LOLC Finance launches door-step Savings Cash Collection Service
View(s):LOLC Finance PLC recently unveiled yet another cutting-edge financial service that provides a high degree of convenience and security to its customers. The ‘LOLC Finance Savings Cash Collection’ service offers the unparalleled convenience of depositing cash to the customer’s savings account without having to visit the branch, the company said in a media release.
An LOLC Finance officer accepting cash from a customer and depositing it instantly through a POS machine
The LOLC Finance officer will visit the client at his/her doorstep to accept the cash and it will be credited instantly to the customer’s savings account through a POS (point-of-sale) machine. The account-holder will receive an instant SMS alert confirming the fund transfer. The customer can also check the Real Time fund transfer through the Real Time App, it was noted.
Aimed at promoting a savings culture, the ‘LOLC Finance Savings Cash Collection’ service is a convenient option that reduces the risk of carrying and keeping cash as well as not having to go through the hassle of travelling to a branch. The service is offered free of charge and is supported by a 24-hour call centre.
The ‘LOLC Finance Savings Cash Collection’ service will immensely benefit both the individual savings account-holder as well as business owners said, Director/CEO of LOLC Finance, Ashan Nissanka, elaborating on the new solution. “It will save their time spent on travelling to and from the branch. Our island-wide network of 141 locations will facilitate the Savings Cash Collection service which has been designed to nurture the habit of savings amongst our customers.”