People’s Leasing introduces ‘Senehasa Yaalu’ gift scheme in addition to Senehasa children’s account

People’s Leasing & Finance PLC is the leading non-bank finance company in Sri Lanka.

PLC’s ‘Senehasen Ithurum’ CSR program is coupled with the ‘Senehasa’ minor savings account with an annual interest of eight percent that being the highest annual interest paid for a children’s account in the country.

More recently the company introduced the ‘Senehasa Yaalu’ gift scheme for children wrapped with an attractive regular gifts program.

Under the ‘Senehasa Yaalu’ gift scheme, parents of the children (account holders) up to the age of 13 can deposit sums of money on a regular basis for the benefit of their children. According to the amounts deposited in ‘Senehasa Yaalu’ the minor account holders (children) will be entitled for attractive gifts.

For the amounts of Rupees 500, 1000, 2500, 5000, 10,000, 15,000 and 25,000 they are entitled to receive a Till, a Magic Till, children’s lunch box, children’s umbrella, computer mouse, 32 GB memory card and a Swiss Gear backpack.

Mr. Saman Liyanage, Chief Manager, Deposits and Savings Division, PLC commenting on the ‘Senehasa Yaalu’ gift scheme said, it is a subject of national importance to stimulate saving habits among children.

“PLC has introduced ‘Senehasa Yaalu’ gift scheme for children and now they can derive attractive gifts from time to time under this program on the sums deposited by their parents on a regular basis. This was launched to coincide with the World Children’s day. Children are already attracted to it. Parents of children up to the age of 13 are now eager to open ‘Senehasa Yaalu’ accounts for their children”, he said.

People’s Leasing was commissioned in 1995 as a wholly owned subsidiary of the second largest state bank in Sri Lanka, the People’s Bank.

Fitch Rating Lanka has assigned PLC a credit rating of AA- (lka) which makes PLC the highest rated Finance company in the country. PLC is the only Sri Lankan Finance company to have two international ratings of which one is equal to the Sovereign from Standard & Poor’s (‘B+/B’) and the other is one notch below the Sovereign from Fitch Rating International (‘B’).

PLC’s financial service product portfolio includes; leasing, fixed deposits, saving accounts, personal and business loans, margin trading, factoring and Islamic financial services.

People’s Leasing conglomerate consists of six subsidiaries namely, People’s Insurance PLC, People’s Microfinance Ltd, People’s Leasing Property Development Ltd, People’s Leasing Fleet Management Ltd, People’s Leasing Havelock Properties Ltd and its latest foreign venture Lankan Alliance Finance Limited.

The uniqueness of People’s Leasing is its strength and the stability to provide diverse financial solutions under one roof to its customers, thus enabling the customers to obtain convenient and customer friendly services.