Pulse Credit Card

The Swan symbolizes prosperity, fortune and wealth. It is the traditional sign of abundant life. Thus, as your Credit Card partner we are committed to ensuring you enjoy the bliss of an abundant life. We at LOLC Finance welcome you to join with the Mastercard Pulse Credit Card and to take advantage of the wide range of benefits which will enable you to 'Fuel the goodness in you'.

Documents Required

Common Documents

Duly completed standard credit card application form
Certified copy of NIC / Driving Licence / Passport (Expired identification documents will not be accepted)
Copy of a Utility bill dated within last three months under the prospective card holder’s name , if the permanent address differs from the NIC address.
Proof of other income if the prospective cardholder declares additional income
Latest credit card statement (Optional)

Salaried Employees in Government and Private Sector

Employment confirmation letter to verify the status of the employment, length of service, details of the salary, EPF details and designation.
Latest salary slip certified by employer

Self Employed Business Categories

Business Registration (BR)
Form 1, 2A and Form 20 (If applicable) in case the company is a limited liability.
Letter from auditor confirming annual income for last 2 years.
Audited or management accounts
Current or savings bank account statements for last 3 months
Tax returns for last 2 years (optional)

Professionals

Adequate proof that the applicant has been engaged in the profession for last one year
Copy of the license to practice / professional membership card from the relevant professional body
Latest income tax returns (Optional)

Payment by Cash

Cash payments could be made at any of the LOLC Finance Branches.
Please do not send cash by post.
Payments made on Saturdays will be processed on the next working day.
REAL TIME credit will be given for cash payments.

Payment by Cheques

Cheques should be crossed (A/C payee only) and should include the Card number. Eg. Pay LOLC Finance PLC, O/A card no xxxx xxxx xxxx xxxx.
Third party cheques drawn in favour of the cardholder will not be accepted, unless they are made out as in the above example.
Funds will be available in the credit card account subject to cheque realization. Please leave minimum of three working days and maximum of six working days for processing and clearing of cheques.
Cash cheques and post-dated cheques will not be accepted for payments.
Please allow minimum nine working days for payments to reach the account if cheque payments are made by post.
All cheques sending through post should be addressed to “Manager - Credit Card Operations, No 438, Havelock Road, Colombo 05”.

Standing Instructions

The cardholder can avail himself of the Standing Instruction facility to debit his LOLC Finance savings account for settlement of the credit card bill. The Cardholder can choose a percentage between 5% - 100% of the statement balance to be debited on the due date.

REAL TIME credit will be given for standing order payments.

LOLC REAL TIME

Use LOLC REAL TIME to transfer funds from your LOLC Finance savings account to your credit card account free of charge.

REAL TIME credit will be given for cash payments done through LOLC REAL TIME App.

Payment through CEFTS

The cardholder can transfer funds to the credit card account from the other bank’s savings/current accounts through CEFTS.

REAL TIME credit will be given for CEFTS payments.