Tharindu Wanniarachchi

MMahindra IDEAL Finance is the fastest growing Non-Bank Financial Institution (NFBI) in the country, which started operations on 27th March 2012 at its registered office at 299, Dr. Colvin R De Silva Mawatha, Union Place, Colombo 02. Mahindra Ideal Finance Limited is licensed by Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, and also registered under the Finance Leasing Act No.56 of 2000. Mahindra IDEAL Finance holds an “AA-(lka) Outlook Stable” rating from Fitch Ratings Lanka, while also having achieved the title of “Great Place to Work” for 4 consecutive years. The Company’s welcoming open culture, dynamism and adaptability to quickly changing market conditions also earned it’s title of “Great Place to Work for Millennials” in 2022 Mahindra & Mahindra Financial Services Ltd, India’s leading NBFC (Non-Banking Finance Company) has entered into a joint venture with Ideal Finance Ltd., a fully owned subsidiary of the leading Sri Lankan conglomerate, Ideal Group. The joint venture will capitalize on Mahindra Finance’s 25-year expertise in the financial services domain and Ideal Finance’s domestic market knowledge to build a leading financial services business in Sri Lanka. Assuring the highest return for all its clients’ needs and investment, its services extend to providing as Leasing, Fixed Deposits with higher interest, Business Loans, Vehicle Loans, Gold Loans and Ideal Drafts while consistently recording sustainable annual growth. . MIFL has thirty-one branches and over the past years, Mahindra Ideal Finance has provided value added financial services to Sri Lankans through its island-wide branches with a strong team of dedicated employees.