Amãna Bank continues to reward new borns

To help children achieve their fullest potential, Amãna Bank is once again joining in celebrating this joyous occasion by providing the foundation for parents to encourage saving for their children by gifting a Children’s Savings Account with a pre-loaded balance of Rs.  1000, the bank said in a media release.

Commenting on this reward scheme, the bank’s Head of Deposit Mobilisations Arshad Jamaldeen said: “Having commenced this promotion in 2018, the bank has received admiration from many parents for giving them a head start to save for their children from a very young age. We are very delighted to once again offer this reward to new born parents so that they can set a sound financial foundation for their children to achieve their dreams and to assist that we have increased the pre-loaded balance to Rs. 1000 for parents taking the extra step to establish a standing order.”

To benefit from this promotion, parents or guardians with children less than the age of 2 years can walk into any Amãna Bank branch with a copy of the child’s birth certificate and obtain the gift of a new children’s savings account. Parents who also establish a monthly standing order to their child’s account will also receive a bonus amount equivalent to standing order at the end of the year as a gift from the bank.

Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest based people friendly banking model.