NDB encourages savings habit offers highest interest rate

NDB reiterates its commitment to help the nation save for a better tomorrow by introducing the highest interest rate offered for a savings account in the country.

Accordingly, the Savings Star Plus account holders of NDB, will now enjoy a return of up to 10% per annum on their hard earned savings.

NDB strongly believes that fostering the saving habit is the sure approach towards building a prosperous nation with thriving individuals; Thus continuing to offer people of Sri Lanka the opportunity to earn maximum rewards on their savings with value added propositions such as the ‘Savings Star Plus’ account.

Savings Star Plus is a rewarding savings account that offers savers an interest rate which increases in proportion to the increase in the savings balance, thereby encouraging them to save more.

It is also ideal for those who seek a convenient savings solution as the account could be accessed via over 1000 ATMs and 66 branches across the country.

NDB’s International Visa Debit Cards provide the account holders 24 hours accessibility along with the flexibility to carry their accounts with them to wherever in the country and even overseas.

Personal Internet Banking facility of NDB ensures fast, easy and secure access to NDB accounts where customers could enjoy the ease of carrying out a range of banking functions from anywhere, during any time of the day.

NDB has been persistent and passionate about fostering the savings habit in the people of Sri Lanka. This passion has been rendered to action with the bank’s strong savings proposition themed “Ithuru Karamu, Api Hademu, Rata Hadamu” (Let’s save, prosper and build the nation).

This unique proposition repaints the conventional idea of saving with a fresh new line of thought, which highlights the potential benefits of cutting down unnecessary waste that takes place in an individual’s day to day life. NDB’s “Ithuru Krana Maga” saving proposition points out that the savings made on everyday essentials such as water, electricity, telephones, time and even environment will translate into monetary savings in the long term; which could in turn be invested in a savings account to reap higher financial benefits in the future.

NDB’s “Ithuru Karana Maga” savings concept has been extended to all Sri Lankans through a widespread educational campaign. Coinciding with the “Ithuru Karana Maga” operation commenced last year, the Bank published a handy booklet which carries useful tips on how to optimize the use of natural resources and minimize wastage of such resources. The “Ithuru Karana Maga” booklet is given away free to the public, customers and non customers alike, as a valuable token that will constantly remind them of the significance of nurturing good saving habits in order to prosper in life.

Keeping this cause at heart, NDB has also taken steps to encourage the savings habit in the future generation of the nation with its Children’s Savings Accounts. NDB Children’s Savings Account encompasses an attractive gifts scheme to lure the youngsters towards the concept of saving at an early age.

In recognition of the effort of parents to save for their children’s future, NDB offers one of the highest interest rates in the market, along with a free life insurance and permanent disability cover for the parent or guardian.

NDB Children’s Savings is designed to ensure that parents have peace of mind and the children have a secure future.

More details on NDB Savings Star Plus and Bank’s many products can be obtained from its 24 hour call centre, or by visiting NDB's tri lingual website on www.ndbbank.com.