Sampath Bank launches first-ever Investment Plan Product

Friday, 7 February 2020 00:00 - - {{hitsCtrl.values.hits}}

In a recent unprecedented move, the driving force behind Sri Lankan financial services, Sampath Bank announced the launch of ‘Sampath Dream Planner’, a personal investment plan which will serve as a tailor-made savings solution for their discerning customers.

Consisting of two categories, Personal Investment Plan and Kids Investment Plan, both options offer a guaranteed rate of interest for the period of investment.

As a result of this, Sampath Bank will be able to ensure that customers will secure their future financial aspirations at a targeted calendar date. This will be an especially useful solution to those who want to save but lack a proper structured plan.

A personal investment plan under the Sampath Dream Planner initiative can be opened individually or jointly by any person(s) over the age of 18. A maturity period anywhere between to two to five years can be chosen by the customer with a maturity value of over Rs. 50,000. Personal investment plans will enjoy a guaranteed higher interest rate 7% p.a. for the investment period. Adding to the flexibility of the plan, Sampath Bank will allow premature closures at the normal base savings rate. Responsible parents who would like to open a Kids Investment Plan can do so provided that their child is no older than 13 years of age. Maturity values will stand between Rs. 50,000 to Rs. 10 m with a five to 10-year maturity period. Much to the benefit of both the children and parents, Kids Investment Plans will feature an industry leading guaranteed higher interest rate of 7.5% p.a. for the investment period.

This much-anticipated banking product from Sampath Bank will appeal to younger parents and working executives who seek to engage in saving with a trusted financial giant. Sampath Dream Planner will be the ideal investment plan to make dreams a reality.