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Cargills Bank expands ATM network

23 Sep 2015 - {{hitsCtrl.values.hits}}      


Cargills Bank CEO Prem Kumar declaring the Staples Street Off-Site ATM open


Cargills Bank CFO Prabhu Mathavan declaring the Rajagiriya Off-Site ATM open



In a drive to provide more convenience and ease to its customers, Cargills Bank has added four more ATMs to its network within the Colombo suburbs.
The four new ATMs will be operational at Cargills Food City premises in Staples Street, Rajagiriya, Wattala and Katubedda from the 23rd of this month bringing banking services to customers in these areas, bank officials said.

Prem Kumar, Chief Executive Officer, Cargills Bank ceremonially opened the first of these off-site ATMs at Cargills Food City, Staple Street. He said; the opening of the four off-site ATMs reflects the bank’s ongoing service commitment to our customers. The bank will continue to increase its customer touch points through various channels enabling customers to undertake their banking transactions with ease and convenience.

Prem Kumar also added that the bank aims to expand its proprietary ATM presence around the island which has now grown to 7, along with the 2500 ATMs customers could transact at thanks to Cargills Bank’s partnership with the Lanka Pay’s Common ATM Network. The “Lanka Pay” network allows customers of one bank to transact using an ATM of another member bank.  

Cargills Bank Limited is a fully-fledged commercial bank and has 3 branches presently, located at Colpetty, Maitland Crescent, and Old Moor Street and provides a range of services and products, including Current and Savings accounts, Fixed Deposits, Trade services and Treasury services. 

The Bank’s philosophy is to establish itself as an inclusive bank providing value propositions to all customers across all segments and is now on a path to building a unique banking culture.

Cargills Bank offers personal and business, savings and current accounts which provides added value to customers.

The Smart Saver, savings account is tailored to offer attractive benefits to the account holder at higher interest rates whilst the Cargills Bank Salary Savings Account – provides employees of companies with added benefits.   

The Bank has introduced a Home Loan product at an attractive interest rate of 9 percent p.a. This flexible loan provides funding to customers seeking to purchase or construct a house, purchase land, complete construction of a partially built house, renovate, modify or extend an existing house without undue delay and paper work.

The settlement period of the loan is based on the borrowers needs with a repayment period of between 5-20 years. It has the lowest legal fees and credit approval is granted within 3 days subject to all proper documentation being obtained from the applicant.

Cargills Bank’s personal loan scheme has been devised to alleviate short term financial constraints at an attractive rate of 9.5 percent.

Personal loans are for customers seeking to purchase household goods, furniture and fittings, meet wedding expenses, renovations or extensions to their homes or help them meet higher education costs.