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 |
|
5,000/- |
- |
Colouring Book with Colour Pencils or Colourful Apron |
Baby cap or Bib |
10,000/- |
- |
Branded Umbrella or Lunch Box with Water Bottle |
Baby Care Kit |
25,000/- |
1,500 |
Branded School Bag |
Roller Pillow Set or Gift Voucher of Rs.1500/- |
50,000/- |
2,500/- |
A Set of Building Blocks |
Baby Cot Sheet or Gift Voucher of Rs 2,500/- |
100,000/- |
3,500/- |
A set of Pre-school Stationery |
Baby Bag or Gift Voucher of Rs.3,500/- |
175,000/- |
4,000/- |
4 x 2 white board with 03 marker pens and a duster |
Gift voucher of Rs.4,000/- |
250,000/- |
5,000/- |
Badminton Racket |
Gift Voucher Of Rs.5,000/- |
375,000/- |
6,000/- |
Colorful Kids Travelling Bag With Wheels |
Gift Voucher Of Rs.6,000/- |
500,000/- |
10,000/- |
Chopper Bike |
Gift Voucher Of Rs.10,500/- |
750,000/- |
15,000/- |
Melodica or Study Table |
Gift Voucher Of Rs.15,000/- |
1,000,000/- |
25,000/- |
An Organ or Chopper Bike |
Gift Voucher Of Rs.25,000/- |
*Based on the available balance