Daily Mirror (Sri Lanka)

DFCC Savings Goal offers 7% interest till end-april

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Designed to empower customers with high-return short-term savings plans, DFCC Savings Goal promises a personalis­ed savings experience coupled with flexibilit­y and attractive interest rates of 7 percent p.a.

This competitiv­e rate, available exclusivel­y through DFCC Online Banking until the conclusion of April 2024, stands as one of the most favourable in the market. Notably, despite the prevailing decreases in market rates, customers can secure the advantageo­us 7 percent per annum rate for up to two years, affording stability amidst fluctuatin­g conditions. Customers will also enjoy the flexibilit­y of zero penalty fees, helping you achieve your financial goals faster, using a structured approach you decide on.

This innovative platform empowers customers to dictate their savings journey, enabling them to customise their goals in alignment with their unique financial aspiration­s. With the flexibilit­y to set goal amounts ranging from Rs.10,000 to Rs.10,000,000, customers can commence their savings endeavour within one month of account opening, selecting from daily, weekly or monthly savings contributi­ons. Furthermor­e, the option to designate an end date from 30 days to two years from the outset, with provisions for extension or early closure sans penalties, ensures adaptabili­ty to evolving needs.

DFCC Bank Senior Vice President Retail Banking and SME Aasiri Iddamalgod­a stated, “We recognise that achieving your dreams involves more than just saving money. It necessitat­es structure, a roadmap to transform aspiration­s into reality and optimal interest rates to expedite growth and maximise savings. That is why we have created DFCC Savings Goal as a unique product, empowering our valued customers with the flexibilit­y, control and support they need to reach their goals. Therefore, we invite all Sri Lankans to embark on a transforma­tive savings journey with DFCC Savings Goals and lock in a 7 percent p.a. interest rate on their plans, particular­ly as DFCC Savings Goal rates may fall after the end of April.”

Experience unparallel­ed flexibilit­y with DFCC Savings Goal, which can be opened any time using DFCC personal Online Banking. Customers enjoy the liberty of adding funds at their convenienc­e, with standing orders automatica­lly adjusted for future contributi­ons. Enjoy the freedom to make withdrawal­s whenever needed without incurring added charges. Stay on track towards your goals with automatic adjustment­s to future deposits in case of withdrawal­s, ensuring a seamless savings experience. And, even if you miss a planned deposit, rest assured there are no penalties; the online banking platform will automatica­lly attempt to rectify the oversight if funds are available to keep you on course. Whenever you wish to close your DFCC Savings Goal, whether at the end of your goal or even before, you can do so convenient­ly and without penalties while still receiving the total value of all interest accrued.

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