HNB Finance’s Gold Loan facility now offered at key locations in Northern and Eastern Sri Lanka

HNB Finance Managing Director/ Chief Executive Officer 

B. M. D. S Prabath being welcomed by an HNB Finance employee

Receiving a transaction from a customer

Expanding its umbrella of services across the island, Sri Lanka’s leading integrated financial services provider HNB Finance announced the launch of the gold loan facility in Vavuniya, Trincomalee, Kantale, Dambulla, Polonnaruwa and Dehiattakandiya. 

Ideal for customers seeking to mobilise funds at short notice, the gold loan facility was initially launched at HNB Finance’s branches in Kirulapone and Rawathawatte. A special door to door awareness program was also conducted to introduce the new facility in the districts as a part of the financial service provider’s goal to offer a wide range of services and products to untapped market segments in the country across its network of 48 branches and 21 service centres. 

HNB Finance offers the highest value for the lowest interest rates for all loans backed by 22 carats of gold as collateral, in addition to customised flexible payment facilities such as instalment or bulk payments. Additionally, customers will also be provided with the option of releasing gold without prior notice or renewing gold loans at any given time in order to suit any requirement. 

“At HNB Finance, we believe in going above and beyond the scope of services and products offered by a traditional financial institution. Therefore, we provide the best interest rates to loans that are dispersed within a short period of time. We also do our absolute best by the customer before auctioning unreleased gold. The union of value added services and responsible financial practices, has earned us the trust of our growing customer base and has allowed us to serve them with better financial solutions,” HNB Finance Managing Director/ Chief Executive Officer B. M. D. S Prabath said, speaking of the opening of the gold centres.  

Offering up to 80% of market value on gold, HNB Finance is currently the only financial service provider to release funds for gold at the minimum weight of just 1 gram with the option of choosing a repayment method of 7 days, three months, six months or even a year. 

Equipped with state of the art equipment, the company’s highly experienced staff is fully geared to ensuring the highest quality service on all gold loans, with special protocols in place to ensure that all gold inspected is left in the most secure care and returned completely undamaged. 

The Gold Loan Facility is available at the Trincomalee branch office situated at 124/2, Main Road, the Kantale branch office situated at 58-G, Agrabodhi Mawatha, the Vavuniya branch office situated at 65/A/1, First Cross Street, the Polonnaruwa branch office situated at 57/4, Batticaloa Road, the Dambulla branch office situated at 818, Dambulugama Junction and the Dehiattakandiya service centre situated at No.5 New town.   

HNB Finance Managing Director Chaminda Prabath along with HNB officers participated in the ceremonies held to announce the availability of the new facility. 

Established in 2000, HNB Finance Limited is licensed as a registered Finance Company by the Monetary Board of the Central Bank of Sri Lanka. Maintaining an extensive island-wide presence across 48 branches and 21service Centres with the power of Hatton National Bank’s 650 ATM machines, HNB Finance has over the recent past expanded into new fields of business and now offers Small and Medium Enterprise (SME) Loans in addition to savings, gold loans, fixed deposits facilities and leasing products.