LB Finance to bring Avurudu cheer with gifts galore

Monday, 18 March 2013 00:00 - - {{hitsCtrl.values.hits}}

By David Ebert

Finance stalwart LB Finance unveiled a massive Avurudu promotion this year, offering an exciting range of consumer products for its popular fixed deposits schemes. The promotion will see all deposits from Rs. 25,000 upwards made during the festive season receive valuable gifts along with attractive interest rates.

The offer will only be valid for accounts with a minimum investment of Rs. 25,000 for a minimum period of six months and the offering irresistible reasons to invest even more in its fixed deposits. The gift range announced for the promotion include LED televisions, home theatre systems, CD players, electric cookers, rice cookers, multi cookers, blenders tablet PCs wall clocks, exercise machines travelling bags, school bags and water jugs.

Speaking on the new Avurudu promotion, LB Finance Assistant General Manager Roshan Jayawardena said: “What makes the Avurudu promotion unique this time around and all the more exciting is that we haven’t compromised on the interest rates offered in order to give away gifts and in fact we offer the best interest rates possible as well as the exciting gifts.”

“There is something for everyone in the family and with the kind of investment you make; you determine what you take home. It’s simple. The more you invest the bigger the gift is,” Jayawardena added.

The company’s island wide network of 125 branches is now geared to handle the interest expected to be generated by the promotion, which the company thinks will serve as an incentive for people to save more.

LB Finance has a rich history of over forty years with a total deposit base of Rs. 36.5 billion and over 4,000 depositors invested currently in the company’s fixed deposits, giving it the number one spot according to the Central Bank of Sri Lanka.