NDB Bank offers gold loans

NDB Bank reaffirms its role as a trusted financial partner through its longstanding and reliable Gold Loan facility, the bank said in a media release.

Gold continues to be one of the most trusted personal assets for Sri Lankans, and in times of urgent cash requirements, it often becomes the go-to source of stability. NDB Bank’s Gold Loan service is built on the understanding that financial difficulty can affect anyone, and the solution must come with empathy, security, and flexibility. At the heart of the offering is a customer-first structure that includes the lowest monthly interest rate in the market at just 0.88 per cent, zero service charges for both pawning and redemption, and flexible installment-based repayment options that ease the burden on customers. Importantly, NDB allows for redemption of gold without any prior notice and ensuring the customer remains in control of their financial journey at all times.

All gold valuation is carried out using advanced technology-driven systems, managed by a team of highly trained professionals. Customers can rest assured that their gold is secure, and that every aspect of the transaction is handled with utmost accuracy and care, with 99 NDB branches islandwide.

Since its inception in 2005, the Gold Loan service has earned the trust of tens of thousands of customers. Amila Edirisinghe, Manager of NDB Gold Loan Services, noted that much of the bank’s success in this sector has come through organic growth and word-of-mouth referrals. “Our commitment isn’t just to provide a loan, it’s to stand by our customers in their most crucial moments. Many who experience our service return with friends and family. That trust is what defines us.”