54
years, where TATA commercial vehicles have played a vital role in the
daily lives of many people.
DIMO operates more than 40 branches across the country and provides a
24-hour roadside assistance to all Tata customers anywhere in Sri Lanka.
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