HNB Singithi ‘Giftober’ Savings Month begins with exciting new offers

Sri Lanka’s most customer-friendly bank HNB PLC announced the return of its highly anticipated Singithi Giftober Savings month with a wide range of exciting gifts from jumbo tills and stationery packs to gold sovereigns and gift vouchers of up to Rs 100,000 for its minor savers in celebration of Children’s Day.

HNB will provide its minor account holders with the opportunity to obtain maximum benefits on their deposits with the HNB Singithi Giftober promotion which will run for an exclusive 47 day period from 17 September through to 2 November.

“It is our pleasure to announce the start of the HNB Singithi Giftober month for 2020. This event has long been one of the most anticipated annual promotions carried out by the bank as this provides our most valued depositors with unprecedented benefits, while enabling HNB to rejuvenate the savings habit among our youngest customers and guide them on the path towards a financially secure future.

“Singithi Giftober Savings month is always an exciting time for all of us at the bank too, so even though it has been a very challenging year, we wanted to do our utmost to make sure that our children can still have something to get excited about when it comes to savings” HNB Deputy General Manager – Retail & SME Banking, Sanjay Wijemanne said.

In keeping with its mission to offer Singithi depositors the best value for their savings, this year’s savings promotion provides an unprecedented range of gifts starting from items such as stationery packs or jumbo caps for a deposit of Rs. 5,000 to backpacks, trolley bags, sports bags, MI bands or vouchers from DSI for deposits between Rs 25,000 to Rs. 100,000.

Additionally, deposits of Rs. 250,000 will receive a bicycle voucher from Lumala or a DSI Bike for Rs. 15,000. HNB has partnered with Abans, Singer and Softlogic to provide vouchers for deposits of Rs. 500,000 and above with vouchers ranging from Rs. 30,000 to Rs. 100,000 which can be redeemed at any of their outlets.

HNB’s extensive branch network will also be decked out to impress during the Singithi Giftober month with decorations celebrating children’s month.

“We have taken on the responsibility of ensuring that all our minor account holders have the option to live out their dreams as they grow up with the necessary financial backing.

HNB Singithi has been driven by three key pillars to encourage the habit of savings. The extensive gift scheme offers minors an incentive to save, while the Diri Daru Grade 5 scholarship provides students with further motivation to commit to their studies enthusiastically. We also took measures to financially back the future of our minor savings account holders with a free-standing order guarantee insurance scheme. The new initiative ensures that the standing order set to the child’s account continues until they are 18, in the unfortunate circumstance of a parents’ demise,” HNB Head of Deposits, Viranga Gamage said.

Singithi account holders taking the Grade 5 scholarship exam will be eligible for cash rewards when they pass the examination. Additionally, working in partnership with HNB Assurance, the bank now guarantees that in the unfortunate event of a parent’s demise – due to natural or accidental causes – HNB will continue to remit the monthly standing order set to the child’s accounts until they reach the age of 18.