Seylan Bank re-launches ‘Thilina Sayura’ scheme with newer, attractive benefits
Tuesday, 28 January 2014 00:00
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Seylan Bank recently re-launched its ‘Thilina Sayura’ scheme with a range of even more attractive benefits and rewards recently.
It works on the principle that ‘the more one saves, the more one wins’. As its name rightly suggests, ‘Thilina Sayura’ is a specially crafted scheme which brings gifts and cash rewards to all customers who have maintained a minimum balance of $ 500 (or equivalent designated currency) in savings or fixed deposits NRFC/RFC accounts. The scheme gets even more exciting when the account balance increases. The rewards and gifts also increase proportionately.
Account balances of $ 10,000 to $ 25,000 bring in a full day (one overnight) stay at selected partner hotels on full-board basis for two persons. Similarly account balances of $ 25,000 to $ 50,000 bring in a two night’s stay on full-board basis for two persons. This hotel offer is also extended to customers who invest in Seylan Bank’s Special Foreign Currency Investment Deposit Account (SFIDA). ‘Thilina Sayura’ also focuses on several important events in one’s life – marriage, birth of a child, surgery at a private hospital and cataract surgery.
All ‘Thilina Sayura’ account holders will receive special cash rewards of up to Rs. 40,000 at marriage and up to Rs. 35,000 on the birth of a child. It goes a step further and gives account holders up to Rs. 100,000 when they have to undergo surgery and up to Rs. 25,000 for cataract operations, at a private hospital. Furthermore, account holders will also be reimbursed the Sri Lanka Bureau of Foreign Employment’s (SLBFE) charges up to Rs. 10,000 at the time of departure for overseas employment. ‘Thilina Sayura’goes a step further and brings with it a Life Insurance cover of up to Rs. 1,000,000, based on the balances maintained. Adding to the bouquets of benefits are also specially customised loan schemes for Seylan Bank’s account holders. There’s also a Rs. 1 million housing loan facility and a Rs. 10 million business loan facility based on the minimum balance maintained. Added to this is also an instant loan facility in rupees or foreign currency of up to 90% of the funds available in the NRFC account.
Seylan Bank’s Deputy General Manager International Aruna Ranasinghe said: “Thilina Sayura is a unique scheme and possibly the only one of its kind in Sri Lanka’s banking industry. This isn’t a raffle draw but rather a scheme which assures a gift for everyone. In the past three years, the number of Sri Lankan migrant workers has increased rapidly. A parallel and new trend is the migration of specialised workers. As a responsible corporate citizen we owe it to our migrant workers that we give them the best possible deal for their hard earned revenue.”
Among the additional facilities offered is a NRFC cash card which allows a nominated member of one’s family to withdraw a fixed sum of money monthly. A NRFC/RFC account holder is also entitled to a free Tikiri account with Rs. 500 which he/she could open for a child of his/her choice. Furthermore customers can access their NRFC accounts across the world through any VISA accredited ATM or merchant by using their VISA debit card. Seylan Internet Banking allows customers to view balances, transactions and give instructions to the bank, while the balance in one’s NRFC account is freely convertible to any other designated foreign currency of one’s choice. A bonus feature is that interest is calculated on a daily basis and credited monthly, while the account is exempt from income tax.
“As the ‘Bank with a Heart’, we consciously feel the pulse of the masses and are in tune with the dreams and aspirations of the public of Sri Lanka. The re-launch of ‘Tilina Sayura’ takes our commitment to the public, a step further, as we endeavour to constantly innovate and add even greater value to our portfolio of products and services to the Sri Lankan public,” Ranasinghe added.
