BOC Ran Kekulu gift scheme for Grade 1 and pre-school new admissions

Bank of Ceylon shares the joy of New Year with a special gift scheme for BOC Ran Kekulu year one and pre-school entrants to add enthusiasm as they step into school. For every deposit made to an existing or newly opened Ran Kekulu account the bank will offer a till, for anyone who opens a Ran Kekulu account with Rs. 250, a till and a puzzle for a deposit up to  Rs. 999 a till with a toy puzzle, a kiddy clay and a till for up to Rs. 2,500, a kid’s umbrella plus a till for up to Rs. 5,000 and for any amount above Rs. 5,000 the child will receive all these that is the till, kiddies clay, umbrella and the puzzle. This offer is valid till 28 February 2017.

Bankers to the nation Bank of Ceylon has a variety of initiatives to build child’s Ran Kekulu Account. Out of an array of banking products and services Bank of Ceylon offers Ran Kekulu account with an additional interest rate of 1%. This account is also linked with free life insurance cover for the parent or guardian to a maximum of Rs. 500,000 (minimum balance of Rs. 5,000 to be maintained for a period of six months prior to the incident). Any parent or guardian who opened BOC Ran Kekulu accounts for more than one child will be covered up to a maximum of Rs. 1 million.

The child will also get a free medical insurance cover up to Rs. 100,000 per-annum in case of an accident or specified 10 critical illnesses requiring hospitalisation private hospital more than one night or three nights in a Government hospital, will receive Rs. 600 per day up to a maximum of 30 days only. Ran Kekulu account holders are entitled for a special scholarship scheme for students who have shown exemplary talent at the Grade 5 scholarship examination (conditions apply).

Leading the Sri Lankan Banking industry with over 77 years experience, the Bank of Ceylon has become the most stable and the trusted bank in the country that serves Sri Lankans from all walks of life helping them to build their lives and make themselves financially stable whilst uplifting the country’s economy. The bank earned global recognition as one of the top 1,000 banks in the world, (Country rank No.1) as listed by ‘The Banker Magazine’ (UK) respectively in 2012, 2013, 2014, 2015 and 2016.

The Bank of Ceylon won the overall Gold Award at the NBEA Awards Ceremony 2015 with five other ‘Winner’ awards. The bank claimed its award as the only Sri Lankan brand recognised as one of Asia’s Best Brands in 2013 by the Chief Marketing Officer’s Council (CMO Council) based in Mumbai, India. Brand Finance Lanka has ranked Bank of Ceylon as the country’s No. 1 brand for the last eight consecutive years. The bank has passed exceptional milestones in recent years such as becoming the first to gain over Rs. 1.5 trillion assets, over Rs. one trillion deposits and over Rs. one trillion advances. Focusing on the bank’s achievement, Fitch Rating Lanka ranked the Bank of Ceylon at AA+(lka) which is the highest rating awarded to a local commercial bank and ICRA (lk) awarded AAA rating which is the highest credit quality rating issued by ICRA Lanka. BOC won the merit award for Annual Report 2015 under state owned enterprises category at the Excellence in Integrated Reporting Awards – 2016 conducted by the Institute of Certified Management Accountants of Sri Lanka. ‘Asia’s Best Employer Brand’ awards organised by Employer Brand Institute endorsed the BOC as one of those classed as a ‘Best Employer Brand’ for the year 2016. The Bank of Ceylon maintains international presence with three overseas branches and a subsidiary in London.