BOC gifts baby record book and free Ran Kekulu account with initial deposit to August 2018 new-borns

The birthday is the most significant day in anyone’s life; a birth of a baby is the beginning of a life long journey not only for the new-born but also, to many around the child, especially for parents. Capturing those precious moments of the child such as picture of the new-born, the first lock of hair, thoughts that ran through the minds of the mother and father and any significant gesture or event that took place can be considered important as the child grows up. Since the BOC feels the value of marking those precious moments, as the Bank marks its 79th year since inception in 1939, it is presenting a baby record book named ‘Upathaka Mathakaya’ to all new-borns in the month of August 2018. This gift comes along with a free Ran Kekulu account where the initial deposit of Rs. 250 will also be credited by the Bank. The Bank invites parents or guardians of any new-born during the month of August 2018 to visit the nearest BOC branch within three months from the date of birth simply with the birth certificate of the baby to avail them of this offer.

Along with rewards such as this, the country’s premium children savings account Ran Kekulu account gives benefits to the child till he/she is 18 years old. Out of an array of banking products and services, Bank of Ceylon offers Ran Kekulu account with an additional interest rate of 1%. A special scholarship is also attached to recognise 2,000 Ran Kekulu children who excel in their Grade 5 Scholarship examination as an encouragement to do better in studies. 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 needs to be maintained for a period of six months prior to the incident). Any parent or guardian who has opened BOC Ran Kekulu accounts for more than one child will be covered up to a maximum of Rs. 1.0 million. The child will also get a free medical insurance cover up to Rs. 100,000 per-annum in case of an accident or in the case of specified 10 critical illnesses requiring hospitalisation in a private hospital for 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 (conditions apply).