Achara

Senior Citizen's Savings Account

MBSL Achara is a Savings Account introduced recently, specially bestowed as a signal honours by us on the senior citizen residents of Sri Lanka.

Why choose us?

  • MBSL has emerged as one of the top 100 brands in Sri Lanka's Financial Services Industry since 1982.
  • The only financial subsidiary of Bank of Ceylon.

Eligibility Requirements

  • Citizens who are aged 60 years and above are able to open this account individually or jointly with another senior citizen.
  • Valid National Identity Card or Passport with NIC number.
  • An opening deposit of Rs. 1,000/-.

Benefits

  • A safe place to deposit your hard earned funds.
  • Higher interest rate of 7% (A.E.R. 7.23%) for your savings.
  • Personalized professional and priority service at the banking network.
  • Standing order facilities is available and first SO will be FOC.
  • Island wide branch network for your convenience.
  • Unlimited amount of withdrawals for the same interest rate.

Savings account rates

Savings Account Rates
Description Rate
Normal Savings 3.75%
Bonus Savings (25% bonus interest (Interest on Interest)) 4.50%
“Achara” Senior Citizen’s Savings 7.00%
“Sashreeka” Women’s Savings 4.75%
Higher Saver Accounts
Description Rate
Account Balance LKR. 1,000.00 - LKR.9,999.00 4.25%
Account Balance LKR.10,000.00 – LKR.24,999.00 5.25%
Account Balance LKR.25,000.00 & above 7.00%
Minors Savings Account
Description Rate
“Punchi” Minor's Savings 5.00%
“Punchi Star” Minor’s Savings 6.00%

For more details

Please Contact
Gobi - 0778193893
Manisha - 0770205561

Make an inquiry