FEATURES AND BENEFITS
- Highest interest rate for savings
Account Balance
Rs. 25,000 - Rs. 2.5 MnInterest Rate (p.a.)
3.25%Account Balance
Rs. 2.5 Mn - Rs. 5 MnInterest Rate (p.a.)
3.75%Account Balance
Rs. 5 Mn - Rs. 10 MnInterest Rate (p.a.)
4.25%Account Balance
Rs. 10 Mn - Rs. 50 MnInterest Rate (p.a.)
5.50%Account Balance
Rs. 50 million and aboveInterest Rate (p.a.)
6.00%- Interest calculated on daily basis based on the day-end balances and credited monthly
- Loan facilities against savings balances with ability to avail up to 80% of the deposit for a 1 year loan renewal period.
*Conditions apply
Eligibility
- A minimum initial deposit of Rs. 25,000/=
- SANASA Societies
- Multi-purpose Co-operative Societies and other Co-operative Societies
- Welfare and death donation societies
- Companies registered under Companies Act of Sri Lanka
- Non-governmental organizations
- Any other institutions acceptable to the bank
Required Documentation
SANASA Society / Union / MPCS / Other Society
- Duly filled account opening mandate
- Certified copy of Registration Certificate of Society
- Certified copy of a Memorandum and Articles of Society
- Certified copy of a resolution of the Board of Directors
- Society declaration form
- Signature Card
Limited Liability Companies
- Duly filled account opening mandate
- Certificate of Incorporation (For inspection and return
- Copy of the Memorandum and Articles of Association. (Duly certified by the Chairman and Secretary)
- Certified copy of a resolution of the Board of Directors (Overleaf)
- List of Directors certified by the Registrar of Companies on Form 48
- Certified copy certification to commence business (If a public company)
- Duly completed and witnessed signatures card of the Directors
- No. 12. Edmonton Road
Kirulapone
Colombo 06
Sri Lanka. - 011 5411 411
