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| News in Details |
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| It is with pleasure we inform you that we have introduced couple of savings accounts mainly for adults and minors with attractive rate of interest and host of other benefits. - 2008-10-31 |
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| Summary |
| The Finance Company with 68 years of expertise and competence in the financial market, is the largest Finance Company in Sri Lanka having more than 42 branches and 18 Service Centres islandwide.
It is with pleasure we inform you that we have introduced couple of savings accounts mainly for adults and minors with attractive rate of interest and host of other benefits.
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| We are committed to foster and develop Savings habits of our children and for them to be responsible citizens of our country.
With this in mind we have introduced two minor savings accounts namely “Raja Daruwo” and “Kiri Mavu Surakum” with special benefits to children. With “Raja Daruwo” we offer higher rate of interest 10% and attractive gift scheme as the balance grows. Those are starting from Caps, Mugs, School Bags, and even includes Electric Key boards, Guitars, Bicycles, Portable CD Players, Mobile Phones, DVD Players, Etc. Also, the child is entitled for a Health Insurance Scheme up to a maximum of Rs. 100,000/- per annum. Any parent/Guardian can open an account for their child with just Rs.100/-.
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| “Kiri Mavu Surakum” the newest minor savings account with a valuable concept of releasing a cow from being slaughtered. Milking cows so saved will be sent to Sanctuaries maintained by Ceylinco Consolidated in Meegoda, Rabukkana & Tangalle at present.
Any one who opens this account for his /her child with a initial deposit of Rs.15,000/-will automatically contribute towards this meritorious act while enjoying the highest rate of interest of 15% per annum. The more funds you deposit to your child’s account, more contribution will be made by TFC towards the fund maintained for the above purpose. Under this scheme child will be entitled for a Health Insurance Scheme of Rs. 100,000/- per annum.
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| For adults, we have two types of accounts ie. “Normal Savings” and “Super Savers”. Normal savings can start with Rs. 250/- and the rate of interest will range from 9% up to 12.5% as the balance increases. |
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| We have revolutionized the savings market by introducing “Super Saver” with highest rate ever paid, to a savings account.
Customers can open a “Super Saver” with a minimum of Rs.100,000/- and the rate of interest will be 17% p.a., yet no restrictions on the number of withdrawals permitted.
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| For both these accounts we issue debit cards free of charge, thus enabling our customers to withdraw at any VISA ATMS islandwide any time. |
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| Also it can be used in leading Super Markets and other sales outlets to purchase goods, and the services, which is safe and convenien , as you do not have to carry cash all the time.
Savings is a good habit. So let us save more and more.
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