A bright future, guaranteed today

Today your kids have relatively few needs. But when they grow up, you will want them to have the best of everything. Will you be able to support them throughout their life?

Vardhana Junior is a product that is specially designed to help you to face this challenge with confidence. Vardhana Junior will ensure that your children are taken care of from birth until they are 18 years old.

Vardhana Junior is a Children's Savings Account unlike any other, with a wonderful array of various benefits linked to education and security at different stages.

Level 1*

• Start Savings with a minimum start up Deposit of only Rs.1,000
• A lovely Branded Till will be provided to encourage the habit of saving.

Level 2*

• Enjoy added benefits of the next level with a minimum start up deposit is only Rs.5,000
• A free life insurance cover of Rs.100,000 will be provided for the guardian.
• A lovely Branded Till will be provided to encourage the habit of saving.
• The age of the child should be below 3 years.

Level 3*

• On your child's 3rd Birthday a Beautiful Penguin shaped school bag or a lovely T-Shirt will be gifted.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.20,000 maintained on average for the last 2 years.

Level 4*

• On your child's 5th Birthday a Fun Filled Branded TV Game or a Stylish Wrist Watch will be gifted.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.30,000 maintained on average for the last 2 years.

Level 5*

• On your child's 6th Birthday a Branded Melodious Melodica or a gift voucher of Rs.1,000 will be gifted.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.50,000 maintained on average for the last 2 years

Level 6*

• On your child's 10th Birthday a Branded Sporty Bicycle or a gift voucher of Rs.5,000 will be gifted.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.150,000 maintained on average for the last 2 year

Level 7*

• On your child's 13th Birthday a valuable computer course of Rs.20, 000, will gifted by the bank.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.300,000 maintained on average for the last 2 years

Level 8*

• On your child's 16th Birthday an attractive interest rate loan for Rs.100,000 to purchase a fully computer will be given to the guardian.
• The payment will be made by the bank to a nominated supplier.
• A very special birthday card signed by Junior will be sent
• The minimum balance of the account needs to be Rs.500,000 maintained on average for the last 2 years
• The maximum term of the loan facility would be one year.

Level 9*

On your child's 18th Birthday

• Free ATM
• Free Credit Card (no joining fees )
• To qualify for the above need to have maintained a balance of Rs.100,000 over the last 2 years
• Students selecting to do a professional study programme like CIM/CIMA/SLIM can obtain a loan to the double the maturity value of their                         savings
• Or Students selected to a university or higher education acceptable to the bank at the prevailing times ,in Sri Lanka can look forward to a dole system payment of Rs.3,000 per month for the next three years (while in university) provided that the account balance for the last 2 years has been maintained at Rs.400,000.

* Conditions Apply