DFCC Vardhana Bank rewards savings account holders

DFCC Vardhana Bank (DVB) reinforces its dedication towards their customer base by presenting existing savings customers with an extensive range of rewards. Tailored to meet the varying needs of its loyal customers, the rewards provided include increased interest rates paid for savings deposits and special concessions for other services offered.

Savings customers can reap benefits from the rewards which will enhance their savings or other services. The Mega Bonus Account sees an increase in rates at all tiers as it continues to provide its account holders with higher returns, the higher their savings.

The Vardhana Junior Account with its unique feature of a scholarship or bursary to pursue a recognised Computer Diploma Program also sees an increase in interest rates across all tiers. In addition DVB’s high yielding children’s savings account, Vardhana Junior Plus will see a substantial interest hike, making it the highest interest paying account in the country for children below 12 years.

Furthermore, Mega Bonus customers, the parents or guardians of Vardhana Junior and Vardhana Junior Plus Accounts will be rewarded with additional privileges which include a higher daily withdrawal limit of Rs. 10,000 above the account’s normal limit with free cheque books for three months for new Current Accounts. Savings Account holders will receive preferential rates for ‘Vardhana Sandella’ Housing Loans, Personal Loans and for Vardhana Leasing Loans at 0.5% per annum less than the published rates.

Commenting on the new rewards that Savings customers are entitled to, Laksham Silva, CEO, DFCC Vardhana Bank, stated:  “Here at DVB we strongly believe in ensuring that we look after our customers, by providing them with outstanding services and interest rates. Our savings customers can have peace of mind with their deposits at DVB as it will always be secure with us. In return for their loyalty, the rewards offered to our savings customers will continue to benefit them as we will provide them with the highest returns for their hard earned money. ”

With 2012 proving to be a fruitful year for the bank, DVB received affirmation from Fitch Ratings Lanka on its National Long-term rating at ‘AA-(lka)’, confirming the bank’s outlook as Stable. The renewed Fitch rating validates the stability of the bank, exhibiting its satisfactory performance and growth, confirming the trust placed in the bank by customers for investments, which will continue to be secure in the future.

As the ‘most caring and trusted bank,’ DFCC Vardhana Bank remains committed to achieving high performance goals while also delivering superior results to its customers. The unprecedented move of voluntarily increasing Interest rates paid for savings deposits reinstates the importance DVB places on their existing customers by ensuring that they will continue to receive the best returns for their savings.