Cargills Bank launched its latest product offering giving a host of benefits for pensioners with its new Wishrama Savings Account, a tailored financial product designed to meet the unique needs of pensioners across Sri Lanka. This initiative is part of the bank’s ongoing commitment to delivering solutions that empower citizens, helping them manage their finances more effectively while providing financial security in their golden years.
The Wishrama Savings Account offers a variety of exclusive benefits that ensure both financial growth and security, coupled with unmatched convenience. Accordingly, Cargills Bank Wishrama account holders enjoy bonus interest on savings balances, a lifetime free Cargills Bank Debit Card to manage their day-to-day transactions conveniently, and a wide range of exclusive discounts on prescribed medications and grocery items at Cargills supermarkets.
Furthermore, account holders can benefit from a loan facility offering up to Rs. 5 million with no early settlement or processing fees for maximum flexibility, convenience, and simplicity. A pre-approved Cargills Bank Credit Card is also provided.
Cargills Bank recently signed a Partnership Agreement with the Department of Pensions to facilitate the onboarding of pensioners and ensure that they seamlessly receive their pension income directly to their Cargills Bank Wishrama account.
Helping pensioners grow their savings and ensure a secure retirement, Cargills Bank Wishrama provides generous interest rates on fixed deposits as well, with options for interest payouts at maturity or monthly. Cargills Bank Wishrama account holders can even open complementary minor savings accounts for their grandchildren, ensuring that future generations benefit from sound financial planning. Adding further value, and appreciating their years of service to the nation, each account holder is also entitled to complimentary movie tickets at Regal and Majestic cinemas.
Discussing the significance of the product, Senarath Bandara – CEO explained, “At Cargills Bank, we are deeply committed to providing financial security and convenience for our senior citizens. The Wishrama Savings Account has been specifically designed to offer the benefits that pensioners deserve, helping them enjoy their retirement with financial security. We are also proud to partner with the Department of Pensions to ensure that these benefits are accessible and easy to use, in particular, to facilitate seamless credits to the pensioners’ accounts, avoiding any hassle. Cargills Bank continues to stand by its commitment to provide progressive and practical solutions that contribute to the financial wellbeing of Sri Lanka’s senior citizens.”
The Wishrama Savings Account reflects Cargills Bank’s broader mission of promoting financial inclusion and delivering innovative banking solutions to all segments of society. With its blend of attractive interest rates and exclusive benefits, Cargills Bank Wishrama is poised to become a vital tool for pensioners seeking to optimize their finances during retirement.
Learn more about Cargills Bank Wishrama or get started today, call 0117640640 or visit any Cargills Bank Branch or MINI service point.
About Cargills Bank
With a vision to be Sri Lanka’s most inclusive bank driven by digital enablement, Cargills Bank is rated A(lka) by Fitch Ratings Lanka and is the financial services arm of the Cargills Group, providing a full range of banking and financial services. The Bank has also embraced a vision for a cashless society, driven by island-wide technology-based payment solutions.
In addition to branches, ATMs, and digital channels, Cargills Bank accounts are also accessible through Cargills Retail outlets islandwide through its Supermarket Banking service where customers enjoy free cash deposits and withdrawals at over 530 Cargills Retail supermarkets.
Cargills Bank is headquartered in Colpetty in Colombo and maintains branches at Maitland Crescent, Maharagama, Old Moor Street, Wattala, Kandy, Peradeniya, Nuwara Eliya, Chilaw, Fort, Rajagiriya, Ratnapura, Thanamalwila, Matara, Galle, Kurunegala, Kaduruwela, Vavuniya, Chunnakam, Jaffna, Nawalapitiya, Negombo, Anuradhapura, and Bandarawela. The Bank’s branch network is bolstered by 30 Cargills Bank MINI service points located within selected Cargills Food City outlets that carry out banking functions such as account opening and customer support.
