SDB launches TOP SAVER savings account with 10% interest

SDB bankrecently launched TOP SAVER savings account in conjunction with its 20thanniversary celebration. Apart from offering several key benefits to the account holder, the TOP SAVER also offers a significantly high interest of 10%.

Any Sri Lankan above 18 years of age is eligible to open a SDB’s TOP SAVER savings account and grow their balance rapidly as a result of its high interest rate. Starting with a 4% interest rate per annum, the TOP SAVER offers 6% interest for a balance above Rs. 25,000, and pays 7.5% interest for a balance of Rs. 50,000. As the account grows into Rs. 100,000 and above, the bank offers an attractive 9% interest and eventually when the balance approach Rs. 500,000 the account holder can enjoy the full benefits of an amazing 10% interest rate per annum.

Commenting on the launch of the new savings account Mr. Sameera D. Liyanage, Asst. General Manager / Head of Marketing of SDB noted, “We are happy to announce the launch of the new savings account ‘TOP SAVER’ to the nation, as we commemorate the 20th anniversary of our bank. SDB has constantly strived to offer the best to our customers and through our new savings account we are able to pay the highest interest rate paid per annum for any savings account. TOP SAVER not only issues a Visa Debit Card which can be used formaking withdrawalsat any time from any VISA ATMs island-wide, but also allows unlimited withdrawals. This makes our new savings account truly unique and a cut above the rest.”

SDB TOP SAVER savings account also offers SMS service which offers services such as balance inquiry of savings account, mini statement, transaction alerts, as well as the details of new products and bank promotions.

SANASA Development Bank PLC is registered as a licensed specialized bank by Central Bank of Sri Lanka under the Banking Act no 30 of 1988 which operates with an island-wide branch network of 91branches.

SDB has introduced a variety of banking products and services to cover vast range of customers, from new born babies to senior citizens. Special financial packages have been introduced for youth and women entrepreneurs. Recently foreign giants such as FMO, SBI Holdings and IFC have invested in SDB bank to strengthen its capital and expand services to SME sector.