Saving Account

Salary Select

Union Bank of Colombo PLC

No description available

Savings Account Information

Saving Account

Privet Banking

General

Category	Rate
Salary Savings	3.75%

Rates and terms last verified on 14 July 2025.These rates may be outdated — please confirm with the bank before applying.

Description

No description available

Features

Slab based interest rates to encourage higher savings
Credit Card with a guaranteed limit up to 3 times the salary ( Max. LKR 3 Mn).
Free monthly e-statements.
Free online & mobile banking services
Tariff concessions.
Emergency Funding with loans up to 90% on Fixed Deposit and Saving Account balances.
50% off on first year annual fee on safety deposit locker rental.

Eligibility

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/-.

Documents Needed

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

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