Products & Services

Investments

Savings

Central Finance Savings

Upto 7.00% p.a.


Depositors who are 18 years of age and above can enjoy a higher rate of interest with all other facilities. Higher the savings balance higher the interest rate.

The account can be opened with a minimum balance of Rs.1, 000/=

Central Finance Lamaa Savings

Upto 7.50% p.a.


Children below the age of 18 years can enjoy special interest rates which are higher than regular savings rates. The child would receive a range of exciting gifts depending on the account balance.

The account can be opened with a minimum balance of Rs.500/=

Central Finance Excel

Upto 8.00% p.a.


This is the ideal savings account for depositors who are expecting to save more and gain more with high returns. Depositors have the option of depositing cheques, requesting cheque refunds without any charge.

The account can be opened with a minimum balance of Rs.10, 000/=.

Central Finance Super Savings

Upto 7.00% p.a.


CF Super Savings is for high value savers who wish to have more from their savings. The desired sum could be retained in your savings account and the balance could be transferred to a Fixed Deposit for a specified period and amount of your choice. This process will be effected automatically and the said balance will be maintained in your savings account while you would enjoy interest on your Savings account & Deposit.

The account can be opened with a minimum balance of Rs.1, 000/=.

Central Finance Senior Citizen savings

Upto 7.50% p.a.


This Savings Account is meant for savers who are 55 years of age and above. With high returns and other benefits this account is ideal for those who want a secure a flexible way to invest their funds.

The account can be opened with a minimum balance of Rs.1, 000/=.

Deposits

Central Finance Term Deposits

Upto 14.50% p.a.


This is a standard deposit scheme where deposits could be placed for a fixed period of time ranging from 9 Months to 60 Months. Depositors have the option of receiving their interest either monthly or maturity.

Minimum deposit value is
Rs.5, 000/=.

Central Finance Ultra Deposits

Upto 14.50% p.a.


This product provides the flexibility to invest in small-value deposits to suit your budget. The minimum deposit accepted under this scheme is determined time to time according to the variation of interest rates. Interest is paid only at maturity and the period of deposit ranges from 12 to 60 months.

Minimum deposit – Will vary according to the current interest rates

Central Finance Senior Citizen Deposits

Upto 15.50% p.a.


This is a special deposit scheme introduced for savers who are 55 years of age and above offered with high returns and special benefits. Interest will be paid monthly or at maturity.

Minimum deposit value is
Rs.5, 000/=.

Central Finance  Excel Deposits

Upto 10.75% p.a.


This is a short-term deposit scheme which permits the depositor to choose a deposit period ranging from 1 month to 6 months. Interest will be paid monthly or at maturity.

Minimum deposit value is
Rs.5, 000/=.

Central Finance Optima Deposits

Upto 14.00% p.a.


This is a benchmark product in deposit mobilization where the depositor has the option of selecting the period of deposit from 30 days to 1825 days. Interest is paid only at Maturity.

Minimum deposit value is
Rs.1, 000/=.

CF Visa Debit Card

Central Finance Debit card

CF VISA Debit Card offers you more convenience and recognition for your savings account with multiple transaction channels. Exclusive for all CF Savings account holders, it is available 24 x 7 x 365. CF Visa Debit Card not only allows ATM transactions such as cash withdrawals and balance enquiries, but also allows you to make purchases at supermarkets, shopping malls, restaurants and many more merchant networks locally and internationally.

Vehicle Purchase

Careka.lk

Central Finance Fleet Hire

Careka.lk is a leading online destination that allows you to Buy, Sell, Trade and Lease / Finance any type of vehicle, across the country, anytime, anywhere and absolutely free of charge. Posting an advertisement on Careka.lk is so convenient and takes less than 2 minutes to advertise your vehicle for sale, online.

We are the only online trading platform in the island that offers you physical vehicle sales outlets in Malabe, Panadura and Nittambuwa, in addition to a virtual trading platform, to make your experience both informative and enjoyable. The vehicle sales outlets offers you the widest range of vehicles under one roof.

Moreover the ‘get your direction service’ on Careka.lk, allows you to select more than one vehicle and get the shortest route to the location of the vehicle via GPS (a feature that is a first in Sri Lanka). Furthermore this is only online platform in island that allows you to compare vehicles and its features at once.

Park & Go

Park & Go is a new addition to the existing product range of CF, Park & Go is a novel concept that was launched with an aim of addressing the increase in demand for vehicle trading in Sri Lanka which includes selling, buying and trade-in facilities sought by both vehicle sellers and vehicle buyers alike. The vehicle outlets are located at Malabe, Panadura & Nittabuwa.

Financing

Leasing

Central Finance Leasing

Spearheading the leasing industry in Sri Lanka for more than 60 years, we offer flexible facilities that enable you to finance a wide variety of vehicles and equipment with minimum lead-time.
Currently financing cars, buses, lorries, three wheelers, jeeps, tractors, agricultural machinery, construction machinery and equipment, we assist you to either acquire brand new and reconditioned assets or re-finance used vehicles and equipment.
Helping you fund your working capital and urgent financial needs, we offer a documentation and evaluation process that is simpler and quicker than those of traditional forms of financing. Our leasing facilities can also be structured to suit seasonal and uneven cash flow cycles.
An island-wide network of branches makes it easier for you to contact us for your leasing requirements. As a further convenience, we offer you the option to make repayments at any one of our branches across the country

Business Loans

Business Loans

Central Finance offers flexible funding solutions for your business in order to meet your working capital requirements, purchase of machinery or business expansion projects.

For further details please contact the SME and Business Finance Department on 0112315038 (Colombo) or 0812234234 (Kandy). You can also submit your application to us online by completing the form attached below and emailing it to dulinis@cf.lk

Micro Finance

Micro Finance

The Company’s first microfinance scheme CF Navodya was launched in 2009. This project initially concentrated on three village units in Dambulla, Keppetipola and Sooriyawewa and was later expanded to include eighteen MF units spanning across the Central, Sabaragamuwa, Wayamba, Northern, North Central and Eastern provinces.

CF grants loans to individuals as well as members of loan groups under the Navodya scheme. Loan groups are also set up for the females in the community with the aim of inspiring them to channel their skills towards an income-generating project that improves their lives for the better. The Company also organises entrepreneur development programs to provide technical and advisory services for communities to educate them on how to manage their projects better.

Central Finance is proud to have enriched the lives of over 2000 families so far, by granting over 4000 loans.

CF Navodya is targeted at assisting men and women involved in agriculture, animal farming, fishing, cottage industries such as woodwork, cement-based products and sewing and any other viable economic activity to develop their trade and increase their income.

CF Navodya also introduced a specialized loan program for dairy farmers loans for the purpose of purchasing cattle, developing infrastructure and implementing pasture cultivation and bio-gas systems. The company also assists tea small holders in the Sabaragamuwa Province to carry out developments on their tea plots such as replanting, construction of culverts, drains and retaining walls.

Vehicle Hire

Fleet Hire

Central Finance Fleet Hire

Fleet Hire is a convenient and cost-effective way to finance any vehicle of your choice. Furthermore it’s the only method of vehicle acquisition that does not appear on your company’s balance sheet. With just one regular monthly payment, you can choose between 2 comprehensive packages, one that includes on-the-road maintenance and one that does not.

Benefits of choosing a vehicle with on-the-road maintenance:

Central Finance Budget Hire

Rs. 1,450/-

per day + 15% VAT

Alto 800 cars - Rs.2,250/- per day inclusive of taxes

  • Manual transmission
  • Daily rental
  • Air conditioned Maruti 800CC
  • Self drive

Central Finance Whizz

Rs. 2,589/-

per day + 15% VAT

Easy rental of Suzuki A Star cars with Automatic Transmission

  • Automatic Transmission
  • Daily rental
  • Air conditioned fleet
  • Self drive

Central Finance Short Hire

Rs. 2650/- to Rs. 5000/-

per day + 15% VAT

Hire of a range of pre-owned cars available at varied daily rentals

  • Daily rental
  • Air conditioned Sedans
  • Price depends on model of car Automatic or manual transmission
  • Self drive

Insurance

CF Insurance Brokers Pvt Ltd

CF Insurance Brokers (CFIB) is a wholly owned subsidiary of Central Finance Co. PLC, established in 1986.

When the concept of insurance broking was recognised in the local market by the Control of Insurance Amendment Act No. 42 of 1986, Central Finance was among the first to become involved in the industry. Within a decade, the insurance business handled by the Company had reached such proportions that a separate organisation, CFIB was established in 1996 to provide first-class insurance broking service to clients.

CFIB stands committed to a high standard of excellence in all that it does. CFIB’s philosophy is to establish a firm relationship of mutual trust and service with each of its clients through expert advice and a personalised service of the highest quality.

CF Insurance Brokers Pvt Ltd

Personal Insurance

Our trained advisors will introduce you to a range of products designed to protect you on a day-to-day basis.

  • Motor Insurance
  • Household Insurance
  • Personal Accident Insurance
  • Health and Surgical Insurance
  • Life Insurance
  • Travel Insurance
CF Insurance Brokers Pvt Ltd

Corporate Insurance

Our experienced team of brokers will advice you on how best to safeguard your business and arrange protection over range of industry sectors.

  • Motor Insurance
  • Property Insurance
  • Employee Protection Insurance
  • Liability Insurance
  • Engineering Insurance
  • Marine Insurance

Our Services

Central Finance Services Map

Our expansive branch network enables us to serve customers across Sri Lanka. Our services are provided at no cost to our clients and include:

Obtaining the best possible terms and rates for our clients, and providing a highly competent after-sales service thereafter, including assistance in claims

Assisting in Risk Evaluation and Minimisation – Once we have examined your existing insurance arrangements in relation to the risks which your organisation is likely to be exposed to, we will make a submission for your consideration.

Overseeing Market Connections – We have a distinct advantage, particularly in specialised and large risks as we work in collaboration with reputable international reinsurers and brokers. In cases of specialised risks and those where the local tariff does not apply, we are able to obtain the best quotations worldwide and place the business with a local insurance company of the client’s choice. We are also able to obtain covers that are not marketed locally and place them through a local Insurer