Highlights

• You will receive a higher interest rate. 
• A free Debit Card will be offered with year round attractive discounts.
• You can get an advance of up to 75% of your monthly remitted pension. (Subject to a maximum limit of Rs. 50,000/-)
• You can apply for a Pensioners’ Loan up to 3 Mn with a longer repayment period up to 10 years (The Pensioner needs to be below 74 years of age to be eligible for this facility).
• A ComBank International Credit Card could be offered to you with joining fee and 1st year annual fee waived off.
• You can open either a Statement Savings or a Pass Book Savings Account according to your choice
• You can appoint a Nominee for your account.

Facilities

• Priority service from all Commercial Bank branches.
• ComBank Digital - Registration fee and first year annual fee waived off and from the second year onwards 50% concession on the annual fee.
• Mobile Banking facility - Free of charge.
• Debit Card - Personalized or instant card. 
• SMS alert facility - Registration fee waived off.
• e-Passbook facility - Free of charge.
• e-Statement facility - Free of charge.

Features

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.

Interest rates

Eligibility

If you are a Government Pensioner/Pensioner of Ceylon Electricity Board/The Central Bank of Sri Lanka or a widower of a pensioner who receives a monthly pension from the Department of Pensions, you are eligible to open a Yasasa Pensioners’ Savings Account.

This account could be opened as an individual account in your name or even as a joint account with one or more parties. 

Joint accounts could be opened in the following instances.

1. When both contributor and spouse are pensioners and intend to maintain a single account in respect of them.
2. Maintain joint accounts with children who are in government service.

Deposits & withdrawals

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.

Required documents

1. Account mandate.
2. Know Your Customer (KYC) form.
3. Pension Identity Card or documentary proof to prove that you are a pensioner.
4. National Identity Card/ Valid Driving License/ Valid Passport that carries the NIC number.
5. Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>

Opening an account

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.

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.