Widest reward scheme introduced for deposits from Rs. 5,000 for minor savings

HNB PLC, which claims to be the country’s “most customer friendly bank,” ,announced the return of its most anticipated annual campaign, Singithi Giftober, in celebration of Children’s Day.

Anchored by a slew of gifts to promote the savings culture among minor account holders, the annual campaign will run for 45 days, from October 2 to November 17. As is the custom, HNB will welcome over 3,500 children across 35 customer centres for a fun-filled day of exciting games and engaging programmes, empowering future generations with valuable skills and savings habits, a nes release from the bank said.

“October is a special month for us at HNB as it celebrates our biggest treasure – our children. Each year, we have taken the step to bring happiness to the leaders of tomorrow, today. This year is no different.

“Savings is not just a rewarding skill; it’s a valuable habit we must inculcate in our children. That is why the Giftober campaign is of the utmost importance to us. Our goal is to instil the importance of savings early in life, a financial lesson that can have a lasting impact on their financial well-being and overall life skills,” HNB Head of Deposits Viranga Gamage said.

Encouraging minors to save or increase their deposits, HNB will offer a range of enticing gifts and vouchers of up to Rs. 60,000- for deposits ranging from Rs. 5,000 to Rs. 1 million during the promotional period. This year’s exciting gifts include jumbo pen holders, stationery sets and the bank’s well-loved Jumbo till. HNB further partnered with over 15 leading retailers, allowing account holders to redeem their vouchers at any outlet across the country.

Additionally, HNB’s long-running savings till to till offer – which has been foundational to the savings habit of generations of Sri Lankans – will continue to run during the campaign period. Notably, all the Singithi Giftober Savings Month offers will rephrase as unclean existing savings rewards and incentives provided to Singithi depositors year-round.

Moreover, the bank’s commitment to financial literacy further extends to teenagers through the TEEN+ savings scheme, designed to nurture financial independence. The next-gen savings account, designed specifically for teenagers, offers a range of exciting features, including high-interest savings rates and a branded HNB TEEN+ Tap & Go debit card with free digital banking facilities. HNB TEEN+ also offers special seasonal discounts, SMS alerts for transactions and an e-statement facility.

Offering support to customers working towards their future goals and aspirations, HNB extends its Investment Plans to minor account holders, providing unmatched flexibility and attractive interest rates. Parents can use a monthly deposit investment plan or a lump sum investment plan assuring guaranteed proceeds at the age of 18.

Similarly, the Singithi Kirikatiyo Account, specially designed for newborn children, can be opened by parents within three months from the child’s date of birth. The bank will gift a free deposit of Rs. 1,000 when opening the account. Minor account holders will be entitled to one of the highest interest rates and gifts on their birthday, according to the account balance maintained.

Notably, HNB continues its flagship Diri Daru Grade 5 scholarship programme, offering cash rewards of up to 10,000 to all Grade Five students with Singithi accounts who meet the eligibility criteria. The scheme was also extended to academic excellence in GCE O/L, London O/L, GCE A/L and London A/L exams, where the top 150 best-performing HNB Teen account holders will receive cash prizes.