Highlights

You can select your investment period as you desire, from 2 to 6 years
You can target for a savings goal of any amount starting from Rs.500,000/- (In multiples of Rs.500,000/-)
You will be able to get an instant loan up to a maximum of 75% of the account balance
You can appoint a nominee for your funds

Features

You have the opportunity to invest in a fixed monthly amount over a period of 2, 3, 4, 5 or 6 years.
According to your requirement, you can receive any amount starting from Rs.500,000/- (in multiples of Rs.500,000/-).
The monthly amount that you need to deposit will vary depending on the investment period and the amount which you expect to receive.
In the event of an unexpected demise, the nominee (nominated by the account holder) will receive the amount invested to date together with accrued interest.

Investment Period	Monthly Deposit Amount (Rs.)
Investment Period	For Rs.0.5 Mn	For Rs.1 Mn	For Rs.2.5 Mn	For Rs.5 Mn	For Rs.10 Mn
2 Years	19,000	38,000	95,000	190,000	380,000
3 Years	12,100	24,200	60,500	121,000	242,000
4 Years	8,650	17,300	43,250	86,500	173,000
5 Years	6,600	13,200	33,000	66,000	132,000
6 Years	5,250	10,500	26,250	52,500	105,000

Eligibility

If you are a resident of Sri Lanka over 18 years of age, you are eligible to open a Millionaire Investment Plan.

Interest rates

	Interest Rate (p.a.)
Interest paid monthly	9.00

Required documents

Account mandate.
Know Your Customer (KYC) form.
National Identity Card/ Valid Driving License/ Valid Passport that carries the NIC number.
Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>

Opening an account

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.

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.