SDB bank | Uththamavi Savings Account for Women Entrepreneurs

Ideal for both personal and business development, the SDB Uththamavi savings account comes with customized features that are designed to benefit and elevate the financial status and security of Sri Lanka’s enterprising women.

FEATURES AND BENEFITS

Multiple convenient digital banking platforms such as SDB Mobile App, SMS Banking, Business Internet Banking, UPay and mCash
A special interest rate of up to 4.50% per annum

Account Balance

Rs 500/- to Rs 999,999/-

Interest Rate (p.a.)

3.00%

Account Balance

Rs 1 Million and above

Interest Rate (p.a.)

3.25%

An 1% concessionary rate for pawning
A SDB Dayada Children’s Investment Certificate on the birth of a child OR a voucher worth Rs. 4,000/= to purchase clothing / footwear or training / instruments for account holders who maintain an account balance of Rs 100,000/- for 24 months
Capacity building and financial literacy programs for account holders
SDB VISA debit card that can be used at any SDB ATM or any other VISA ATMs across the country. The debit card can also be used to purchase goods and services at any VISA merchant outlet island-wide.

*Conditions apply

Eligibility

An Uththamavi savings account can be opened by Sri Lankan females between the age of 18-55
A minimum initial deposit of Rs. 500/=

Required Documentation

A duly filled account opening application
Copy of the national identity card / passport / driver’s license for identification
Address verification document (i.e. copy of fixed utility bill, bank statement, etc) if current postal address differs from the national identity card or identification document

Deposit liabilities have been insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board on payment of applicable premium for compensation up to a maximum of Rs. 1,100,000 per depositor. - https://www.cbsl.gov.lk/en/sri-lanka-deposit-insurance-scheme