Learning about money start at a young age - thats the reason our Minor Savings Account reward our young savers with bonus interest.
Benefits:
- Access bonus interest as you save more.
- Interest calculated daily and paid monthly.
- Easily show your child their savings progress with internet banking.
- Enourage them to take control of their savings and spending while they are young.
- Build independent and financial discipline.
Eligibility
- Sri Lankan children between 15 - 18years.
Who can open the account?
- Parents or Guardian
Documents Required:
- A copy of the Birth certificate should be submitted along with the mandate
- NIC copy of Parent or Guardian.
Minimum Deposit: to open the account LKR 1,000.00
How to Register:
Step 1: Complete the Online Application
Step 2: Upload your National Identity Card, Child's Birth Certificate & supporting proof documents.
Step 3: Submit.
Minor Savings Interest Rates
Interest Rate % p.a. | AER % | |
---|---|---|
MINOR SAVINGS | 4.00 | 4.08 |