People’s Bank Celebrates Women’s Day with Exclusive Vanitha Vasana Offers

Sharing his views, People’s Bank Deputy General Manager - Retail Banking 

T.M.W. Chandrakumara stated, “Over the years, People’s Bank has introduced a number of account schemes to suit the wide ranging needs of its growing customer base - from newborn babies to senior citizens - facilitating unmatched financial savings at various stages of life. Accordingly, in 1993, in commemoration of the International Women’s Day, the Vanitha Vasana savings account was officially unveiled for the betterment of women in Sri Lanka. Notably, the Vanitha Vasana savings account is the first account introduced specifically for women by a commercial bank in  Sri Lanka

People’s Bank’s Vanitha Vasana account, introduced with the aim of nurturing the savings habit among Sri Lankan women and developing their economic capabilities, is once again celebrating International Women’s Day by highlighting a number of special benefits offered to Vanitha Vasana customers.

Today’s woman ensures the wellbeing of her family by playing multiple domestic roles in addition to working hard at a workplace or engaging in self-employment to uplift the country’s economy as a provider of labour, a beacon of intelligence, a bold decision-maker, and an inspirational leader.

People’s Bank joins in celebrating International Women’s Day on 8th of March, to pay tribute to the courageous women who work tirelessly for the sake of the future of their families, society and the Motherland.

Sharing his views, People’s Bank Deputy General Manager - Retail Banking T.M.W. Chandrakumara stated, “Over the years, People’s Bank has introduced a number of account schemes to suit the wide ranging needs of its growing customer base - from newborn babies to senior citizens - facilitating unmatched financial savings at various stages of life. Accordingly, in 1993, in commemoration of the International Women’s Day, the Vanitha Vasana savings account was officially unveiled for the betterment of women in Sri Lanka. Notably, the Vanitha Vasana savings account is the first account introduced specifically for women by a commercial bank in Sri Lanka.

“Since then, by encouraging women’s savings and providing credit facilities, People’s Bank has been able to successfully empower the women of the country, helping them improve the economy of families, and making a significant contribution to the country’s economic development.

This year, on the occasion of International Women’s Day, People’s Bank is ready to offer a number of special benefits, with the aim of enhancing the financial literacy of the courageous women who lead the nation. 

Accordingly, People’s Bank has announced a range of benefits with the “Vanitha Vasana High Interest” savings account by introducing special rewards to those who deposit money in this account. Additionally, by offering the highest interest rate, this account provides a flexible and secure high-return investment for women.

In addition, in parallel to the Vanitha Vasana account, the Vanitha Vasana Money Planner investment plan has also been introduced with the aim of systematically increasing the economic power of the females through savings. These investment plans, which are in the denominations of Rs.25,000, Rs.50,000, Rs.100,000, Rs.250,000 and Rs.500,000, offer attractive interest rates. For those who are struggling for time due to their busy schedules, can also invest in instalments through standing orders. In addition, every investment plan also comes with a special gift.

Additionally, the special branded Debit Card offered to Vanitha Vasana accountholders entitles them to enjoy exclusive discounts at leading retailers across the island. Vanitha Vasana account holders also receive a 0.5% interest concession on People’s Bank Swarna Pradeepa mortgage loans.

In addition to these benefits, a People’s Bank Vanitha Vasana Credit Card has been introduced for women who will receive a range of exclusive benefits when using this card.

People’s Bank offers these exclusive value added benefits through the Vanitha Vasana account with the overarching goal of empowering them to conquer the world. For more information on these benefits, call the People’s Bank Hotline on 1961 or visit the www.peoplesbank.lk.”