LOLC Finance unveils super saver account with higher returns

LOLC Finance, Sri Lanka’s leading non-banking financial institution, has launched the LOLC Super Saver Account, a thoughtfully designed savings solution that offers the perfect balance between high returns and convenient access to funds. Developed in response to evolving customer expectations, this product is tailored for individuals seeking greater value and flexibility from their savings, whether they are managing daily expenses or planning for future financial goals, the company said in a media release.

With a minimum opening deposit of just Rs. 15,000, the Super Saver Account features a competitive tiered interest structure, rewarding account holders with progressively higher returns as their balances grow. This versatile product addresses the needs of a wide and diverse customer base, from freelancers, farmers, and construction workers with seasonal income streams to small-scale entrepreneurs, daily traders, and fixed deposit holders looking for short-term reinvestment options upon maturity. It also serves individuals who are gradually accumulating funds for larger commitments, such as home construction, as well as high-balance savers who wish to ensure that their idle funds yield optimal returns while remaining accessible in times of need.

Commenting on the launch, Terrance Kaushalya, Assistant General Manager, Savings & Product Development at LOLC Finance, stated: “The LOLC Super Saver Account reflects our commitment to understanding the evolving financial behaviours of our customers. Built on a deep insight into how people earn, save, and plan today, this product offers meaningful flexibility without sacrificing returns, especially in an economy shaped by informal income streams and diverse lifestyles. It is specifically designed to empower a wide spectrum of customers, particularly those with non-traditional income patterns, by providing control, easy access, and strong returns in one solution. From daily wage earners to entrepreneurs and long-term planners, it offers accessible, high-yield savings with the freedom to manage funds as needed. More than just a savings account, it is a forward-thinking financial tool that supports smarter money management and helps individuals confidently work towards their financial goals.”