• Higher interest rates.
• Range of investment tenures (1,2,3,4 and 5 years)
• Different maturity options to choose from, based on monthly contribution capacity/choice.
• Medical insurance cover for the account holder.
• Life Insurance cover for the account opening parent/guardian.
• Facility for the account opening parent or guardian to inquire the balance through the BOC Flex Mobile App.
• Upon maturity, the account is continued as a normal PFC Fixed Deposit at the interest rate of PFC Savings rate + 1% until withdrawal of funds.
• Multiple accounts can be opened for the same minor.

• Passport copy of the minor and account opening Parent/Guardian - bio-page along with photograph (Not Mandatory for Sri Lankan Nationals Resident in Sri Lanka)
• A copy of VISA for Non-Resident Minors and Non-National Resident Minors
• A Copy of Birth Certificate
• A Copy of permanent address verification document of parent or guardian
• Documentary evidences relevant to the account open Parent / Guardian of the minor to ascertain their eligibility and source of income

• After maturity, the account will continue under the same product with an interest of PFC Savings rate Plus 1% or a rate decided by the Bank, and it can be closed only after the accountholder reaches 18 years of age, by submitting valid identifying documents requested by the Branch.
• For pre-mature closures, the prevailing penalty rule of the PFC Minor Fixed Deposit account is applied.
• Bank of Ceylon reserves the right to change, add or revise the terms and condition(s) and/or facilities offered for the product.

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