Pan Asia Banking Corporation PLC

An account can be opened with a minimum of Rs.500/-.If the child opens the account through a school bankunit the minimum initial deposit is reduced to Rs.100/-

Benefits

Everyone is a winner with our attractive Gift Scheme

• Rs.100/-         - A branded till 
• Rs.500/-         - A branded mug
• Rs.1000/-       - A branded cap
• Rs.2500/-       - A branded umbrella
• Rs.3000/-       - A branded school bag
• Rs.5000/-       - A gift token worth Rs.500/-
• Rs.10,000/-    - A gift token worth Rs.1,000/-
• Rs.15,000/-    - A gift token worth Rs.1,500/-
• Rs.20,000/-    - A gift token worth Rs.2,000/-
• Rs.25,000/-    - A gift token worth Rs.2,500/-
• Rs.50,000/-    - A bicycle or a gift token worth Rs.5,000/-
• Rs.100,000/-  - A bicycle or a gift token worth Rs.7,000/-
• Rs.500,000/-  - A computer worth Rs.50,000/- or a gift token for Rs 50,000/-

That's not all... your child is entitled to an insurance cover

When the Account balance reaches Rs.20,000/-  and is maintained for a period of one year or more your child is entitled to a hospitalization and surgical cover up to Rs.30,000/- per annum (maximum of Rs.20,000/- per event per annum at a private hospital. (Room charges upto a maximum of Rs.1000/- per day at private hospital and Rs.300/- per day at Government hospital.
*Conditions apply

What is the scholarship going to be?

If your child is an account holder, here's an opportunity for him/her to win a scholarship in the year 5 scholarship exam. Top 10 scorers from each district that the bank operates from will be chosen to receive these scholarships as a special incentive.To qualify for the scholarship provided by the bank the account should be opened prior to sitting the exam.

Eligibility criteria to open a Mithuru account

The Parent or Guardian should be 18 years or above and will be operated strictly in the name of the minor until he/she reaches age of 18 years. This account can be opened from the very day your child is born. Nevertheless the minor will be entitled to the gift scheme only if the account is opened before he/she reaches 16 years.

Documents Required

• Clear copy of the Birth Certificate
• Clear copy of the NIC or Passport or Drivers License of the Parent / Guardian

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