PEOPLE’S LEASING
People’s Leasing & Nileka Jewellery Partner to Make Gold Jewelry More Accessible
People’s Leasing & Finance PLC (PLC) and Nileka Jewellery (Private) Limited announced a new partnership designed to help customers who purchase gold jewelry with flexible payment options. The two companies formalized the collaboration by signing a Memorandum of Understanding (MOU) at the People’s Leasing Head Office in Colombo, attended by senior management from both organizations. Representing People’s Leasing & Finance PLC were Mr. Sanjeewa Bandaranayake – Chief Executive Officer/ General Manager, and Mr. Udesh Gunawardena – Chief Operating Officer, while Nileka Jewellery (Private) Limited was represented by Mr. Thamidu Dasun – Director, Mr. Anushka Vithana – Area Sales Manager, and Mr. Duvira Ishan – Marketing Executive.
The partnership introduces the “PLC/NILEKA GOLD-SALE CAMPAIGN,” a scheme that allows PLC customers to buy gold articles without the need for a single, lump-sum payment. This initiative is designed to make high-quality gold jewelry more accessible and affordable.
Under the new scheme, customers can select their desired gold jewelry from displays at PLC branch locations. After making a 30% down payment to Nileka Jewelers, customers can then finance the remaining 70% with a special personal loan or gold loan from PLC. These loans offer flexible repayment plans of 3, 6, or 12 months.
In addition to the flexible financing, customers will receive a 5% special discount on all gold articles purchased through the campaign. The partnership also allows customers to exchange their 22kt old gold jewelry for new designs from Nileka Jewellery latest collections and provides access to their colored stone collection.
People’s Leasing & Finance PLC (PLC), is one of Sri Lanka’s leading non-banking financial institutions, offering a comprehensive range of leasing, loans, and other financial services. With an island-wide branch network and a strong reputation for trust, innovation, and customer-centric solutions, PLC has been a key contributor to the country’s economic growth for nearly three decades.
