Maximize your returns with higher interest rates
Unlock the potential of your savings with our Money Market Savings Account. Enjoy higher interest rates designed to maximize your returns, offering you a secure and rewarding way to grow your wealth.
Eligibility
- Sri Lankan National over 18 years, holding a valid National Identity card (NIC) / Passport and residing in Sri Lanka
- Non-Nationals with valid resident visa
- Business customers including corporates and SME
- Clubs and Societies
Initial Deposit
- Rs 1,000,000
Tiered Interest Rates
- 0 - 999,999.99 : 0%
- 1,000,000.00 & above : 7%
Product Features
- Accounts can be opened as statement savings accounts by default. Passbooks can be issued upon customer’s request
- Interest paid on daily available balance and credited monthly
- Money Market Savings accounts that carry zero balances for three months will be closed
- Only cash deposits are allowed for Savings accounts except cheque deposits drawn in favor of the bank followed with the beneficiary name and account number
- All cheque deposits require approval of Branch Manager, Asst Manager or Relationship Manager
- Monthly E-Statements
- Nations Direct (Mobile & Online Banking) joining Fee
- Joint accounts can be opened
- In the case of Joint accounts automated services are available only if signing instructions are either party to sign
- No restrictions on withdrawal
Documents Required
- The Bank’s standard account opening forms should be completed
- Specific terms and conditions applicable for the Money Market Savings account signed by the customer
- Copy of the National Identity Card (NIC)/ valid Passport
- Documentary evidence for address verification – Electricity/Water/ Telephone (Land Line) Bill
- Contact details – Mobile number(Compulsory) or Land line
Key Facts Documents (Application Form
Any questions?
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