A A A
A A A

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 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.

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
Feedback
×
Share your feedback

Are you an existing People's Bank customer?

0/1000

Chairman

Mr. Sujeewa Rajapakse

Mr. Sujeewa Rajapakse is a Managing Partner of BDO Partners which is the local representative of BDO - the fifth largest accounting network in the world. A Fellow of the Institute of Chartered Accountants of Sri Lanka (FCA) and a Fellow of Institute of Chartered Management Accountants of Sri Lanka (FCMA), 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 (ICASL), Former Chairman of Auditing Standards Committee of ICASL, 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) and Council Member of University of Sri Jayewardenepura. He has also served in the directorates of National Development Bank PLC, Softlogic Insurance PLC, Dipped products PLC, Heycarb PLC, Development Holdings (Pvt) Ltd, Lanka Holdings (Pvt) Ltd, NDB Capital Ltd – Bangladesh, The Finance Company PLC and Unidil Packaging.

Director

Mr. Dushmantha Thotawatte

Mr. Dushmantha Thotawatte was appointed to the Board of Directors with effect from 08.07 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 Jayawardhanepura & 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 organizations and counts over 38 years of experience.