Nations Saver - Best Savings Accounts in Sri Lanka

Nations Money Market

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 : 6.50%

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

Other Information