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Power Saver

Power to your savings like never before

Do you want steady financial gains by saving money and earning interest? You can choose from tiers of interest rates on our savings accounts, which are determined by your daily balance. At the end of each month, the daily interest that is accrued will be capitalized and credited to you.

Key Features

Eligibility

  • Residents of Sri Lanka over 18 years of age are eligible to apply for the Power Saver Account.
  • Foreigners who do not hold residence visas in Sri Lanka are not eligible.

 

Requirements

  • Savings application with KYC
  • NIC
  • Proof address

 

Rates and Fees

Amount

Rate

AER

LKR 2,000.00 – 49,999.99

3%

3.05%

LKR 50,000.00 – 499,999.99

4%

4.08%

LKR 500,000.00 – 999,999.99

5%

5.13%

Above LKR 1,000,000

7%

7.25%

 

 

Terms and Conditions

• Residents of Sri Lanka over 18 years of age.
• Initial account opening deposit of LKR 2,000.00
• If the customer withdraws more than four times within a month through the branch counter,
the interest for the respective month will not be credited to the account.
• The Power Saver account is exclusively designed for individuals and cannot be opened by
corporate entities or societies.
• In case of changing the nominee, a written request must be handed over to the company along
with a copy of the nominee’s National Identity Card (NIC). If the NIC is unavailable, a Driving
License or Passport carrying the NIC number should be provided by the account holder or joint
account holders

Power Saver

Key Facts Document