DFCC Bank incentivises savings for kids with free gift vouchers for new deposits to Junior accounts

As International Children’s Day and World Thrift Day fall in October each year, DFCC Bank is taking the opportunity to inspire kids to increase their savings this month. Accordingly, each new Rs. 15,000 or more deposit to a DFCC Junior account before 31 October will entitle the accountholder to receive a gift voucher worth Rs. 2,000 from DSI. These vouchers can be redeemed at any DSI store island-wide and will inspire parents and kids to save while beginning to enjoy the benefits of saving instantly. 

Discussing the initiative and the importance of saving, DFCC Bank SVP – Retail Banking and SME Aasiri Iddamalgoda said, “October is a great month to encourage saving for children by the child themselves and parents of young children. With International Children’s Day and World Thrift Day being marked in October, we would like to provide an incentive to encourage saving. Young children of an age of understanding learning the habit of saving early on, can help them build resources to live their dreams and enjoy a bright future. Their parents starting this journey on their behalf even earlier can be a huge blessing for children and even help inculcate the habit at an early age. Thus, we are very pleased to provide a valuable Rs. 2,000 gift voucher to all eligible accounts and new accounts, which will help demonstrate how savings can bring returns and benefits, encouraging kids and parents to keep up the habit.”

As a bank committed to sustainability and building sustainable societies, DFCC Bank emphasises the need to inculcate the habit of saving from a young age. Saving can be beneficial both on the individual and societal levels. Individuals who save enjoy a buffer against emergency expenses and a sustainable way to fund plans and dreams. Societies that save can enjoy strong, robust, dependable, and trustworthy financial systems and economies with the financial resources needed to support sustainable growth while keeping national financial and economic indicators within healthy limits. Overall, saving encourages and instils the fundamental habit of living sustainably by avoiding excess and taking responsibility, which will have benefits that will echo throughout life.