» What is Thilina Rakawarana?

Thilina Rakawarana is a uniquely designed investment plan to guarantee children’s future financial security.

Parents/ Guardians are offered several optional monthly deposit plans and the Bank agrees to give a guaranteed sum to the child upon reaching the age of 18 years. Deposits can be made on a monthly basis or as a lump sum and guaranteed value at maturity depends on the deposit plan and the age of the child.

Parents/ Guardians can choose the best option depending on their monthly income, child’s age and the wealth that they wants to create for the child at the age of 18 years.

» Why should I invest in Thilina Rakawarana?

Unique feature of Thilina Rakawarana is even in the event of the depositor’s demise or becoming permanently disabled before completing the deposit plan, the guaranteed sum will be paid to the beneficiary at the maturity of the investment. And the agreed maturity value is guaranteed from the date of the first deposit itself.

You can also have an option to invest the total of the selected monthly deposit plan as a sump sum on opening of the account.

» For Whom ?

From a new born of day one to 12 years of age

» What are the other Benefits?

• Account can be opened from even Rs. 100/- .
  
  
• In the event of the depositor’s demise or becoming permanently disabled before completing the deposit plan, the guaranteed sum will be paid to the beneficiary at the maturity of the investment.
  
  
• You can choose a optional monthly deposit amounts as 100/-, 500/-, 1000/-, 1500/-, 2000/-, 2500/-, 3000/-, 3500/-, 4000/-, 4500/- and 5000/-
  
  
• There are also four options available in selecting the initial monthly deposit period. It can be 2 year, 3 year, 4 year or 5 year deposit plan which can be chosen by the basis of the child’s age.

» Year 5 Scholarships

Account holders who fall within the district highest marks earning 10 students in Year 5 scholarship program will be given scholarships worth Rs. 10,000/- each

» O/L Scholarships

Account holders who fall within the district highest marks earning 10 students in O/L examination will be given scholarships worth Rs. 25,000/- each

» A/L Scholarships

Account holders who fall within the district highest marks earning 10 students in A/L examination will be given scholarships worth Rs. 50,000/- each.