Finance

People’s Leasing & Finance Launches GoldCash Card: A Gold-Based Credit Solution

People’s Leasing & Finance PLC, a trusted name in Sri Lanka’s non-banking financial sector, has introduced the GoldCash card, an innovative financial tool available to customers from October 1. This new product offers a convenient, flexible, and secure method for individuals to leverage their gold assets for credit.

Speaking on the launch, CEO Sanjeewa Bandaranayake remarked, “The GoldCash card reflects our commitment to delivering innovative financial solutions tailored to the diverse needs of our customers. It offers seamless accessibility, flexibility, and security, enabling individuals and businesses to manage their finances effectively while accessing gold loans with ease.”

Chairman Pradeep Amirthanayagam added, “The GoldCash card is a result of our Chairman’s Award initiative, which encourages innovative ideas from within our organisation. This product exemplifies our dedication to internal growth and innovation.”

The GoldCash card also promotes environmental sustainability with a paperless, digitised loan application process. Customers can manage loans, check balances, and make payments through an app, reducing paperwork and branch visits. Its revolving loan facility allows for borrowing, repayment, and reborrowing, with flexible repayment options and automatic loan renewal, ensuring maximum convenience.

Security remains a top priority, with customers able to manage their loans and spending online, reducing the need to carry large amounts of cash. The card is particularly beneficial for small business owners, retirees, housewives, and those with irregular incomes, allowing them to increase their loan limits by adding more gold.

With the GoldCash card, People’s Leasing & Finance continues to innovate and meet the needs of its diverse clientele, solidifying its reputation as a trusted financial partner for all Sri Lankans.

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