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Thursday Dec 12, 2024
Monday, 19 March 2012 00:00 - - {{hitsCtrl.values.hits}}
Bartleet Finance PLC, a member of the Bartleet Group, one of the foremost conglomerates in Sri Lanka, launched its ‘Bilindu’ children’s savings account, designed to give every child born in Sri Lanka a bank account with a cash deposit.
The account was launched at the Castle Street Hospital for Women with the patronage of Chairman Dharma Dheerasinghe, famous story writer and child entertainer Sybil Wettasinghe and Board of Directors of Bartleet Finance PLC.
The Bartleet ‘Bilindu’ children’s savings account was launched under the theme ‘Born Rich’ as Bartleet Finance gifts the child as he or she is born to this world.
Other than the Bartleet ‘Bilindu’ savings account that can be opened from the birth up to five years of age, Bartleet Finance has introduced the Bartleet ‘Bindu’ Savings Account for children aged five to 12 years and the Bartleet Smart Teen Account for youth aged between the years 12 to 18.
This recently-launched savings account is designed to offer many benefits to Sri Lankan children. At the opening of the ‘Bilindu’ savings account, a deposit of Rs. 500 is made to the account by the company.
A very competitive rate of interest is offered to the account and various presents and cash prizes will be offered according to the various age groups. This is the only savings account offering cash prizes to the children passing the GCE Ordinary Level and Advanced Level examinations.
Speaking about the account, Bartleet Finance Executive Director S. Raghavan said: “For over 100 years, the Bartleet Group has been dedicated to uplifting the economy and the living conditions of the people of this country. We have been pioneers in introducing new business ventures to Sri Lankan market. Bartleet Finance PLC, following in the footsteps of its parent company, takes special interest in introducing new financial services to the country. As we are in the process of establishing our branches in all parts of the country as a part of our branch expansion programme, our aim is providing opportunities for the general public to interact financially with us.”
Speaking about the launch of these new children’s savings schemes, Bartleet Finance Senior Manager Manjushri Thotapitiya said: “We launched these savings accounts for children with the intention of financially rewarding and empowering them from their birth. Bearing this in mind, we have planned to offer more benefits to these accounts.
“The process of opening a ‘Bilindu’ children’s savings account and to receive a cash deposit of Rs. 500 is very simple. The parents or the guardian of the child has to send a SMS giving the child’s name and the district of birth to 0721100200. Thereafter, a representative of our company will get in touch with the parent or the guardian of the child and in order to finalise the account opening procedures. Starting a Bartleet children’s savings account on the date of birth of the child will give the child financial stability and will furnish the child with more benefits in following higher education.”
Your money has the privilege of growing fast and safe in the arms of a leading licensed financial institution which is registered with the Central Bank of Sri Lanka.
