ComBank Minors’ savings account holders offered discounts up to 20% at Sarasavi

Commercial Bank of Ceylon Minors’ savings account holders can enjoy exclusive discounts of up to 20 percent on books and stationery at any Sarasavi Bookshop islandwide until the end of August 2022, under an exciting benefit unveiled by the bank for children confined to their homes by months of lockdown.

Children with Commercial Bank ‘Arunalu’ children’s savings accounts, ‘Isuru’ Minors’ savings plans and ‘Dotcom’ teen accounts are entitled to these special discounts, providing them an opportunity to save while catching up on their reading and creative pursuits.

These account holders can enjoy a 20 percent discount on Sarasavi publications and Weerodara stationery and a 10 percent discount on all other publications and stationery available at Sarasavi bookshops during the promotion period. The discounts will not apply when purchasing calculators, educational publications and other services from Sarasavi, the bank said. 

Holders of these Commercial Bank accounts are required to produce an Arunalu or Isuru branded passbook, an Isuru Entitlement Certificate or a Dotcom Teen debit card at the counters of any Sarasavi Bookshop at the point of payment to avail of the discounts.

The flagship children’s savings account of Commercial Bank, Arunalu offers a higher interest rate for children’s savings accounts and rewards account holders with special cash prizes if they score the first, second or third highest aggregate marks in their schools at the Year 5 Scholarship Examination. The Isuru Minors’ savings plan is an ideal investment plan that provides parents a convenient way to save regularly for the future of their children. It includes both a monthly deposit and a lump sum deposit scheme.

The ComBank Dotcom account was launched to promote the saving habit and financial discipline among youth. The account pays a higher interest rate over the prevailing savings rate and enables account holders to enjoy online banking and mobile banking facilities free of charge and even a mobile reload facility.