SDB Standard Savings

Standard Savings Scheme

The SDB Standard Savings account is a unique product which offers attractive rates of interest while retaining the facility of withdrawing the money wherever and whenever you need. Its sole purpose is to foster the habit of thrift in the customer.

 


Features and Benefits

  • The personalized SDB VISA Debit card can be used at any SDB ATM or any other ATM with the VISA logo around the country. The debit card can be used to purchase goods and services wherever merchants display the VISA logo indicating that VISA cards are accepted for payment.
  • The customer is also entitled to nominate a person to be the beneficiary of the account, after his/her demise.
  • Free Standing Order facilities.
  • Interest will be calculated daily basis and credited monthly to the respective savings accounts.

Eligibility

  • The Account holder must be a Sri Lankan Citizen over 18 years of age. The required minimum initial deposit is Rs.500/= to open an account

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License. For non-resident Sri Lankans – A copy of the valid passport with a valid copy of the visa.
  • Duly filled Account Opening Mandate
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411

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Dashaka Savings Scheme

Dashaka is a savings scheme to celebrate SDB’s first decade of success in the Sri Lankan banking arena. This was launched to celebrate the 10th Anniversary of the bank. Customers can withdraw money whenever and wherever they want, while receiving an attractive rate of interest.


Features and Benefits

    • In addition to the normal interest rate for savings accounts, the Dashaka Savings Scheme offers an additional 1% interest when increasing the deposit balance up to Rs.100,000/= and an additional 2.5% interest when increasing the deposit balance up to Rs.1,000,000/=.
    • The personalized SDB VISA Debit card can be used at any SDB ATM or any other ATM with the VISA logo around the country. The debit card can be used to purchase goods and services wherever merchants display the VISA logo indicating that VISA cards are accepted for payment.

Eligibility

      • The Account holder must be a Sri Lankan Citizen over 18 years of age. The required minimum initial deposit is Rs.5000/=.

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License. For non-resident Sri Lankans – A copy of the valid passport with a valid copy of the visa.
  • Duly filled Account Opening Mandate.
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411

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Lakdaru

“Lakdaru” is a Children’s Savings Account to support the fast paced development of children. “Lakdaru” offers attractive gift schemes and scholarships. This helps parents to achieve their dreams and the dreams of their children. It also helps a child to cultivate the savings habit from the beginning.


Features and Benefits

  • Lakdaru Account holders are eligible for gift schemes and scholarships.
  • In addition to the normal interest rate for savings accounts, the Lakdaru Account offers an additional 1% interest when increasing the deposit balance up to Rs.10,000/= and 2% interest when increasing the deposit balance up to Rs.1,000,000/=. A medical cover insures the Lakdaru Account holder child, and an accidental death cover insures the guardian.

Eligibility

  • The required minimum initial deposit is Rs.500/=.
  • A Lakdaru account can be opened by a parent or guardian (Sri Lankan citizen) over the age of 18, for children below the age of 18.

Documents Required for Opening an Account

  • A copy of the NIC, Passport or Driver’s License of the parent or guardian.
  • A copy of the Birth Certificate of the child.
  • A duly filled Account Opening Mandate.
  • A copy of a utility bill or a bank statement from another bank or any other valid address verification document of the guardian, if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411.

 

SDB Uththamavi

SDB Uththamavi

SDB Uththamavi is a complete financial solution package for personal and business needs providing convenience, efficiency, personal and family security to courageous women in Sri Lanka.

SDB Uththamavi Women’s Savings Account is a unique offering for women above the age of 18 years with host of benefits. Savings habit is essential in taking the country towards prosperity. Therefore, SDB’s “Uththamavi Women’s Savings Account” is thoughtfully designed to inculcate savings habit among courageous women entrepreneurs in Sri Lanka to contribute to the Sri Lankan economy.


Features and Benefits

Especially for Uththamavi Savings Account holders,
  • A special higher interest rate up to 6% for Uththamavi Women’s Savings Account
  • SDB Dayada Children’s Investment Certificate on the birth of a child with a face value of Rs.20,000/- *
  • or a voucher worth of Rs.4,000/- to purchase clothing/ accessories/ footwear or cosmetics from a retailer of your choice*

  • Low interest loans for women entrepreneurs engaged in small and medium enterprises
  • Personal loans for women in confirmed employment (permanent cadre) in the Government or private
    sector
  • Gold loans and Pawning at a concessionary rate*
  • Capacity building, self-employment and skills development trainings for women entrepreneurs
  • SDB VISA Debit card is provided and can access your account from anywhere through the Visa enabled ATMs island-wide and also you can make payments for goods and services using your SDB VISA Debit card to any Visa accept merchant
  • SDB SMS Banking facility

*Conditions apply

*The values stated above are as per interest rate as of 1st of August 2016 and the face value of the certificate may vary with the age of the child


Eligibility

  • The required minimum initial deposit is Rs.500/=.
  • Sri Lankan female citizens between 18 – 55 years

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License.
  • Duly filled Account Opening Mandate.
  • A copy of a utility bill or a bank statement from another bank or any other valid address verification document of the guardian, if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Call 0115 411 411 for further details

SDB Dayada

SDB “Dayada” Children’s Investment Account

Financial planning is the process of meeting life goals through proper management of finances. It is to ensure that the right amount of money is available in the right hands at the right point of time in future, to achieve individual’s life goals. Ideally SDB Dayada is a perfect account for children to make sure that the required amount of money is available for your child’s future events, such as investing for his/her higher education, for his/her marriage or as an initial capital to start up a business.


Features and Benefits

  • SDB Dayada is a lump sum deposit which assures a guaranteed return for the child, despite any interest rate fluctuations
  • Certificate could be en-cashed upon the beneficiary attaining 18 years of age
  • Certificates are to be obtained, ranging from Rs 5,000 up to Rs 1,000,000

Click here for benefits

Lump Sum Deposit(Rs)
Guaranteed Return(Rs) For a new born Baby At 5th Birthday At 10th Birthday
5,000 995 1,559 2,440
25,000 4,977 7,793 12,202
50,000 9,955 15,586 24,403
100,000 19,909 31,172 48,806
500,000 99,549 155,862 244,031
1,000,000 199,099 311,725 488,062

The above stated values are as per market condition as of 01/08/2016

*Terms and Conditions apply


Eligibility

  • This investment account is for children below 13 years of age
  • Anyone including parents, guardians, well-wishers ,scholarship offerers ,insurance companies who wish to obtain a guaranteed return for the investment made on behalf of the child can offer SDB Dayada as a valuable gift

Documents Required for Opening an Account

  • A copy of the NIC of a person who opens up SDB Dayada account on behalf of the child
  • A filled SDB Dayada Application and an Account Opening Application
  • A copy of child’s birth certificate (not compulsory)

If Interested

Click here to access to SDB Dayada Application and an Account Opening Application that can be printed and completed

Visit the nearest SDB branch together with a duly filled SDB Dayada Application and an Account Opening Application along with the relevant supporting documents or contact your nearest SDB branch or call 0115 411 411

Jawaya

Jawaya

Giving strength to the Aspirations of Youth

The entrepreneur who strives to succeed is the lifeblood of our economy that fuels trade and prosperity. Recognising their toil and hard work, and helping them towards their goal, every step of the way is Jawaya Youth Savings Account from SDB bank.

Saving for a secured tomorrow is a prudent path to success. Open a “Jawaya” Youth Savings Account and enjoy the highest return and benefits for your savings and build a future of financial freedom.


Features and Benefits

  • Special rate of interest up to 6% per annum
  • SDB Dayada Children’s Investment Certificate on the birth of a child* OR
  • A voucher to the value of Rs. 4,000/- to purchase clothing/footwear or Training /instruments*
  • Low interest loans for small and medium – scale entrepreneurs
  • Personal loans for people in confirmed employment (permanent cadre) in the Government or Private sector
  • Capacity building training, self-employment and skills development training for entrepreneurs
  • SDB Visa Debit Card, SDB SMS banking facility and m_cash facility

*Conditions apply


Eligibility

  • Sri Lankan citizens (males) between 18-55 years of age are eligible to open a Jawaya savings account
  • The required minimum initial deposit is Rs.500/=

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License.
  • Duly filled Account Opening Mandate.
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411 for more details

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Returning Senior Citizens to the Economy

The Upahara Account provides financial care and convenience and offers attractive interest rates, for Sri Lankan citizens over 55 years of age.


Features and Benefits

  • In addition to the normal savings rate, 1% interest is offered for deposit balances up to Rs.999,000/= and 2.5% interest when increasing the deposit balance to Rs.1,000,000/=.
  • Loan facilities are available against the savings balance up to 80% of the deposit.
  • An attractive loan facility is available for government pensioners who have Upahara Saving Accounts.
  • Although banks traditionally do not lend to persons over the age of 55 years, SDB provides credit for retired, senior citizens, to return to an economically active status. This reduces social dependency, contributes towards reducing the abuse of elders, and enhances the national economy.
  • The ultimate objective is to re-join these segments back to the workforce and to get their contribution towards the country’s economic development. This is an ideal solution for dealing with an ageing population. This is a strategy which should be given national significance

Eligibility

  • Accounts can be opened by Sri Lankan citizens over 55 years of age
  • Required minimum initial deposit is Rs.500/=

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License.
  • Duly filled Account Opening Mandate.
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411

SDB Ayojana

The SDB Ayojana Account is a superior investment plan designed to help you to achieve your life goals. Whether it is the initial equity contribution on your very own motor vehicle, marriage or your child’s higher education or any other future commitment, SDB Ayojana Account will help you to save money according to a pre – defined target amount while earning a higher interest on your deposit.

This is an ideal solution for you to build up funds for a future expense / investment together with an interest rather than obtaining a loan for the purpose and pay interest on it.


Features and Benefits

  • Highest rate of interest during the period of investment
  • Customized plans according to your capacity to invest
  • Freedom to choose the target amount (minimum of Rs 15,000/- to maximum of Rs 10 million) and the period
    of investment (minimum of 1 year to maximum of 10 years)
  • Click here to select your SDB Ayojana Plan

Eligibility

  • A Sri Lankan Citizen over 18 years of age is eligible to open a SDB Ayojana Account.

Documents Required for Opening an Account

  • Copy of the NIC, Passport or Driver’s License.
  • Duly filled Account Opening Mandate.
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411

SDB Top Saver

SDB Top Saver savings account is a unique savings account that offers highest interest rate in Sri Lanka for savings up to 10% per annum, with unlimited withdrawals.


Features and Benefits

  • Special rate of interest up to 10 % (AER 10.46) per annum
  • Unlimited withdrawals
  • VISA debit card facility
  • SMS service

*Conditions apply


Interest Rates

Account balance Interest Rate(p.a.)
Rs.5,000 – Rs. 9,999 4.00%
Rs.10,000 – Rs.24,999 5.00%
Rs. 25,000 – Rs. 49,999 6.00%
Rs. 50,000 – Rs. 99,999 7.50%
Rs.100,000 – Rs. 499,999 9.00%
Rs. 500,000 and above 10.00%

Eligibility

  • Sri Lankan citizens over the age of 18 years
  • The required minimum initial deposit is Rs.5,000/=

Documents Required for Opening an Account

  • National Identity Card, Passport or Driving License
  • Duly filled Account Opening Mandate
  • Copy of a utility bill or a bank statement from another bank or any other valid address verification document if the address is different from that on the NIC.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411

This account is specifically designed for Co-operative Societies, the Co-operative Sector and NGOs and is designed to empower the rural economy. The SANASA Co-op/NGO Savings Account aims to bridge the gap between the village and the city. Through this account, rural savings are linked to national economic development. This enables the money in the informal sector to be added to the money circulating in the country’s banking system.


Features and Benefits

  • In addition to the normal savings rate, an additional 0.25% interest is offered for this account.
  • Account holders are eligible for periodic gift schemes.

Eligibility

  • The account holder should be registered with the relevant authority.

Documents Required for Opening an Account

  • Copy of the Board Resolution authorizing the opening of an account with the SDB.
  • Duly filled signature card.
  • Duly filled Account Opening Mandate.

If Interested

Click here to access an account opening form and other forms that can be printed and completed.

Visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents or Contact your nearest SDB branch or Call 0115 411 411