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FAQs

General FAQ's

1. How can I open an account?
  • In opening savings account, should obtain the duly completed account opening application/mandate with signature.
  • Should have the identity of the applicant established by means any of the following documents in opening savings accounts.
    • National Identity Card.
    • valid passport
    • valid Driver’s license
    • Senior Citizen’s Identity card with an identification number
  • If the address stated by the customer in the account opening form differs from the address stated in the Identity card following documents should provide to verify the given address.
    • Utility Bill (not ecxceeding 3 months)
    • Tax Assesment Reports
    • Bank Statements.
    • Grama Niladari Certificates

2. What should i do when passbook is lost?
  • Customer should be apprised that the bank should be informed immediately in the event the passbook gets lost and that the passbook should not be alienated.
  • Affidavit should provide which attested by a Justice of peace/ Commissioner for oath/ attorney at law should be independently verified.

3. How can I apply a personal loan and what are the documents need to submit?

Visit nearest People’s Bank Brach to your permanent residence or works station with following documents.

  • Customer should be apprised that the bank should be informed immediately in the event the passbook gets lost and that the passbook should not be alienated.
  • Affidavit should provide which attested by a Justice of peace/ Commissioner for oath/ attorney at law should be independently verified.

4. What is the minimum balance that I need to maintain in the Savings Account? title
  • Rs 1000/-

5. How to open a Minor(Children) account ?
  • The parents or the Gordian of the Minor should complete the relevant forms on his/her behalf. However, the account should be maintained in the name of the Minor.
  • Birth certificate is mandatory .

6. How can I activate a Dormant Account?
  • Visit your account holding branch with your passbook and make withdrawal to activate your dormant account.

7. Are there any minimum and maximum cash withdrawal limits per day?
  • No

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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.