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   18+ Savings Account


18 plus is the comprehensive savings package designed for the youth. 18 plus account can be opened at any Bank of Ceylon branch island wide by any Sri Lankan citizen between the age of 18 to 25 and they can enjoy the benefits of this account up to age of 35 years. Existing Ran Kekulu and 14 plus accounts will be automatically converted to 18 plus Accounts at the age of 18 years.

Features/ Benefits:

Free Ran Kekulu account for your First Baby

(Minimum balance of Rs.10, 000/- to be maintained for a period for 12 months prior to the birth of your first baby. )

Life Insurance for Account Holder

The maximum insurance cover of Rs. 500,000/- or 10 times the minimum balance will be paid in the event of the death of an account holder (Minimum balance of Rs.10, 000/- to be maintained for a period for 6 months prior to the date of the mishap)

Medical Insurance

Medical insurance up to Rs. 100,000/- per annum in case of accident or 10 critical illness requiring hospitalization more than three nights. (Minimum Balance of Rs. 10,000/- should be maintained for a period of six months prior to the date of accident/illness)

Private Hospital: Actual expenses incurred up to a maximum of Rs: 100,000/- or
Government Hospital: Rs: 600.00 per day for a maximum of 30 days

Higher Interest

A higher rate of interest (0.5% above the rate payable to Normal Savings accounts)


Instant loan up to 90% of your account balance


ATM cum Debit card with Global Access


Internet Banking Facility and SMS banking Facility


University scholarship for eligible account holders

Those who maintain a minimum balance of Rs.5000/- during a calendar year ( I.e. from January to Dec), and have passed the GCE A/L Examination during the same year having been registered in a Sri Lankan university will be entitled to apply for the draw of 18 plus.


Required Documents for opening an account:

National Identity Card
Address proof (If not residing in the same place mentioned in NIC)


(Bank of Ceylon holds the rights to change, add or revise any condition and facilities offered for the Account)

For more information please contact the Manager of your nearest BOC branch or contact our Call Centre: 011 220 4444


Click here to download Scholarship Application (2014 & 2016) 


Application Download
Click here to Download