Nations Max Bonus - Best High Yield Savings Account, Sri Lanka

NationsMax Bonus

Enjoy an additional Bonus Interest up to 60% plus a free life insurance cover

Nations Max Bonus Savings Account is an interest bearing account, that rewards customers with bonus interest on the balances maintained in the account.

An account that gives you maximum benefits:
A life cover of Rs. 100,000 and a critical illness cover of Rs. 25,000
Overdraft facility
Internet banking, and mobile banking facility
Nations Shopping Debit Card

Bonus Interest Rates

Balance Slab (Rs.)	Bonus Interest (%)
0 - 9,999	0
10,000 - 99,999	30
100,000 -249,999	40
250,000 - 499,999	50
500,000 and above	60

Base Interest rate 2.5%* p.a. Bonus interest will be over and above this base rate. (* - with effect from 01st March 2021)
Bonus interest is calculated on the standard interest paid on monthly basis
In order to be eligible for bonus interest customer should have only one withdrawal or no withdrawals from the account per month.
Withdrawals include any Debit transaction such as ATM withdrawal, POS transactions, and fund transfer to another account in any payment mode (CEFT, SLIP, RTGS, Fund transfer, SI, Standing instruction etc. excluding any statutory deductions (WHT) and charges imposed by the bank (Minimum balance, transaction fees)

Free Life Cover and Critical Illness Cover

A lump sum amount up to Rs.100,000 will be paid in the unfortunate event of the death of the account holder due to any cause
Rs.25,000 critical illness cover per occurrence
Both covers will be active one month after opening the account
To enjoy the insurance benefits, Rs.10,000 balance should be maintained in the account
Life cover entitlement is up to the age of 70 years and critical illness cover up to the age of 60 years

Max Bonus Critical Illness Cover