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Pan Asia Bank introduces ‘Suwasavi Fixed Deposit’

Pan Asia Bank has introduced yet another innovative product called “Suwasavi Fixed Deposit” which provides a free medical insurance cover for the depositor and his/her family.


Chief Marketing Officer Nalaka Wijayawardana

The main idea behind introduction of this product is to enable every person who would want to provide the best healthcare to their loved ones, to do so without eroding the family’s future savings. In fact, with Suwasavi Fixed deposits, customers continue to build their future savings by earning an attractive interest while being able to provide the best healthcare to their loved should the need arise.

Suwasavi Fixed Deposits could also be opened by customers between the ages of 66 – 75, and they too are entitled to receive a free medical insurance cover of 10% of the deposit value.

Another unique benefit of Suwasavi Fixed Deposit scheme is that unmarried customers can include their parents who are less than 65 years of age as his/her family unit and then they too will be covered by the medical insurance.

Medical insurance cover provided with Suwasavi Fixed Deposit allows customers to receive treatment from any private hospital.

For certain Colombo based leading private hospitals such as Nawaloka, Durdans, Asiri, Hemas and Central, a cashless insurance card is issued which customers can just present to the hospital to receive insurance.

For all other private hospitals and nursing homes across the country, customers can settle their bill and receive reimbursement under the insurance cover within a matter of few days.

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