NDB Shilpa Children's Savings Account

Your child deserves only the best.
Key Features

As a parent or guardian you want nothing but the best for your child and will always strive to save for their future while also instilling a savings habit in them. This is why we offer exciting gifts and a bonus interest for fixed monthly deposits as a rewarding experience for you and your child.

Gifts

Account Balance (LKR)

Gifts

2,500

Till

5,000

School Bag

10,000

Skate Board/ Doll

25,000

Smart Watch / Organ /Gift voucher of LKR1,000/- from Sarasavi /DSI / Abans /Singer /Tomahawk

50,000

Remote Control Helicopter / Scooter / Melodica / Gift voucher of LKR 3,000/- from Sarasavi /DSI / Abans /Singer /Tomahawk

75,000

Gift voucher of LKR 4,500/- from Sarasavi /DSI / Abans /Singer /Tomahawk

100,000

Gift voucher of LKR 7,000/- from Sarasavi /DSI/Abans/Singer/Tomahawk

150,000

Gift voucher of LKR 9,000/- from Sarasavi /DSI /Abans /Singer /Tomahawk

250,000

Gift voucher of LKR 12,000/- from Sarasavi /DSI / Abans /Singer /Tomahawk

500,000

A Gift voucher of LKR 15,000/- from Sarasavi /DSI /Abans /Singer /Tomahawk *

1,000,000

 A Gift voucher of LKR 25,000/- from Sarasavi /DSI /Abans /Singer /Tomahawk *

5,000,000

 A Gift voucher of LKR 75,000/- from Sarasavi /DSI / Abans /Singer /Tomahawk *

*Gift vouchers will be given at the branch in order to purchase listed items

Gifts for Lump Sum Deposits

Account Balance - LKR

 Gifts

 100,000

 Gift voucher of LKR 6,500/- from Sarasavi / DSI / Abans / Singer /Tomahawk

  • Account holders of 15 years and below will be eligible for the Gift Scheme

*Terms & conditions apply

Benefits Conditions
Free hospitalisation cover of LKR 2,500/- per day (max LKR 225,000/- per annum) Account balance reaches LKR 20,000/-
Hospitalization benefit will be doubled (LKR 5,000/- per day; max LKR 225,000/- per annum) Account holder admitted to ICU
Free life insurance and permanent disability cover of LKR 50,000/- for parent/guardian Account balance reaches LKR 20,000/-
Life insurance and disability cover for parent/guardian will be doubled (LKR 100,000/-) Account balance reaches LKR 50,000/-
Standing orders placed free of charge Transfers from parent’s/guardian’s NDB account to NDB Children’s Savings Account
Special rewards for child’s performance Grade 5 Scholarship Exam
Special rewards for child’s performance G.C.E. O/L Exam

*Terms & conditions apply

Criterion 01

Grade 5 Scholarship Exam

Ranking

Cash Reward Amount

All Island 5th Place

LKR 100,000/- each

All Island 5th to 10th Place

LKR 50,000/- each

Grades above 175

LKR 5,000/- each

Criterion 02

G.C.E O/L Examination

Ranking

No of Rewards

Value of scholarship

All Island 1st Place

1

350,000/-

All Island 2nd Place

1

250,000/-

All Island 3rd Place

1

200,000/-

All Island 4th Place

1

150,000/-

All Island 5th to 10th Place

6

50,000/- each


* Account should maintain a minimum account balance of LKR 20,000/- or more before the commencement of the exam in order to be eligible

MORE DETAILS
  • Account can be opened by parents/guardian for children between 1 day and 18 years old
  • Account can be opened with initial deposit of LKR 2,500/-
  • Account holders of 15 years and below will be eligible for the Gift Scheme
WHAT YOU'LL NEED
  • Parent’s/guardian’s National Identity Card
  • Child’s Birth Certificate

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