People’s Leasing offers ‘Hithamithuru’ to support private bus owners

Sujeewa Rajapakse, Chairman People’s Bank and People’s Leasing & Finance PLC (4th from left) ,  Shamindra Marcelline, Chief Executive Officer /General Manager People’s Leasing & Finance PLC (3rd from right)  and the senior management at the ‘Hithamithuru’ launch 

People’s Leasing & Finance PLC (People’s Leasing) recently launched ‘Hithamithuru’ financial relief scheme. 
‘Hithamithuru’ was introduced as the company’s contribution towards the national need to restore the private passenger transportation service that was adversely affected due to the pandemic. People’s Leasing started its business operations in 1996 providing leasing solutions for the improvement of private passenger transportation of the country enabling a comfortable private passenger transport service to the public. However, due to the prevailing pandemic situation, most of the private passenger transport owners are financially distressed as they were not able to operate their buses for months. 
In the above context, People’s Leasing launched ‘Hithamithuru’ financial relief scheme to provide relief for the pandemic affected private passenger transport owned customers of the company. ‘Hithamithuru’ scheme is offered as a payment deferral programme with concessionary interest rates. As we mark the 25th milestone of our corporate journey, it is our unique way of strengthening the financially distressed private passenger transport owned customers. We also consider it as our true corporate social responsibility towards uplifting private passenger transport owners,” stated Shamindra Marcelline, Chief Executive Officer/ General Manager of People’s Leasing. ‘Hithamithuru’ financial relief scheme offers the benefits such as concessionary interest rate of 4 percent - 6 percent, relief payment period of 6 - 12 months, provision for the customers to continue their rental payments at the previous repayment rate after the relief payment period, Hassle free quality service by a dedicated centralised team, simple and minimal documentation, one-day service and no additional charges.