Star Savings Account

Are you the person who desires to build a fund for a future purpose or special event while earning attractive rates? You do not have the lump some in hand to invest for a long period at a higher interest rate but you need to be able to build your fund as you go along by putting away a nominal amount on a monthly basis and watch your fund grow. With Star Savings you can choose the savings amount and tenor that best suits you, whether you are planning for your kid’s school admission, tertiary education, marriage or any other milestone in your life.

Choice of tenor: 5 years or 10 year plan

For example;

Initial Deposit	Monthly Investment	Maturity Value
Initial Deposit	Monthly Investment	5 yrs AER 12.68%	10 yrs AER 10.04%
3,000	1,500	125,000	312,500
6,000	3,000	250,000	625,000
12,000	6,000	500,000	1,250,000
18,000	9,000	750,000	1,875,000
24,000	12,000	1,000,000	2,500,000

Eligibility – Resident Sri Lankans over 18 years of age.

Documents Required

Clear copy of the NIC or Passport or Drivers License
Clear copy of a utility bill or Other bank statement or Any other valid address verification document

Benefits

Forced saving (Commitment)on a monthly basis
Monthly Deposits can be made via SMS banking facility
Credit Card – Subject to credit approval
Loans granted against deposits are allowed a 0.5% discount on the normal interest

Taxes: The interest will be subject to all applicable Government Taxes and will be deducted from the targeted amount.

Interested? Contact your nearest Pan Asia Bank Branch or our Call Centre on 2565566
To open a Star savings account you can walk into any one of our branches or simply click Star Savings to access an account opening form that can be printed, completed and posted / delivered to the nearest branch together with relevant supporting documents and we will open the account for you.

Back

Pan Asia Banking Corporation PLC

Consumer Banking

Corporate Banking

Popular

Credit Cards