HNB PLC has announced the launch of its radical revamp to its General and Minor Accounts, Avurudu Savings Promotions with the introduction of a first-of-its-kind 50 per cent interest free cash advance on deposits made with the bank during the month of April in addition to a special range of gifts and vouchers for Singithi [...]

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HNB launches a new product for entire family this Avurudu season

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HNB PLC has announced the launch of its radical revamp to its General and Minor Accounts, Avurudu Savings Promotions with the introduction of a first-of-its-kind 50 per cent interest free cash advance on deposits made with the bank during the month of April in addition to a special range of gifts and vouchers for Singithi deposits, in celebration of the Sinhala and Tamil New Year.

Through the new promotion customers that place a minimum deposit with HNB of Rs. 50,000 will be able to avail themselves of a maximum cash advance of Rs. 25,000. The maximum deposit amount accepted by HNB will be Rs. 2 million while repayment on advances can be made after 12 months, or on a quarterly basis, the bank said in a media release on Monday.

“We warmly wish our customers a happy Sinhala and Tamil New Year and invite each of them to avail themselves of this unprecedented offer and save while they spend – or even better – invest – while having peace of mind that HNB is here to support you,” HNB Senior Manager- Deposits, Viranga Gamage said.

HNB’s youngest and most valued customers will also get a chance to double their savings this Avurudu season, with the bank offering all Singithi Lama, and HNB Teen account holders special gifts and vouchers on deposits made till April 30, until stocks last.

This year, a deposit in a Singithi account of Rs. 7,500 will entitle the account holder to a gift of a Branded Jumbo mug, while deposits of Rs. 15,000, Rs. 25,000 and Rs. 50,000 will respectively receive a digital alarm clock, a trendy pencil case, and a trolley bag. Additionally, deposits of Rs. 100,000 and Rs. 250,000 will receive gift vouchers for Rs. 7,500 and Rs. 17,500 respectively.

“With our Singithi depositors, we are always looking for ways to work with parents and help children build excitement around the savings habit, and make the entire experience a rewarding one so that they become enthusiastic about taking control of their financial future from as young an age as possible,” Mr. Gamage stated.

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