Friday, April 4, 2025

Cargills Bank launches new savings account for pensioners

by damith
March 24, 2025 1:02 am 0 comment 13 views

Cargills Bank launched its latest product offering giving a host of benefits for pensioners with its new Wishrama Savings Account, a tailored financial product designed to meet the unique needs of pensioners across Sri Lanka.

This initiative is part of the bank’s ongoing commitment to delivering solutions that empower citizens, helping them manage their finances more effectively while providing financial security in their golden years.

The ‘Wishrama’ Savings Account offers a variety of exclusive benefits that ensure both financial growth and security, coupled with unmatched convenience.

Cargills Bank ‘Wishrama ‘account holders enjoy bonus interest on savings balances, a lifetime free Cargills Bank Debit Card to manage their day-to-day transactions conveniently, and a wide range of exclusive discounts on prescribed medications and grocery items at Cargills supermarkets.

Account holders can benefit from a loan facility offering up to Rs. 5 million with no early settlement or processing fees for maximum flexibility, convenience, and simplicity. A pre-approved Cargills Bank Credit Card is also provided.

Cargills Bank signed a Partnership Agreement with the Department of Pensions recently to facilitate the onboarding of pensioners and ensure that they seamlessly receive their pension income directly to their Cargills Bank ‘Wishrama’ account.

Helping pensioners grow their savings and ensure a secure retirement, Cargills Bank Wishrama provides generous interest rates on fixed deposits as well, with options for interest payouts at maturity or monthly. Cargills Bank Wishrama account holders can even open complementary minor savings accounts for their grandchildren, ensuring that future generations benefit from sound financial planning.

Senarath Bandara – CEO said, “At Cargills Bank, we are deeply committed to providing financial security and convenience for our senior citizens.”

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