DFCC Bank has taken a significant step to support its customers amidst challenging times. Accordingly, in line with the Central Bank of Sri Lanka’s (CBSL) revision of policy rates, interest rates on ‘DFCC Ranwarama’ pawning facilities have been significantly reduced.
This move aims to provide much-needed financial relief to those facing urgent cash requirements by offering the lowest interest rates in the market for pawning advances.
DFCC Ranwarama customers can now enjoy the most competitive interest rate of 1.48 percent per month for pawning 24-karat gold and gold jewellery items, and 24-karat pieces can provide access to up to Rs. 110,000 per sovereign. These unbeatable interest rates and generous advance values, which are also the best in the market, ensure that customers have quick and easy access to funds without incurring high charges.
DFCC Ranwarama also provides maximum flexibility with up to 12 months to settle pawning advances, guaranteed confidentiality, and utmost security for valuables, providing customers with unmatched peace of mind.
Commenting on the rate reductions, Asiri Iddamalgoda – SVP – of Retail Banking and SME at DFCC Bank said, “We are pleased to provide much-needed relief to our customers with our sharply reduced interest rates on pawning facilities, aligning with the recently revised CBSL policy rates.
We understand the financial challenges many of our customers face, and that’s why DFCC Ranwarama is designed to provide a convenient and transparent pawning solution. Furthermore, we take pride in offering the best interest rate in the market, combined with our signature customer service, to assist our valued customers with their financial needs.”
