Isuru Udana is a children's savings account designed especially for children from birth to 5 years of age. An account can be opened .....
Sisu Udana Children's Savings Account aims to provide every child with a bright future by encouraging excellence ....
Isuru Udana is a children's savings account designed especially for children from birth to 5 years of age. An account can be opened at any People’s Bank branch Island-wide, with a minimum deposit of Rs.100/-. The Bank will deposit the first Rs.100/- to open the account for children from birth up to the age of attending preschool, and Rs.250/- for children who are already attending preschool.
The unique features of this account are the "Isuru Udana" gift voucher, and the child development and educational value gifts on offer. Gift vouchers can be purchased over the counter at any People’s Bank branch, in denominations of Rs.200, Rs.500, Rs.1,000, Rs.2,000, Rs.5,000 & Rs.10,000 from which you can open an Isuru Udana account, or credit the voucher to an existing Isuru Udana account.
The Isuru Udana Savings Account will be automatically converted to a Sisu Udana Savings Account when your child reaches the age of 6 years.
An Isuru Udana savings account can be opened by a parent or guardian.
1% bonus interest over normal savings accounts
The unique feature of this account is the Isuru Udana gift voucher
Deposit range Rs. |
Gift voucher value |
Type of Gifts |
Optional gifts for new born babies |
---|---|---|---|
2,000/- |
- |
Branded Till |
Baby cap or a Bib |
5,000/- |
- |
Colouring Book with Colour Pencils or Colourful Apron |
Baby Rattle Set |
10,000/- |
- |
Branded School Bag or Lunch Box with Water Bottle |
Feeding Cup Set |
25,000/- |
- |
Pooh Bear |
Baby Care Kit |
50,000/- |
1,500/- |
24 Colour Oil Pastel set and 12 Colour Pencil set or Remote Rechargeable Helicopter or Electronic Doll |
Baby Album or Sleeping Pillow |
100,000/- |
3,000/- |
Children’s Animal Encyclopedia or Kick Scooter or Melodic |
Baby Bag or Cot Sheet |
175,000/- |
3,500/- |
Play Tent |
Gift voucher of rs.3500/- |
250,000/- |
4,000/- |
Colorful Kids Travelling Bag With Wheels or Electric Rocking Horse |
Gift Voucher Of Rs.4000/- |
375,000/- |
5,000/- |
Lego Toy or Senior Kids Mini Laptop |
Gift Voucher Of Rs.5000/- |
500,000/- |
7,500/- |
Chopper Bike |
Gift Voucher Of Rs.7500/- |
750,000/- |
10,000/- |
Rechargeable Self Driving Mini Motor Cycle |
Gift Voucher Of Rs.10000/- |
1,000,000/- |
15,000/- |
Rechargeable Self Driving Car |
Gift Voucher Of Rs.15000/- |
*Based on the available balance