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HNB launches a new way to save for the entire family this Avurudu season

April, 8, 2019

  • Introduces 50% interest free cash advances on deposits made in the Avurudu season
  • Gifts and vouchers for Singithi Kids deposits till the end of April

Sri Lanka’s most customer friendly bank, HNB PLC, announced the launch of its radical revamp to its General and Minor Accounts, Avurudu Savings Promotions with the introduction of a first-of-its-kind 50% interest free cash advance on deposits made with the bank during the month of April in addition to a special range of gifts and vouchers for Singithi deposits, in celebration of the Sinhala and Tamil New Year.

Through the new promotion customers that place a minimum deposit with HNB of Rs. 50,000 will be able to avail themselves of a maximum cash advance of Rs. 25,000. The maximum deposit amount accepted by HNB will be Rs. 2 million while repayment on advances can be made after 12 months, or on a quarterly basis.

“At HNB we are always focusing on how we can improve on the value we give our customers. That is why we have totally revamped our promotion for this year in order to put the most value in hands our depositors, so that they in turn have maximum choice on what and how they spend their festival bonus – whether that be shopping for loved ones, settling a debt, or for any other purpose as they wish.

“Therefore we warmly wish our customers a happy Sinhala and Tamil New Year and invite each of them to avail themselves of this unprecedented offer and save while they spend - or even better - invest - while having peace of mind that HNB is here to support you,” HNB Senior Manager- Deposits, Viranga Gamage said.

Meanwhile, HNB’s youngest and most valued customers will also get a chance to double down on their savings this Avurudu season, with the bank offering all Singithi Lama, and HNB Teen account holders special gifts and vouchers on deposits made till April 30th , until stocks last.

This year, a deposit in a Singithi account of Rs. 7,500 will entitle the account holder to a gift of a Branded Jumbo mug, while deposits of Rs. 15,000, Rs. 25,000 and Rs. 50,000 will respectively receive a digital alarm clock, a trendy pencil case, and a trolley bag. Additionally, deposits of Rs. 100,000 and Rs. 250,000 will receive gift vouchers for Rs. 7,500 and Rs. 17,500 respectively.

“With our Singithi depositors, we are always looking for ways to work with parents and help children build excitement around the savings habit, and make the entire experience a rewarding one so that they become enthusiastic about taking control of their financial future from as young an age as possible,” Gamage stated.

Operating through 250 customer centres across the country, HNB was recognised by the prestigious Banker Magazine as one of the Top 1000 banks in the world and is also the highest ranked local bank in this listing. Over the recent past, HNB has also been adjudged Best Retail Bank 2018 by The Asian Banker Magazine in addition to being declared Best SME Bank, Best Digital Bank and the Best Cash Management Bank in Sri Lanka at the Asiamoney Awards 2018.

Over the recent past HNB was also named by Euromoney as the Best Corporate Cash Management Bank in Sri Lanka for 2018, in addition to being awarded Best Retail Bank and Best Micro Finance Bank at the International Finance Awards 2018 and being ranked among the Most Admired Companies in Sri Lanka by the International Chamber of Commerce and Chartered Institute of Management Accountants (CIMA).

Photo caption: Promotional Banner and (inset) HNB Senior Manager - Deposits, Viranga Gamage

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