'Yasasa' Pensioners' Savings Account
A range of special benefits exclusively for Government Pensioners.
Calculated daily & paid monthly
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Your interest will be calculated on a daily basis and credited monthly.
Your money is freely available for withdrawals or transfers. No prior notice is required. There is no minimum period for deposits.
You can also make payments for goods and services using your Debit card, to any merchant with a POS machine connected to Visa, Mastercard, UnionPay & JCB network.
Fast, convenient and 24/7 unlimited access points to your account from anywhere in the world through our Online Banking, Mobile Banking, ePassbook facilities and our automated touch points (Cash deposit, Cheque deposit, Cash withdrawal machines).
You have the option of requesting either a personalised or instant Debit card free of charge with higher withdrawal or transaction limits.
Interest Rate (p.a.)
Annual Effective Rate
|Udara Savings - Int paid monthly||3.00||3.04|
|Udara Fixed Deposits - Int paid monthly||13.60||14.48|
|Udara Fixed Deposits - Int at maturity||14.50||14.50|
If you are a senior citizen aged 60 years and above you are eligible to open this account.
Account could be opened as an individual account in your name or as a joint account with one or more person aged 60 years and above.
All deposits and withdrawals can be made through ATMs, CDM, CRMs or over the branch counters.
If you are a Passbook savings account holder, please produce your passbook along with the duly completed withdrawal form, when making over the counter withdrawals.
In addition to cash deposits, you can deposit cheques, Bank drafts and money orders drawn in favour of your or your bank's name.
Minimum initial deposit – Rs 1,000/-.
Duly complete all documents mentioned above and hand them over to your branch.
You can collect an account mandate from your nearest Commercial Bank Branch or download it from our web site.
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.
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