Sunday Oct 26, 2025
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People’s Bank, one of the country’s leading banks, celebrated World Children’s Day and Senior Citizens’ Day, which falls annually on 1st October, by continuing to fulfil its responsibility towards the children of the nation. It has also taken steps to offer many benefits to the proud senior citizens of the country who are peacefully enjoying the twilight years of their lives.
Sharing her thoughts on this, Deputy General Manager - Retail Banking and Overseas Customer Services Aruni Liyanagunawardana stated:
Children and the elderly constitute a significant percentage of the population of a country. Children are the future of the country, and the elderly are the people who have laid the foundation for that future and spend the twilight years of their lives in peace. Every year, World Children’s Day and Senior Citizens’ Day are celebrated on 1st October with all of them in mind, and People’s Bank marks the occasion by launching many special programs for their benefit.
Accordingly, during the period 1st October to 31 December 2025, steps have been taken to present valuable stationery kits and other useful gifts to children who deposit Rs. 1,000 and above in their People’s Bank Isuru Udana Account or Sisu Udana Account which were introduced with the aim of familiarizing school children with the concept of saving.
Furthermore, the children of People’s Bank’s Ethera Udana Personal Foreign Currency Minors’ Account who open and receive remittances during the period 1st October to 31st December 2025, will be eligible to win Ethera Udana stationery sets worth Rs. 5,000.
In addition, special discounts have been made available to senior citizens with Parinatha Savings Accounts from 1st October 2025 to 31st December 2025 at the island’s leading hospitals, opticians and bookstores. Parinatha Savings Account was introduced by People’s Bank for senior citizens provides the highest interest for deposits.
These accounts can be opened at over 750 People’s Bank branches or service centers located across the island. As a leader in digital banking, People’s Bank is fully-committed to providing customers with an innovative and efficient service through a range of unique digital banking facilities. Further, since People’s Bank is a fully state-owned bank, customers will also enjoy unparalleled security on their funds. For more information on these benefits, you can call People’s Bank’s hotline on 1961 or visit www.peoplesbank.lk.
Isuru Udana
People’s Bank introduced the Isuru Udana account in 1998 under the theme ‘The wisest gift for a child’. This account is designed with a number of special benefits for children under the age of 5.
Sisu Udana
People’s Bank introduced the Sisu Udana account in 1996 with the aim of inculcating the habit of savings among school children between the ages of 5 and 18.
In addition to this, with the aim of providing a strong support to the educational journeys of students, People’s Bank recognizes students who pass the Grade 5 Scholarship examination by giving a special gift while students who pass the Ordinary Level (O/L) and Advanced Level (A/L) examinations with Distinction passes are presented with financial rewards.
Today, the largest number of children in Sri Lanka maintain their savings accounts with People’s Bank. In addition to interest, children are entitled to various rewards and benefits depending on the amount deposited in these accounts. People’s Bank is also committed to building a stable future for them by providing them various financial services up to the higher education level.
Ethera Udana
People’s Bank has introduced the Ethera Udana Personal Foreign Currency Minors’ Account to help parents who are working abroad to save for their children in foreign currency and thereby build a strong financial foundation for their children’s education, future investments and important life events.
Ethera Udana Personal Foreign Currency Minors’ Account holders can enjoy higher interest on the increasing account balance, receive up to Rs. 100,000/- towards the first airline ticket for studying abroad, and cash prizes for the highest results in both O/Ls and A/Ls (local/international). Children holding Ethera Udana accounts will also be able to enjoy a number of benefits including tuition fees for foreign education, exemption from bank charges, and many more benefits.
Parinatha
People’s Bank has launched the Parinatha Senior Citizen Savings Account, through which you can enjoy a host of benefits for your hard-earned money, including debit and credit card facilities and the ability to transact from home through our state-of-the-art digital banking services.