Accelerate Savings Account


Accelerate your progress in life through a range of special loans, free rewards and exclusive merchant offers for your branded debit card and many more from Seylan Accelerate saving account. 


Find out how you can enjoy the same benefits that you do with the best salary solution in the market.

Accelerate has four main tiers based on the monthly salary routed through the bank.

  • Premier    :-  Monthly Salary LKR 300,001 and above
  • Prime       :-  Monthly Salary LKR 150,001 to LKR 300,000.00
  • Plus          :-  Monthly Salary LKR 50,001 to LKR 150,000.00
  • Entry        :-  Monthly Salary below LKR 50,000.00


The Seylan Accelerate Saver account holders are entitled for the following benefits applicable to their salary category as indicated below. 
 

Name of Salary Category Entry Plus Prime Premier
Minimum Salary Category Below LKR 50,000.00 LKR 50,001 to LKR 150,000.00 LKR 150,001 to LKR 300,000.00 LKR 300,001 & above
Seylan Mega Rewards Benefits Yes Yes Yes Yes
 
Credit Cards

Type of the Card

( Subject to Credit Evaluation)

Gold Gold/ Platinum Platinum Signature / World MasterCard
Joining Fee Waived Off 50% 50% Free Free
1st Year Annual Fee Waiver Free Free Free Free
 
Debit Card
Exclusive Merchant Offers Yes Yes Yes Yes
Issuance/ Annual Fee (LKR) 500.00 500.00 500.00 500.00
Charge Refund of LKR 5 on Seylan ATM wthdrawals (monthly) Four Transactions Free Free Free Free
Charge Refund of LKR 30 on Other Bank ATM wthdrawals (monthly)

Two Transactions at LKR 15.00

(50%)

Two Transactions Free Two Transactions Free Two Transactions Free
 

Personal Loans :

*Subject to being Employed at a Listed Company

LKR 45,000.00 net above only Yes Yes Yes

Housing Loans :

Preferential Rates Applicable

No No Yes Yes
Education Loan Yes Yes Yes Yes
 
Leasing / Auto Loans/ Speed Draft Yes Yes Yes Yes
Spacial Rate No No Yes Yes
Doorstep Valuation & Documentation Service without an additional cost No No Yes Yes

*Terms and Conditions:

  • Loan amount (Personal Loan, Housing Loan, Credit Card) is determined subject to credit appraisal and credit policy of the Bank, this include clear CRIB, credit evaluation and income routed to the bank for more than 3 months.
  • Additional time will be taken for processing any loan with any deviation from the eligibility criteria.
  • The Travel Insurance on Seylan Visa Multi Currency Travel card is “Active” only if the customer inform the card center or the card holding branch with the remaining balance in the Travel card account of more than USD 300/- or equivalent.
  • The minimum criteria to be eligible for “ Seylan Mega Raward” benefits; a minimum credit balance of LKR 20,000/- is required to be maintained in the “Accelerate Saving Account” for a continuous period of 6/12 Calendar Months.
  • Annually review will be carried out centrally to identify accounts that do not comply to the conditions of routing agreed salaried and re-classified accordingly.
  • The bank reserves the right to alter or cancel the benefits scheme/ charges/ category without prior notice.

Eligibility

  • Sri Lankan citizens aged 18 Years and above

How to Register:

Step 1: Complete the Online Application

Step 2: Upload your National Identity Card & supporting proof documents.

Step 3: Submit.

 

Documents Required

  • National Identity Card
  • If the address differs from the given document, billing proofs not less than 3 months should be submitted.
  • Terms & Conditions - Passbook / Statement

For more downloads click here.

Note: Any other documents pertaining to the matter will be requested by the bank, to ensure better customer service in the future.


Minimum Deposit

Account Type Amount
Statement  for all categories  LKR 7,500.00

Fees

Fee Details Fees
cash deposits during extended/weekend banking hours Up to LKR 3 Million per account, per day - free of charge. Above LKR 3 Million per account, per day - 0.0375% (Min LKR 500) (Amount in excess of LKR 3 Million)
Online Banking Services
ATM Card Issuance Fee - Gold / Platinum – LKR 500/-
ATM Card Annual Fee LKR 500.00
Internet Banking Free of Charge
Savings account closure charges LKR 500.00

See all service charges