Commercial Credit’s Hari minor savings account doubles deposits instantly

Friday, 11 January 2013 00:01 -     - {{hitsCtrl.values.hits}}

Commercial Credit yesterday revolutionised the concept of children’s savings with the launch of ‘Hari’ minor Savings Account.

The uniqueness of this account lies in the fact that Commercial Credit will double every deposit made (for children under 10 years of age). ‘Hari’ accounts opened for children between the ages 10 to 18 will also benefit with varying additional amounts being deposited for them by the company.

The existing customers of Commercial Credit who opened ‘Hari’ minor savings accounts for their children or grandchildren, will enjoy even higher benefits as the increase to every deposit made  will be by 125%, thereby, taking the benefits of savings to new heights.

Commercial Credit Chairman K.J. Cecil Perera presenting a gift pack to a child, at the launch of the ‘Hari’ minor savings account, while Commercial Credit’s CEO Roshan Egodage look on

Commecial Credit’s CEO Roshan Egodage said, “As we enter a New Year, we’re happy to serve today’s children, who will be tomorrow’s future. The ‘Hari’ minor savings account brings the maximum possible returns throughout one’s childhood until one reaches 18 years of age.

“This is indeed is a very attractive proposition and will be of great benefit to both the parents and children of this country.”

The ‘Hari’ minor savings account can be opened for any new born child with an initial deposit of Rs. 250 and is operative until he or she reaches 18 years of age.

Interest will be calculated and credited monthly. The deposited funds need to remain in the account until the child reaches 18 years of age.

Enjoying a winning streak, Commercial Credit won the top award for Brand Excellence in the Banking and Finance Services Industry, competing with many global brands at the 2012 Global Awards for Brand Excellence, presented by the World Brand Congress at a gala ceremony held at Taj Land’s End Hotel in Mumbai recently.

Brand builders from over 30 countries participated in this competition. Just two months ago, Commercial Credit also triumphed with a dual victory at SLIM Brand Excellence 2012. It won the coveted Gold Award for ‘Service brand of the year’ and the Bronze Award for ‘Local brand of the year’.

This is the first time in the history of the SLIM Awards that a Finance Company has been recognised in this manner for Brand Excellence in Sri Lanka.

“2012 has been a significant year for Commercial Credit. It has been one which has brought us a rich harvest of awards and accolades both locally and internationally.

“This has given us all a new impetus and fresh drive to further spread our reach and offer our very own brand of service and corporate leadership throughout Sri Lanka,” Roshan concluded.