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Paying Loan / Leasing Payments of People’s Leasing & Finance PLC via mCash

1. What is the new service launched with People’s Leasing & Finance PLC?

People’s Leasing & Finance PLC is another value addition for Loan/Leasing Institute payments via mCash.Customers of People’s Leasing & Finance PLC can pay their Loan/Leasing Re-Payments via mCash.

2.Who are eligible to do transactions via mCash?

Any People’s Leasing & Finance PLC customer can make a payment to People’s Leasing & Finance PLC.

3.How can customers pay their Loan/Leasing Re-Payments payments to People’s Leasing & Finance PLC?

Customers can make the payment to People’s Leasing & Finance PLC using below two options:

Option 1: Via Customer own wallet (mCash USSD and mCash app).

Option 2: Via mCash retailer network.

4.How can customers make their payments to People’s Leasing & Finance PLC via Customer own wallet?

Below are the steps need to follow for customers to pay their Loan/Leasing Re-Payments payments via mCash.

  • Step 1: Dial #111#
  • Step 2: Select # 5: Pay institutes.
  • Step 3: Select # 7: Loan/Leasing.
  • Step 4: Select # 14: People’s Leasing & Finance PLC.
    • Enter PIN (4 digits)
    • Enter Account Number
    • Enter Amount
    • Select # 95: Yes
    • Confirm/ A SMS will be sent upon confirmation.

5.How can customers pay their Loan/Leasing Re-Payments payments to People’s Leasing & Finance PLC via mCash retailer network?

Anyone can make their payments to People’s Leasing & Finance PLC using the following steps: (Retailer Process)

  • Visit the nearest mCash Retailer
  • Inform retailer that you need to make a payment to People’s Leasing & Finance PLC.
  • Inform Customer’s Account number for Loan/Leasing Re-Payments payment respectively.
  • Inform amount you wish to pay with customer’s contact mobile number.
  • A SMS will be sent upon confirmation

6.What is the maximum Amount that could be paid via mCash to People’s Leasing & Finance PLC?

Below are the maximum amounts that could be paid via mCash:

  • A Basic mCash Account holder the maximum transaction value per day is Rs 10,000.
  • An Enhanced mCash Account holder the maximum transaction value per day is Rs 50,000.
  • At the mCash Retailer level the maximum transaction value per day is Rs.250,000

7.What are extra charges for availing this service?

Loan/Leasing Re-Payments payments of People’s Leasing & Finance PLC via mCash is absolutely free of cost. Only the amount you are required to pay People’s Leasing & Finance PLC will be deducted from the mCash Account.

8.How to know if the payment is successful?

After each mCash Transaction a Confirmation SMS will be sent confirming the transaction.

9.What is the payment update frequency?

Payments will be updated real time on the same day.

10.Where can the Customer Top Up mCash?

Customer can Top Up mCash account using the methods below:

  • Customers could download the mCash Mobile App and Top Up mCash directly from the Bank Account.
  • Using the mobile or internet banking facility of Commercial, HNB, Sampath, Cargills and PABC account.
  • By visiting below locations island wide.
    • mCash Retailers
    • SLT-Mobitel Branches
    • SLT Teleshops
    • Singer Mega (SLT- Mobitel branch locations)
    • Sanasa Development Banks
    • Lanka Bell Branches
    • Pay & Go Kiosk Machines
    • Amana Bank

11.Transaction is falling, why is that?

  • Customer should be Registered for mCash. If not Customer should dial #111# to register for mCash free or charge.
  • Customer should have sufficient balance (Dial #111# & Select My Account (Option 9) or Dial #111#9# & select ‘Check Account Balance’ function under the Customer wallet).
  • Customer should have mCash in his/her wallet and NOT a pre-paid reload.
  • Customer should enter his/her correct PIN. If Customer forgot his/her PIN, Customer can visit the nearest SLT-Mobitel
  • Maximum Transaction Limit per day for a Basic Account Holder Is Rs. 10,000 and for an Enhanced Account its Rs. 50,000 has been exceeded.
  • Temporarily Technical Failure.

12.What should be done if the transaction is continuing to fail despite the above reasons?

If the payment continues to fail despite above reasons call People’s Leasing & Finance PLC Hotline on 0112 631 631 (General).