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Children's
Accounts

Isuru Udana

Isuru Udana is a children's savings account designed especially for children from birth to 5 years of age. An account can be opened .....

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Sisu Udana

Sisu Udana Children's Savings Account aims to provide every child with a bright future by encouraging excellence ....

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ISURU UDANA

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.

  • Features
  • Eligibility
  • Special benefits
  • Gift Vouchers
  • Contact Us

Account Features

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

Eligibility

  • Children from birth to 5 years of age.

Special benefits

  • A range of educational gifts to support child development
  • Gift vouchers to open the account or to be deposited into existing accounts
  • The Bank will deposit the first Rs.100/- to open the account for children from birth up to the age of attending preschool. For children who are already attending preschool, the Bank will deposit Rs.250/- to open the account.

Gift Vouchers

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

Contact Us

  • +94112481510
  • info@peoplesbank.lk
Enquire Now
About Us
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People's Bank
No.75, Sir Chittampalam A.
Gardiner Mawatha,
Colombo 2, Sri Lanka.
  • Telephone : +94 (0)11 2481481
  • Call Center : 1961
  • E-Mail : info@peoplesbank.lk
  • SWIFT Code : PSBKLKLX
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Director

Mr A M P M B Atapattu

Mr A M P M B Atapattu currently serves as a Secretary to the Ministry of Trade, Commerce and Food Security and he has over 28 years of work experience in Banking, Finance and Business Administration.
He Graduated from University of Sri Jayawardenapura with a BSc in Management (Public Administration) Second Class Upper Division Degree, he holds a Master’s Degree in International Development from Flinders University, Australia and has completed two post graduate diplomas: Economic Development from University of Colombo and Development Economy from Institute of Development Economies, Japan. His research topic was “Rationalisation for Industrial Development in Sri Lanka” for his Master’s Degree in International Development awarded by Flinders University in 2004 and he holds a Licentiate Certificate of the Institute of Charted Accountancy, Sri Lanka.
Before assumed the current position he worked as a Senior Additional Secretary to the President of Sri Lanka and he was assigned to duties of economic reforms in the section of Stabilisation Recovery and Growth of the economy. As Director General, (Planning) of the Ministry of Education he was prepared of Capital Budget of the Ministry of Education and monitored the development projects of the Ministry. Further, as a Deputy Secretary to the Treasury, he was in charged for donor funding projects, implementation of trade and tariff policies of the Government, and monitoring of national budget. Also, he has initiated the ‘Enterprise Sri Lanka Subsidiary Loan & Development Programme’ as a national budget proposal of the Government.
Mr Atapattu has functioned as Director General of the Department of Development Finance he has initiated warehouse receipts financing system for grain farmers and fertiliser cash subsidy scheme for farmers. Feather, he has implemented Refinanced Loan Schemes called “Small and Medium Enterprise Regional Development Project” (SMERDP) funded by the Asian Development Bank, “Small and Medium Enterprise Development Facility Project” (SMEDeF) funded by the World Bank, “Small and Medium Enterprises Line of Credit (SMELoC) funded by the Asian Development Bank. In addition, he has executed the SME Development Programme funded by the German International Cooperation (GIZ) as well as the “Rooftop Solar Power Generation Line of Credit Project” (RSPGLoC) funded by the Asian Development Bank.
Mr Atapattu has also performed his duties as the Treasury Representative on the Board of Investment, People’s Bank, Sri Lankan Airline Limited, Sri Lanka Tea Board, National Lotteries Board, Sri Lanka Savings Bank, Lankaputhra Development Bank, Cooperative Wholesale Establishments, University of Vocational Technology and the Insurance Regulatory Commission of Sri Lanka.

Chairman

Mr. Sujeewa Rajapakse

Mr Sujeewa Rajapakse is a Managing Partner of BDO Partners, a firm of Chartered Accountants. A Fellow of The Institute of Chartered Accountants of Sri Lanka (FCA) and a Fellow of the Institute of Chartered Management Accountants of Sri Lanka (FCMA) and a Member of the Association of Chartered Certified Accountants (ACCA). Mr Rajapakse holds a Master of Business Administration (MBA) from Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura. During his professional career that spanned nearly four decades, he held the honorary positions of President, Vice President and Council Member (elect) of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Former Chairman of Auditing Standards Committee of CA Sri Lanka, President of Practicing Accountants Forum of Sri Lanka, Treasurer of Sri Lanka Cricket, Treasurer for Cricket World Cup 2011, Board Member and Technical Advisor to South Asian Federation of Accountants (SAFA), Technical Advisor to Confederation of Asia Pacific Accountants (CAPA). Currently he is serving as the Board Member at Haycarb PLC, Dipped Products PLC, Hayleys Agriculture Holdings Ltd. and Lanka Holdings (Pvt) Ltd. Also, he is a Council Member of the University of Sri Jayewardenepura.
He was the Chairman of People’s Leasing & Finance PLC. He has served in the directorates of National Development Bank PLC, NDB Capital Holdings Ltd. – Bangladesh, The Finance Company PLC (appointed by the CBSL under the restructuring programme) Unidil Packaging Ltd. & Unidil Packaging and Solutions Ltd., and Deputy Chairman of Softlogic Life Insurance PLC.
His expertise includes all accounting and auditing standards and practices, Government regulations related to financial disciplines and ethics, human resource management and overall management practices and principles in both private and public sectors.

Director

Mr. Dushmantha Thotawatte

Mr Dushmantha Thotawatte was appointed to the Board of Directors with effect from 8 July 2022. Mr Thotawatte is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka with a Bachelor of Commerce (Special Degree) from the University of Sri Jayawardenepura & a Master in Financial Economics from the University of Colombo. He is an accomplished leader who has extensive experience in the field of Financial Management, Corporate Governance, Strategic Management and Public Relations, together a successful track record as Chief Executive Officer, Chief Financial Officer and Chief Internal Auditor in many state-owned enterprises and private organisations and counts over 40 years of experience.