Union Bank of Colombo PLC · Savings Account
#120 of 194 · Pays more than 35% of savings accounts that publish a rate.
Rates and terms last verified 14 July 2025. Confirm the current terms with the bank.
Full details on Union Bank of Colombo PLC's website(opens in a new tab)| Category | Rate p.a. |
|---|---|
| Salary Savings | 3.75% |
Union Bank lists Up to 3.75% per annum for the Salary Select. That is a ceiling; the rate you are offered depends on your profile. Pays more than 35% of savings accounts that publish a rate.
Employed individuals from 18 years to below 60 years Employed individuals with a net salary of LKR 500,000 and above (Elite Circle status) or Employed individuals with a net salary less than LKR 500,000 and above LKR 35,000/-.
Duly completed application form.; Duly completed declaration form for the insurance as applicable; Undertaking to remit salary to Union Bank; Proof of identity (NIC / Passport), Salary (salary slip within last 3 months) & proof of address (utility bill / bank statement within last 3 months); Completed VISA Debit Card application.
The Salary Select is a savings account from Union Bank in Sri Lanka. The features, eligibility and documents above come from the bank's published terms; confirm them with Union Bank before you apply, as rates and conditions change.
Compare savings accounts by interest rate, the minimum balance needed to earn it, fees, and the extras: accounts for children, seniors and women often come with higher rates, gifts or insurance.
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