Surpassing the traditional benefits regular customers have availed themselves of BOC introduced its Smart Salary Saver product with a series of novel features and digital value additions to salaried employees and professionals.
Offered to permanent employees across government, semi-government, and private sector institutions, BOC’s specialized account is set to offer unmatched value to a wide range of employees and professionals with its one-of-a-kind product features. The offer is ready for those employees with a remittance of a proven monthly take home salary of LKR 25,000 minimum.
The Initial deposit is LKR 2,000/-. However, there is no monthly fee or service charge thereafter. One of the main benefits includes an instant salary advance of up to 90% of your monthly take home salary, investment of additional funds daily in a Fund Management account with a return, retaining a balance of Rs.10,000/- in your Smart Salary Saver account for day to day expenses. (Conditions apply)
A BOC customer with a Smart Salary Saver account can enjoy the salary advance facility, after his or her salary is credited to the account for 3 consecutive months. The salary advance is offered for 6 months during which the repayment is made through monthly salary remittance on a revolving basis.
The Smart Salary Saver account has the access for equally attractive range of digital features such as ‘B App’ mobile banking facility, BOC SMART Online Banking and SMART Pay- QR based payment App bundled to the offer as essential to ensuring career progress by enabling convenience across various aspects of life.
Account holders are offered NFC-enabled electronic card, allowing customers to carry out e-commerce and other digital transactions with ease.
The use of the Smart Salary Saver account also carries benefits such as SMS alerts plus E-statements, to keep track of finances digitally on the go. Its functionality is augmented through the offering of BOC’s Smart Passbook, an innovation which offers the benefit of a traditional passbook or current account statement, in digital form. It allows customers to view account balances and remain abreast of transactions.
BOC’s Smart Salary Saver product, a fresh offering with a range of professional-specific digital features, is geared to provide conveniences to customers, ensuring quick, simple, and accurate fund management, payment ability, plus transaction tracking. The product, therein, will create considerable opportunity to advance oneself professionally and enable career growth.
Being the hallmark for trust and the stability in the Sri Lankan banking and finance industry, Bank of Ceylon has passed exceptional milestones in its 82 year long journey. The Brand Finance Lanka has recognized the brand “BOC” as the No.1 Banking Brand in the country for the 13th consecutive year. It has reported the highest profit in the industry for the year 2020 of LKR 23.6 billion (PBT) and currently maintains the strongest balance sheet in the industry with over Rs. 3 Trillion Asset base, Rs.2.5 Trillion Deposit base and Rs.2 Trillion Loans and Advances. Being a state sector institution, BOC has clearly become a role model as a responsible Corporate Citizen in Sri Lanka.