The Finance Company Limited

81 YEARS OF TRUSTED EXCELLENCE

Frequently Asked Questions (FAQs) on TFC Compensation Payment

Who are eligible to receive the Compensation payment of the TFC depositors?

Individuals, Business entities, Clubs & Societies.

What types of deposits are eligible?

All types of deposits and the nonvoting shares obtained by conversion of fixed deposits.

What is the amount they will be paid under the compensation payment scheme?

A maximum of Rs. 600,000/= per depositor.

Do the depositors get any interest for their deposits under the compensation payment?

All un-paid interest up to 22 May 2020 has been added to the deposit value. No interest will be paid after 22 May 2020.

Does the compensation applicable for share holders?

Yes. Only to the depositors who have converted their deposits in to Non-Voting shares of TFC Depositors can claim the amount by proving only their identity to the Peoples Bank. There is no need for submission of share certificates.

From where this compensation payment can be collected?

You can go to any of their nearest “Peoples Bank” branches for this purpose.

What are the documents that need to be submitted to Peoples‘ Bank?

Original FD Certificates/ Passbooks/ Identity Documents etc.

Can depositors who are currently abroad claim their compensation payment?

Yes. Such depositors can give a “Power of Attorney” to authorize a person in Sri Lanka to collect the compensation amount.

How the depositors can collect the balance left after the compensation payment of Rs. 600,000?

This will be announced after completing payment of compensation to all depositors.

If any issue arisen relates to the Compensation Payment, whom to be contacted?

Contact us over Hotline 0112-597610 or visit us during the business hours at The Finance Head Office, No 55, R.A. De Mel Mawatha, Colombo 04 or via e-mail “inquiry@thefinance.lk”.

How can the issues of Incorrect NIC no, Name and Address, loss of certificate, confirmation of nominee and stamped/ mutilated FD certificates be rectified in order to get the compensation payment?

The customer or a representative should call over at TFC Head Office with all available details/ documents to execute a document for rectification.

What to do if nominee details in the information available with the Peoples Bank (Paying Bank) are wrong?

Make a request to TFC Head Office. If such details had been provided to TFC by the depositor, TFC Head Office staff will collect such details from their branch concerned and provide the same to the Central Bank. The details will, in turn, be forwarded by the Central Bank to Peoples Bank for the payment.

Repayment Instructions for Loans/ Lease/ Hire Purchases/Pawned Articles/ Other Facilities

When should I pay my loan installment?

You must repay your due installments on or before the due date.

Where should I pay my loan installment?

You can deposits directly to our bank account stated below. You can also make an online bank transfer to the account given below.

BANK NAME : SEYLAN BANK PLC

BRANCH : MILLENIUM BRANCH

ACCOUNT NAME : THE FINANCE COMPANY LIMITED

ACCOUNT NO. : 086000040446001

SWIFT CODE : SEYBLKLX

You can also pay your loan installment to our head office at No.55, Lauries Road, Colombo 04.

What information should I write on the deposit slip/ on line payment form?

Your name, NIC and contract number/ vehicle registration number. If you do not write this information, it will be difficult to update your repayments. Note: It is important to obtain a receipt or an on-line payment advice for all these payments for record purposes.

How you can contact TFC for further details?

Call our dedicated hotline 0112-597610 or visit us during the business hours at The Finance Head Office, No 55, R.A. De Mel Mawatha, Colombo 04. Or e-mail the inquires to “inquiry@thefinance.lk”.

Collection Officers Contact Details

GENERAL INQUIRIES:

 Mr. Saman Prasanna (Head of Collections) - 0711 864018

 Mr. Nishantha - 0714 086248 (Northern and Eastern Province)

 Mr. Ruwan - 0711 864361 (Western Province)

 Mr. Chamara - 0714 086245 (Central & North Western Provinces)

 Mr. Asanka - 0716 813193 (Sabaragamuwa & Southern Provinces)

AREA-WISE OFFICERS:

 Alawathugoda Branch : Mr. Mahesh - 0715 344711

 Ambalanthota Branch : Mr. Shantha - 0714 606070

 Ampara Branch : Mr. Saman - 0710 734618

 Anuradapura Branch : Mr. Nawarathna - 0717 189326

 Avissawella Branch : Mr. Pushpakumara - 0704 858783

 Badulla Branch : Mr. Niroshan - 0719 673466

 Baduraliya Branch : Mr. Chaminda - 0711 864222

 Balangoda Branch : Mr. Nandika - 0711 864377

 Bandarawela Branch : Mr. Niroshan - 0719 673466

 Battcloa Branch : Mr. Saman - 0710 734618

 Chavakachcheri Branch : Mr. Sutharsan - 0713 988715

 Chilaw Branch : Mr. Anslem - 0714 086478

 Dambulla Branch : Mr. Mahesh - 0715 344711

 Dehiwala Branch : Mr. Asitha - 0713 914351

 Elpitiya Branch : Mr. Lakviru - 0711 864092

 Embilipitiya Branch : Mr. Shantha - 0714 606070

 Galewela Branch : Mr. Mahesh - 0715 344711

 Galle Branch : Mr. Anil - 0711 864357 Mr. Lakviru - 0711 864092

 Gampha Branch : Mr. Sanath - 0718 241847

 Hatton Branch : Mr. Niroshan - 0719 673466

 Haputhale Branch : Mr. Niroshan - 0719 673466

 Higurakgoda Branch : Mr. Palitha - 0711 864263

 Homagama Branch : Mr. Nandika - 0711 864377

 Horana Branch : Mr. Pushpakumara - 0704 858783

 Hyde Park Corner Branch: Mr. Osanda - 0711 864378

 Ja-Ela Branch : Mr. Rangajith - 0713 914316

 Jaffna Branch : Mr. Sutharsan - 0713 988715

 Kadawatha Branch : Mr. Rangajith - 0713 914316

 Kalutara Branch : Mr. Chaminda - 0711 864222

 Kandy Branch : Mr. Mahesh - 0715 344711

 Kegalle Branch : Mr. Mahesh - 0715 344711

 Kiribathgoda Branch : Mr. Rangajith - 0713 914316

 Kuliyapitiya Branch : Mr. Rohitha - 0710 993031

 Kurunegala Branch : Mr. Dilranga - 0711 456739

 Maharagama Branch : Mr. Asitha - 0713 914351

 Mahiyangana Branch : Mr. Lakmal - 0711 864193

 Malabe Branch : Mr. Asitha - 0713 914351

 Mathale Branch : Mr. Mahesh - 0715 344711

 Mathara Branch : Mr. Anil - 0711 864357

 Mathugama Branch : Mr. Chaminda - 0711 864222

 Modara Branch : Mr. Rangajith - 0713 914316

 Moratuwa Branch : Mr. Pushpakumara - 0704 858783

 Melsiripura Branch : Mr. Rohitha - 0710 993031

 Nawalapitiya Branch : Mr. Mahesh - 0715 344711

 Negombo Branch : Mr. Rangajith - 0713 914316 Mr. Anslem - 0714 086478

 Nelliady Branch : Mr. Sutharsan - 0713 988715

 Neluwa Branch : Mr. Lakviru - 0711 864092

 Nikawaratiya Branch : Mr. Rohitha - 0710 993031

 Nittabuwa Branch : Mr. Sanath - 0718 241847

 Nugegoda Branch : Mr. Asitha - 0713 914351

 Nuwara Eliya Branch : Mr. Niroshan - 0719 673466

 Piliyandala Branch : Mr. Nandika - 0711 864377

 Polonnaruwa Branch : Mr. Palitha - 0711 864263

 Ratnapura Branch : Mr. Nandika - 0711 864377

 Ruwanwella Branch : Mr. Nandika - 0711 864377

 Thambuttegama Branch : Mr. Nawarathna - 0717 189326

 Trincomalee Branch : Mr. Saman - 0710 734618

 Vavuniya Branch : Mr. Sutharsan - 0713 988715

Download Sinhala Version

How to obtain your Transfer Deed from The Finance Company Limited

All deed transfers of fully settled lands will be processed by a dedicated Notary Division at TFC Head Office located in No 55, R.A. De Mel Mawatha, Colombo 04 (Bambalapitiya).

What should you do to get your deed?

Fill a Deeds Transfer Request Form which is available at the front gate of TFC Head office or which is downloadable from our web site (www.thefinance.lk) and forward it by post or via e-mail to the above Legal Division to start processing the request. Officers at Notary Division will be in touch with you according to your contact details provided for the same.

What information is required for filling the above form?

Your name, national identity card number, contract/facility number, lot number, address and the date loan fully settled.

When will you be able to get your deed?

Priority will be given to the customers who have already paid stamp duties and relevant details of the land have already been received by TFC head office. Other deeds also will be prepared and given to customers accordingly after you send the details.

Whom should I contact to get information from TFC?

Contact us on our dedicated hotline 0112-597610 or visit us during the business hours at The Finance Head Office, No 55, R.A. De Mel Mawatha, Colombo 04. Or e-mail your inquires to “inquiry@thefinance.lk”.