DFCC Bank has increased the advances of its “DFCC Ranwarama” Pawning Facility as a solution for families to meet their urgent cash requirements, as families are experiencing financial difficulties due to the Covid-19 outbreak that has had a significant impact on the Sri Lankan economy.
Through this scheme, all Sri Lankan citizens over 18 years of age with the contractual capacity to declare themselves as owners of the articles can now pawn gold or gold jewellery.
DFCC Bank accepts jewellery made of 18 and 24 karat gold, with the articles being assayed using the latest available equipment. Items of 24 karat will hold an advanced value, while 22 karat pieces will also hold an advanced value, at an interest rate of 0.75% per month.
Those who engage in these transactions are provided a maximum of 12 months to settle the pawning advances at their convenience.
DFCC Bank’s Ranwarama Pawning Facility offers many other special features including the highest advance amount at competitive rates of interest, confidentiality and guaranteed security for the articles, flexible payment plans with redemption options when required and redemption without prior notification. All of these facilities are available with no hidden charges, offering customers the best service available in the market.
You may visit a DFCC Bank branch closest to you to transact or visit the Bank’s website at www.dfcc.lkfor further information.
DFCC Bank is a full-service Commercial Bank with a legacy of 65 years as one of Sri Lanka’s foremost financial conglomerates that offer a range of commercial and development banking services.
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