Pan Asia Bank is committed to encourage Sri Lankans to save for a better future. With an array of gifts with Mithuru Max or a 10% bonus deposit for every deposit with ‘Daskam, Pan Asia bank has not only differentiated Children’s Savings account from other children’s savings products, but have also begun to instill in their young minds the importance of saving.
“Daskam” Children’s Savings Account aims to be a pillar of strength to a child when he/she enters adulthood and takes on life’s challenges such as higher education, marriage. The Account offers a unique “deposit for deposit” feature that enables its balance to grow in greater proportions. Under this feature, every deposit made by the customer to the account will be rewarded by the bank with an additional deposit worth 10% of the customer deposit.
In addition, for faster growth of the account balance, Pan Asia Bank then pays an unbeatable annual interest of 8% (AER 8.33%) on the total balance. The interest is calculated on a daily basis and credited to the account at the end of each month.
The benefit of receiving an additional 10% deposit from the bank is valid for any number of deposits until the child turns 12 years of age.
Shiyan Perera Assistant General Manager Branch Credit and Deposit Mobilization of Pan Asia Bank, said “With “Daskam” Children’s Savings Account, we have empowered parents to make a responsible choice for their children’s future that would help them face life’s challenges with confidence and reach their full potential.”
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