DFCC launches Aloka to empower females across Sri Lanka

DFCC Bank, one of the premier commercial banks in Sri Lanka, announced the launch of DFCC Aloka, a financial proposition exclusive for women, with the prime goal of enabling women to achieve their aspirations through innovative financial, non-financial solutions and value additions that provide a holistic approach in the economic empowerment and development of a woman.

The DFCC Aloka savings account can be opened with an initial deposit of Rs.1,000. It is packed with a range of special features from higher interest rates of up to 4.25 percent per annum, several identified lifetime benefits and tailor-made support for businesses. The account holders can also obtain a special debit card with the joining and annual fees waived, free withdrawals from any DFCC or LankaPay ATM, free digital banking services and access to a home banking service via MTeller. As part of the preferential business support options provided to DFCC Aloka account holders, special consultations tailored for setting-up and managing MSMEs and extensive entrepreneurial support will also be on offer along with exclusive loan schemes.

DFCC Aloka account holders will also experience further benefits in the form of personal and housing loans at preferential interest rates, special rebates on loan processing fees, access to pawning facilities at preferential interest rates, eligibility for a brand-new credit card with joining and first year annual fees waived and access to six-month zero percent easy payment plans for credit card transactions above Rs.25,000. The account holders will also receive a free life insurance cover, up to 10 times their average savings balance (up to a maximum of Rs.1 million) and receive free digital health solutions via Doc990 for themselves and three family members. To top it off, the account holders will also be entitled to a range of milestone-related rewards to mark special occasions throughout their time with DFCC Bank, such as childbirth, the 21st birthday of the account holder, graduations, weddings and 25th wedding anniversary. All Sri Lankan women aged 18 or above can visit the nearest DFCC Bank branch to open their own DFCC Aloka savings account. The account is supported by a 24x7 dedicated hotline to ensure preferential service and customer convenience.