DFCC Vardhana Bank’s Ranwarama offers low interest rates

Friday, November 06, 2009, Colombo

DFCC Vardhana Bank (DVB), the everyday banking unit of DFCC Bank, with its newly enhanced Ranwarama Pawning product – now offers customers the best pawning option in the market. Offering the highest advance rate per carat of gold Ranwarama also offers customers an attractive interest rate of 1.39% per month. Ranwarama offers the most competitive prices on gold, for instance; a rate of Rs.24,500 is offered for 24 karat gold and Rs. 22,000 for 22 karat gold.

Available at almost all bank branches islandwide - the newly enhanced ‘Ranwarama’ pawning product not only offers the most competitive rates in the Commercial Banking industry, but also offers greater flexibility with unmatched safety for your jewellery. State-of-the-art technology is used to guarantee the best value for your gold while ensuring complete confidentiality for your pawned items. A key feature in DVB’s Ranwarama pawning is the ability to pay and redeem your jewellery without any prior notice to the bank.

DVB’s pawning facilities have also been expanded to the following branches: Nugegoda, Kurunegala, Peradeniya, Ratnapura, Anuradhapura, Gampaha, Badulla, Maharagama, Bandarawela, Negombo, Kottawa, Dambulla, Wattala, Kuliyapitiya, Panadura, Piliyandala, Kalutara, Kiribathgoda, Kadawatha, Gampola, Matale, Chilaw, Wellawatta, Horana, Galle, Nuwara Eliya and Avissawella.

The Ranwarama pawning facility was established in order to provide ease of mind to customers in times of urgent monetary requirements. With the redesigning of the Ranwarama pawning facility, DVB once again assures its customers of their commitment to understanding their needs and providing them with value added products so as to better serve them.

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