Tikiri Savings Account


The good habit of savings should be incurred in children at their tender ages. “Seylan Tikiri” Savings Account for your kid is a great way to teach money management skills and pave their way to financial success. The best savings account for your kid has great interest rates and gifts.

Tikiri Gift Voucher 

Due to restrictions imposed by the government on imports an account to the Covid-19 pandemic, a voucher to the value of the gift, redeemable from reputed merchants will be issued in the event of insufficient gift stocks available with the bank. 

Account Balance   Gift Voucher / Account Credit Value
LKR 1,000 – LKR 4,999 LKR 100
LKR 5,000 – LKR 9,999 LKR 500
LKR 10,000 – LKR 29,999 LKR 1,000
LKR 30,000 – LKR 49,999 LKR 1,500
LKR 50,000 – LKR 74,999 LKR 5,500
LKR 75,000 – LKR 99,999 LKR 6,000
LKR 100,000 – LKR 149,999 LKR 9,000
LKR 150,000 – LKR 249,999 LKR 11,000
LKR 250,000 – LKR 499,999 LKR 12,500
LKR 500,000 – LKR 999,999 LKR 17,500
LKR 1,000,000 – LKR 1,999,999 LKR 22,500
LKR 2,000,000 LKR 30,000

 

 

Eligibility

Sri Lankan Children who are under 15 years of age.

Minimum Deposit:  to open the account LKR 500.00

Documentation requirement

  • A copy of the Birth Certificate should be submitted along with the mandate. 
  • If the Birth Certificate is not submitted at the time of opening an account, the parent/guardian should submit an undertaking informing that the Birth Certificate will be submitted within 120 days.

Who can open the account:

  • Parents, Aunts, Uncles and Relatives of the child or Guardian

Use the option:

You can deposit money to the Tikiri account through your nearest branch via Cash, Cheques or "Internet Banking" Transfers, Standing Orders, Seylan Tikiri gift Vouchers

Be entitled for further benefits

Get the benefit of bonus interest rates.

Open a Tikiri saving account today and get your kid a range of gifts from "Seylan Tikiri Gifts Scheme" with loads of other benefits". 

How to Register:

Step 1: Complete the Online Application

Step 2: Upload your National Identity Card, Child's Birth Certificate & supporting proof documents.

Step 3: Submit.


Children's Savings Interest Rates

Balance Age Below 15 years (%) Age Above 15 years (%) Aer
Balances up to Rs. 100,000/- 4 4 4.07
Balances above Rs. 100,001/- a bonus interest is Applicable on the NORMAL INTEREST, as follows:
Rs. 100,001 - 200,000/- No Bonus Interest 5
Rs. 200,001 - 300,000/- No Bonus Interest 7.5
Rs. 300,001 - 400,000/- No Bonus Interest 10
Rs. 400,001 - 500,000/- No Bonus Interest 12
Rs. 500,001 - 750,000/- No Bonus Interest 15
Rs. 750,001 - 1,000,000/- No Bonus Interest 17.5
Rs. 1,000,001 - 1,250,000/- No Bonus Interest 20
Rs. 1,250,001 - 1,500,000/- No Bonus Interest 22.5
Rs. 1,500,001 and above No Bonus Interest 25
Rs. 2,000,001 and above 25