
Saving Account
Minor Savings - 'MUTHU'
Singer Finance (Lanka) PLC
Savings Account Information
Saving Account
Privet Banking
General
| Category | Rate |
|---|---|
| Children Savings | 7.75% |
Rates and terms last verified on 18 August 2025.
Description
Invest in your child's future with our minor savings accounts
Features
- Initial Deposit will be Rs.300/= and withdrawals are restricted until the minor account holder attains the age of 18 years.
- Ability to celebrate the child's milestones with joy and encouragement, creating a positive journey toward adulthood.
- Eligible deposit liabilities are insured under the Sri Lanka Deposit Insurance Scheme, implemented by the Monetary Board, with compensation up to a maximum of Rs.1,100,000/- per depositor.
Eligibility
- Only for Children’s age under 18 Years
Documents Needed
- Duly complete 'MUTHU' Aplication Form
- Know Your Customer Form
- Child Birth Certificate
- A Copy of National Identity Card (NIC) /Driving License or Passport of the Guardian
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