14 May, 2023
Highlights of Wadi’ah gold safekeeping units being opened at PLC branch offices.
People’s Leasing and Finance PLC (PLC) added Wadi’ah Gold Safekeeping Facility to its product portfolio by opening three units at Puttalam Al-Safa, Park Street Al-Safa and Kandy Al-Safa Branch Offices.
Wadi’ah gold safekeeping facility is an alternative to a traditional gold loan and a convenient solution for financially distressed people during times of need. The facility offers the customer the benefit of obtaining an interest-free loan for emergency cash needs.
The gold safekeeping facility will be initially available at 75 gold loan operating branches island-wide and aims to make the facility available in the remaining four Islamic dedicated branches by the end of February 2023 for customers’ convenience.