Rupee Kids Savings Plan | Banks in Sri Lanka | Commercial Banks in Sri Lanka

Rupee Kids Savings Plan

Searching for a child Investment plan with money back facility? Kids Savings plan enables you invest small amounts each month and build a sizeable one for the future of your child.

Features

Investment period from 3 to 18 years
Investment plan from LKR 250,000.00 to LKR 10,000,000.00

Savings Planners kids Target Amounts (Rs.) From 250,000 to 3,000,000/-

	Savings Planners kids Target Amounts (Rs.) From 250,000 to 3,000,000/-
No of Years	No of Months	Interest Rate p.a.	250,000	500,000	750,000	1,000,000	2,000,000	3,000,000
No of Years	No of Months	Interest Rate p.a.	Monthly Instalment (Rs)
3	36	7.0%	6,300	12,600	18,900	25,200	50,400	75,600
4	48	7.0%	4,565	9,125	13,690	18,250	36,500	54,750
5	60	7.0%	3,525	7,050	10,575	14,100	28,200	42,300
6	72	8.0%	2,750	5,500	8,250	11,000	22,000	33,000
7	84	8.0%	2,265	4,525	6,790	9,050	18,100	27,150
8	96	8.0%	1,900	3,800	5,700	7,600	15,200	22,800
9	108	8.0%	1,650	3,300	4,950	6,600	13,200	19,800
10	120	8.0%	1,400	2,800	4,200	5,600	11,200	16,800
11	132	8.0%	1,225	2,450	3,675	4,900	9,800	14,700
12	144	8.0%	1,075	2,150	3,225	4,300	8,600	12,900
13	156	8.0%	950	1,900	2,850	3,800	7,600	11,400
14	168	8.0%	850	1,700	2,550	3,400	6,800	10,200
15	180	8.0%	750	1,500	2,250	3,000	6,000	9,000
16	192	8.0%	675	1,350	2,025	2,700	5,400	8,100
17	204	8.0%	600	1,200	1,800	2,400	4,800	7,200
18	216	8.0%	550	1,100	1,650	2,200	4,400	6,600

Savings Planners Kids Target Amount (Rs.) From 4,000,000 to 10,000,000/-

	Savings Planners Kids Target Amount (Rs.) From 4,000,000 to 10,000,000/-
No of Years	No of Months	Interest Rate p.a.	4,000,000	5,000,000	6,000,000	7,000,000	8,000,000	9,000,000	10,000,000
No of Years	No of Months	Interest Rate p.a.	Monthly Instalment (Rs)
3	36	7.0%	100,800	126,000	151,200	176,400	201,600	226,800	252,000
4	48	7.0%	73,000	91,250	109,500	127,750	146,000	164,250	182,500
5	60	7.0%	56,400	70,500	84,600	98,700	112,800	126,900	141,000
6	72	8.0%	44,000	55,000	66,000	77,000	88,000	99,000	110,000
7	84	8.0%	36,200	45,250	54,300	63,350	72,400	81,450	90,500
8	96	8.0%	30,400	38,000	45,600	53,200	60,800	68,400	76,000
9	108	8.0%	26,400	33,000	39,600	46,200	52,800	59,400	66,000
10	120	8.0%	22,400	28,000	33,600	39,200	44,800	50,400	56,000
11	132	8.0%	19,600	24,500	29,400	34,300	39,200	44,100	49,000
12	144	8.0%	17,200	21,500	25,800	30,100	34,400	38,700	43,000
13	156	8.0%	15,200	19,000	22,800	26,600	30,400	34,200	38,000
14	168	8.0%	13,600	17,000	20,400	23,800	27,200	30,600	34,000
15	180	8.0%	12,000	15,000	18,000	21,000	24,000	27,000	30,000
16	192	8.0%	10,800	13,500	16,200	18,900	21,600	24,300	27,000
17	204	8.0%	9,600	12,000	14,400	16,800	19,200	21,600	24,000
18	216	8.0%	8,800	11,000	13,200	15,400	17,600	19,800	22,000

***On the maturity date customer will receive the maturity target amount, subject to reduction of taxes and any other statuary deductions.

Guaranteed high interest rate
Quarterly e-statement
View details via Internet and Mobile banking via Guardian profile
Premature account closure will be done at the Normal Savings interest rate.

How to get started

Eligibility

Sri Lankan citizens who have kids below 15 years

Documents Required

National Identity Card of parent / guardian
Copy of Child’s Birth Certificate
If the address differs from the given document, billing proof not less than 3 months should be submitted.

Terms & Conditions

Note: Other documents may be requested by the bank to ensure better customer service in the future.

Ready? Submit your Seylan Savings Planner online now or Download your application.