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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 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
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