As families increasingly look at practical ways to support their parents and loved ones during retirement, Richard Pieris Finance Limited is encouraging everyone to consider something with lasting value – financial security and peace of mind for fathers who have spent their lives supporting their families.

At a time when financial stability and regular income are becoming increasingly important during retirement, Richard Pieris Finance’s Senior Citizen Fixed Deposit scheme offers families an opportunity to invest in the long-term wellbeing of their parents and loved ones through dependable monthly returns and institutional security. The offering reflects a growing preference for financial solutions that deliver not only attractive returns, but also lasting confidence, peace of mind, and financial independence for senior citizens and their families.

The Senior Citizen Fixed Deposit scheme has been designed to provide predictable monthly income, enabling retirees to better manage daily expenses while preserving their savings. Among the options available is the Company’s 25-month fixed deposit offering, which provides a monthly interest rate of 13%, translating into an annual equivalent return of 13.80%, making it one of the most attractive monthly income options currently available for senior citizens.

The offering is backed by Richard Pieris Finance’s strong financial fundamentals and governance framework. The Company holds a Fitch Rating of ‘A(lka)’ with a Stable Outlook, reflecting prudent risk management and financial stability. As a licensed finance company regulated by the Central Bank of Sri Lanka, eligible deposits are also covered under the Sri Lanka Deposit Insurance and Liquidity Support Scheme, providing an additional layer of assurance for depositors and their families.

Commenting on the initiative, CEO Mr. Lohika Fonseka noted that Father’s Day serves as a reminder of the sacrifices made by parents throughout their lives and the importance of supporting them through practical and meaningful solutions.

“Many fathers spend decades planning and providing for their families. As they move into retirement, ensuring they have access to secure income streams and financial confidence becomes equally important. Our Senior Citizen Fixed Deposit scheme has been designed with this need in mind,  providing reliable monthly returns supported by trust, transparency, and institutional strength,” he said.

With its expanding branch network and customer-centric approach, Richard Pieris Finance continues to make financial solutions more accessible through personalised support, simplified processes, and islandwide service coverage.

This Father’s Day, the Company hopes to encourage conversations around financial wellbeing because sometimes the most meaningful gift is not what is given for today, but the security it creates for tomorrow.

Richard Pieris Finance Limited is a Central Bank Licensed Company. It is also a proud member of the Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, whose business interests span sectors such as retail, manufacturing, plantations, financial services, and insurance. The Group’s financial services arm includes Arpico Insurance Limited and Richard Pieris Finance Limited, reflecting a shared commitment to financial inclusion, customer confidence, and sustainable growth.

For more details call 0706 887 766 or check the website www.rpfinancelk.com