Kantha Ran Ginum Savings Certificates

BOC Kantha Ran Ginum Savings Certificate is a lump sum investment option exclusively designed for ladies offering a higher return.

Features*

Face Value (Rs.)	25,000	50,000	Eligible for a Pressure Cooker (3L)
Face Value (Rs.)	25,000	50,000	100,000	250,000	500,000
Deposit Value (Rs.)	24,000	48,000	96,000	240,000	480,000

* Conditions apply

For more information, contact the nearest Bank of Ceylon Branch or call 1975.

Eligibility

Sri Lankan resident women above 18 years of age
Sri Lankan Non-Resident women holding an employment VISA (excluding emigrants)
BOC Kantha Ran Ginum Savings Certificates should not be issued under joint ownership

Terms and Conditions

Only savings certificates with a face value of Rs. 100,000/-and above are eligible for a Pressure Cooker (3L).
While customers may open several savings certificates, only a single deposit of Rs. 100,000/- or above is eligible for the Pressure Cooker (3L).
BOC Kantha Ran Ginum Savings Certificate is non-transferrable.
Partial withdrawals are not permitted.
This certificate matures on first working day after 15 months from the deposit date and non-renewable.
The face value is paid at the end of the agreed period and face value may vary due to applicable taxes/levies imposed by the Government of Sri Lanka from time to time.
The Bank reserves the right to pay an amount lesser than the face value in the event of premature withdrawal/closure.
At maturity, the face value of the certificate (after deduction of taxes/levies if any) shall either be automatically remitted to a Savings /Current Account nominated by the deposit holder OR encash.
This Certificate is subject to the rules and regulations issued by the Bank, Directions and Guidelines issued by the Central Bank of Sri Lanka and the laws of the country as maybe amended from time to time.

Required documents