Lanka ORIX Finance Company, a member of the LOLC Group, announced the opening of two of its new dedicated pawning services centres, LOLC Ran Savi, in Kotahena and Grandpass. The aggressive branch expansion plan of the Company boasts an initial start up campaign of 09 dedicated LOLC Ran Savi centres to be opened in strategic locations across the country, within the month.

With greater attention given to the convenience of the customer, all the LOLC Ran Savi centres will be opened throughout the week from 8.00am to 6.00pm and to 12.30pm on Sundays.

Known for its innovative and personalized care, the LOLC Group, realizing the prompt short – term cash requirements of the modern day customer, has launched the dedicated LOLC Ran Savi centres to meet these financial requirements efficiently. Whilst ensuring convenience and reliability at all times, customers with limited time to spare but with immediate cash requirements can now access LOLC Ran Savi services even after working hours, including the weekends.
LOLC Ran Savi offers a highly attractive cash advance rate of Rs. 36,000 per sovereign -the highest in the market at present -with a minimum interest rate starting from 1% per month. In measuring the Gold content, which is done by the use of densimeters, and in the case of items requiring the use of traditional methods of measurement, great care is taken to ensure that no damage will be caused to items pawned.

The Chief Officer Branch Network, Mr. Ashan Nissanka stated, “With the 09 LOLC Ran Savi centres, the total reach of the LOLC Group – which includes its main branches, the Isuru Diriya Post Office Centers, Islamic Financial Services Centers and the LOLC service outlets at LIOC fuel stations – will reach an impressive total of over 100. The LOLC Group’s reach has expanded widely within a relatively short period of time. We see great opportunities through our new pawning centres too. We have customized our products to ensure a maximum service and convenience to all our customers with immediate cash requirements