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About Vehicle Leasing
LB Finance Vehicle Leasing is designed for individuals, businesses, self-employed customers and corporate entities who want to obtain a vehicle through a structured monthly rental plan. The facility can be used for registered or brand-new vehicles, giving customers the flexibility to select the option that suits their transport or business needs.
Customers can enjoy an affordable monthly rental over a minimum period of 1 year, with the repayment period customizable according to their requirement. Leasing solutions for registered or brand-new vehicles.
- Suitable for individuals, professionals, businesses and corporate entities.
- Affordable monthly rentals with a minimum repayment period of 1 year.
- Repayment period can be customized based on customer requirements.
Why Choose LB Finance?
- Flexible Vehicle Options
- Lease registered or brand-new vehicles based on your requirement.
- Customizable Repayment Period
- Select a repayment period that aligns with your income and cash flow.
- Affordable Monthly Rentals
- Manage vehicle ownership through structured monthly rental payments
- Available for Multiple Customer Types
- Individuals, sole proprietors, partnerships and corporates can apply.
- Trusted Legal Framework
- Vehicle leasing facilities are governed under the Finance Leasing Act No. 56 of 2000.
Who Can Apply?
- Sri Lankan citizens over 18 years of age.
- Individuals with valid NIC, Driving License or Passport.
- Sole proprietors with business registration and income documents.
- Partnerships with business registration and consent of all partners.
- Corporate customers with company registration, Form 41 or Form 1/20, and board resolution.
Documents You'll Need
- Identification proof: NIC, Driving License or Passport.
- Address proof: NIC, utility bill or Grama Sewaka Certificate.
- Income proof: salary slips, bank documents, financial statements or other income proof.
- Guarantor details: identification proof, billing proof and income proof.
- Vehicle documents: supplier invoice, revenue licence and tax receipts, duplicate key, valuation report and certificate of registration.
- Completed application form.
How to Apply in 3 Simple Steps
1
Apply Online or Visit Branch
Start your leasing inquiry through LB Finance or visit the nearest branch.
2
Submit Documents
Provide identification, income, guarantor and vehicle-related documents.
3
Get Approved & Drive Away
Complete the approval process, sign documentation and begin your repayment plan.
Frequently Asked Questions
Vehicle Leasing can be used for registered or brand-new vehicles, depending on customer requirements and eligibility.
The minimum repayment period is 1 year. The full period can be customized according to the customer requirement.
Individuals, sole proprietors, partnerships and corporate customers can apply, subject to eligibility and documentation.
Yes. The asset can be replaced during the repayment period if both LB Finance and the lessee agree.
A penal rate of 3.75% p.m. applies after a 3-day grace period.
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