Offering the highest interest rates to the co-operative sector, the SDB Co-operative Top Saver account has become the ideal savings account for enterprising and fast progressing businesses in Sri Lanka.

FEATURES AND BENEFITS
  • Highest interest rate of up to 10% for savings
Account Balance
Rs. 25,000 - Rs. 2,499,999
Interest Rate (p.a.)
4.50%
Account Balance
Rs. 2,500,000 - Rs. 4,999,999
Interest Rate (p.a.)
6.50%
Account Balance
Rs. 5,000,000 and above
Interest Rate (p.a.)
10.00%
  • Interest calculated on daily basis based on the day-end balances and credited monthly
  • Loan facilities against savings balances with ability to avail up to 80% of the deposit for a 1 year loan renewal period. 

*Conditions apply

 
Eligibility
  • A minimum initial deposit of Rs. 25,000/=
  • SANASA Societies
  • Multi-purpose Co-operative Societies and other Co-operative Societies
  • Welfare and death donation societies
  • Companies registered under Companies Act of Sri Lanka
  • Non-governmental organizations
  • Any other institutions acceptable to the bank
Required Documentation
SANASA Society / Union / MPCS / Other Society

 

  • Duly filled account opening mandate
  • Certified copy of Registration Certificate of Society
  • Certified copy of a Memorandum and Articles of Society
  • Certified copy of a resolution of the Board of Directors
  • Society declaration form
  • Signature Card
 
Limited Liability Companies
 
  • Duly filled account opening mandate
  • Certificate of Incorporation (For inspection and return
  • Copy of the Memorandum and Articles of Association. (Duly certified by the Chairman and Secretary)
  • Certified copy of a resolution of the Board of Directors (Overleaf)
  • List of Directors certified by the Registrar of Companies on Form 48
  • Certified copy certification to commence business (If a public company)
  • Duly completed and witnessed signatures card of the Directors
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