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Mahindra Ideal Finance expands vehicle financing reach through strategic partnership with Indra Traders

The Island

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September 10, 2025

Mahindra Ideal Finance Ltd. (MIFL), a licensed non-bank financial institution regulated by the Central Bank of Sri Lanka, signed a Memorandum of Understanding (MoU) with Indra Traders (Pvt) Ltd., one of Sri Lanka’s largest multi-brand vehicle distributors, to introduce comprehensive leasing offerings for vehicle buyers across the country.

Mahindra Ideal Finance expands vehicle financing reach through strategic partnership with Indra Traders

The agreement was formalized on 15 August 2025, in Colombo.

The partnership brings together MIFL’s multi — brand vehicle financing capabilities and Indra Traders’ extensive vehicle portfolio to deliver affordable, seamless and value-driven leasing solutions for customers purchasing registered and unregistered vehicles.

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