Highlights

• Encourage teenagers to save while controlling their spending.
• Builds independence and financial discipline among teenagers. 
• A higher interest rate than the regular savings account will be offered for Dotcom Account.
• A Dotcom Debit Card will be offered to your child at a discounted price.
• Loan facilities will be offered for the parent or the legal guardian for educational purposes of the child.

Facilities

• e-Statement facility - Free of charge. 
• Mobile Banking facility - Free of charge. 
• ComBank Digital - Registration fee and annual fee waived off. 
• SMS alert facility - Registration fee waived off. 
• Debit Card - Personalized or instant card. 
• COM e-load facility - Free of charge. 

Features

You can set up a free Standing Order to transfer funds monthly to your child’s account.  

Maximum balance of the account is restricted to Rs.250,000/-.  

Interest will be calculated on a daily basis and credited monthly.

Your child can make payments for goods and services using 'Dotom' Debit card, to any merchant with a POS machine connected to Visa, Mastercard, UnionPay & JCB network.

Quarterly statements.

Interest rates

Eligibility

Any Sri Lankan citizen between the ages of 10 and 18 years is eligible to open this account.

If your child is aged above 16 and below 18 years he/ she can open the Dotcom Teen Account by him/ herself. 

If the child is aged between 10 and 16 years, the Dotcom Teen Account should be opened by a parents/ legal guardian on behalf of the child. 

Documents required

If above 16 years & below 18 years,

1. Dotcom' Teen Account mandate.
2. Know Your Customer (KYC) form. 
3. Your child's National Identity Card/ Valid Passport that carries the NIC number.
4. Address verification documents (If the address given to the bank is different from the National Identity Card.) More info >>

If above 10 years & below 16 years,

1. Dotcom' Teen Account mandate.
2. Know Your Customer (KYC) form .
3. Depositor's(Parents/Legal Guardian) National Identity Card/Valid Driving license/Valid Passport that carries the NIC number.
4. Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>
5. Original birth certificate of the minor (copy to be retained with branch).
6. Postal Identity Card/ Valid Passport of the child. (Only if available)

Opening an account

Minimum initial deposit – Rs 2,000/-.

Complete all documents mentioned above and hand them over to your branch.

Deposits & withdrawals

Withdrawals up to Rs 20,000/- per day can be made through branch counters or ATMs.

You can make deposits & withdrawals over the Bank counter or using Automated Teller Machines (ATM), Cash Deposit & Recycle Machines(CDM/CRM).

Key Facts Document »

Your deposit is protected under the Sri Lanka Deposit Insurance Scheme

What is the Sri Lanka Deposit Insurance Scheme (SLDIS) ?

The Sri Lanka Deposit Insurance Scheme (SLDIS) was introduced by the Central Bank of Sri Lanka (CBSL) to promote overall financial system stability. It provides a mechanism to protect depositors in the event of a failure of a member financial institution, thereby maintaining depositor confidence and supporting the stability of the financial system. Under SLDIS, insured depositors are compensated up to a specified maximum amount, known as the “coverage.” The current coverage is Rs. 1,100,000 per depositor, per institution.

More Info >>

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.