No interest scheme on hire purchase

The LOLC Group and Brown and Company PLC will offer customers of LOLC Micro Credit Ltd (LOMC) and Lanka ORIX Finance PLC (LOFC), a zero percent interest scheme to purchase an array of Browns branded lifestyle items during the festive season.

This scheme provides customers a choice of over 50 household electronic items, auto and agri equipment of reputed global brands, from Browns showrooms and authorised agents islandwide.

The items purchased can be paid on interest-free monthly instalments, ranging from six to 15 months, without an initial payment or guarantors.