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Ran Ulpatha, Regular Saver’s Account

With Double Interest and a Free Life Insurance Cover.

This is a concept similar to “Seettuwa” and is ideal for regular savers who seek a higher return with small regular savings. Any individual above 18 years of age can open a Ran Ulaptha regular savings account and only requires a monthly deposit to enjoy double interest.

Benifits:

  • Higher Rate of Interest - 2%  higher than the annual interest rate of Normal Savings accounts

  • Bonus Interest - 10% bonus interest on the interest earned will be offered, if no withdrawals have been made and at least three deposits have been made each with a minimum amount of Rs. 100/- during each quarter.

  • Free Life Insurance Cover up to Rs: 500,000/ - Account holders within the ages of 18-60 years who carry a minimum balance of Rs. 10,000/- for a continuous period of 6 months prior to the date of the incident on which a claim is made will be covered by this life (natural or accidental) insurance cover. 

    Amount of cover – 10 times the minimum balance maintained during the period of 6 months prior to the date of the incident, subject to a maximum of Rs. 500,000/-.
  • Withdrawals are permitted - only 3 withdrawals are permitted during the 90-calendar-day period following the last withdrawal. If the number of withdrawals exceeds three, the account will be transferred to normal savings category and thereafter all benefits offered to BOC Ran Ulpatha account cease to exist.

Ideal for:

  • Regular income earners and salaried employees who want to save monthly.

  • Self employed and other income earners who want to save regularly.

Special Features:

  • Specially designed Ran Ulpatha passbook.

  • Accounts will have a minimum maturity period of three years. Account holders can continue the account even after three years, but the benefits will be subject to annual review.

* Conditions Apply

(Bank of ceylon holds the authority to change, add or revise any condition, term or statement in this facility).

For more information, please contact the Manager at your nearest BOC Branch or call centre: 011 220 4444

Chief Manager,
Product Management  Unit, 

25th Floor, Head Office,
Bank of Ceylon,
No: 01, BOC Square, Bank of Ceylon Mawatha
,
Colombo: 01.
Tel: (+94) 011 245 2056 / 011 220 5062 / 011 220 5006,
E mail:  cmpm@boc.lk