NDB BANK
NDB Bank Partners with DIMO to Expand Affordable Leasing Solutions for Passenger and Commercial Vehicles
NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO, a leading diversified conglomerate in Sri Lanka, to extend affordable and accessible leasing facilities to a wide spectrum of customers. This partnership reflects NDB’s continued focus on enabling mobility and empowering individuals and businesses through flexible, customer-friendly financial solutions.
Through this collaboration, customers can now access DIMO’s renowned range of passenger vehicles including Mercedes-Benz and Tata together with tailor-made leasing solutions from NDB. With quick approvals, minimal documentation, no guarantor requirements, and repayment plans designed to meet diverse customer needs, NDB ensures that customers can drive home their dream vehicle with unmatched convenience. The Bank’s wide branch network and specialized leasing centres across the island, supported by dedicated leasing officers, further strengthen this offering by providing end-to-end support and accessibility.
The partnership also extends to DIMO’s robust Tata commercial vehicle range, which has long been trusted by Sri Lankan entrepreneurs and enterprises for durability and performance. NDB’s structured leasing solutions for commercial vehicles are specially designed to support SMEs and corporates, offering affordable financing options that ease the acquisition of essential transportation for business operations.
Commenting on the partnership, Dilum Amarasinghe, Assistant Vice President – Leasing at NDB Bank, stated, “We are delighted to partner with DIMO, a household name in Sri Lanka’s mobility sector, to provide customers with seamless access to both passenger and commercial vehicles. Reliable transportation is a key enabler of growth for individuals and businesses alike, and through this collaboration we are empowering more Sri Lankans to move forward with confidence.”
Rajeev Pandithage Executive Director of DIMO said “DIMO has always stood for turning aspirations into reality by pairing world-class mobility solutions with trusted aftersales care. With NDB’s attractive financial solutions and DIMO’s trusted aftersales care, we are enabling customers to access their aspired vehicles with greater ease and peace of mind. Whether it is a family pursuing their dream car or a business strengthening its fleet, this partnership ensures a seamless ownership journey backed by DIMO’s unmatched service excellence across the island”.
By combining DIMO’s trusted vehicle portfolio and after-sales expertise with NDB’s innovative financial solutions, this partnership delivers an unparalleled mobility proposition for the Sri Lankan market, one that is reliable, affordable, and future-focused.
NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri Lanka’s Best Digital Bank for SMEs at Euromoney Awards for Excellence 2025 and was awarded Domestic Retail Bank of the Year – Sri Lanka and Sri Lanka Domestic Project Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.
