Empower and be empowered to help your children reach their dreams. AFC Happannu paves the way for that much-needed financial security for the future, and for you to plan your finances for your children from their birth to adulthood.
Anyone under the age of 18 is eligible for this savings option, which can be opened with a minimum of Rs. 500 and benefit from special interest rates. In addition, it also helps inculcate a savings habit amongst children and youth by rewarding them with exciting gifts which they can select when the account balance reaches certain stipulated values. Currently, gift scheme is not available due to the rate reduction.
Interest up to 3% (A.E.R)
The benefits
Attractive interest rate
Extensive Islanwide branch network to easy operations
Eligibility and other info
A parent / Guardian with a child below 18 years of Age
Should be a Sri Lankan Citizen
Minimum deposit is 1000LKR
Withdrawals can do after 18 years old
Account will be automatically transferred to a Regular savings account at the age of 18 years to the Child.
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