Maximize your returns with higher interest rates
Unlock the potential of your savings with our Money Market Savings Account. Enjoy higher interest rates designed to maximize your returns, offering you a secure and rewarding way to grow your wealth.
Eligibility
- Sri Lankan National over 18 years, holding a valid National Identity card (NIC) / Passport and residing in Sri Lanka
- Non-Nationals with valid resident visa
- Business customers including corporates and SME
- Clubs and Societies
Initial Deposit
- Rs 1,000,000
Tiered Interest Rates
- 0 - 999,999.99 : 0%
- 1,000,000.00 & above : 6.25%
Product Features
- Accounts can be opened as statement savings accounts by default. Passbooks can be issued upon customer’s request
- Interest paid on daily available balance and credited monthly
- Money Market Savings accounts that carry zero balances for three months will be closed
- Cash deposits, fund transfers, and all other digital methods are allowed for Money Market Savings accounts, except for cash cheques deposited into the account that are not drawn in favor of the bank and do not include the beneficiary's name and account number
- All cheque deposits require approval of Branch Manager, Asst Manager or Relationship Manager
- Monthly E-Statements
- Nations Direct (Mobile & Online Banking) joining Fee
- Joint accounts can be opened
- In the case of Joint accounts automated services are available only if signing instructions are either party to sign
- No restrictions on withdrawal
Documents Required
- The Bank’s standard account opening forms should be completed
- Specific terms and conditions applicable for the Money Market Savings account signed by the customer
- Copy of the National Identity Card (NIC)/ valid Passport
- Documentary evidence for address verification – Electricity/Water/ Telephone (Land Line) Bill
- Contact details – Mobile number(Compulsory) or Land line
How to get started
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Application Form
Any questions?
Get in touch
Get in touch