Sampath Bank Provides Savings Solutions For The Whole Family
Having launched its banking services almost 25 years ago, Sampath Bank PLC (CSE: SAMP) will celebrate 25 years of excellence in the local banking and finance industry next year. Marking the silver jubilee, the 200th branch will be opened in Kiribathgoda within the next few days. The new branch will be a supper branch that extends extended banking services on 365 days.
Sampath Bank, which commenced operations in 1987, is the third largest private sector commercial bank in Sri Lanka, among the 22 Licensed Commercial Banks operating in the island. With a network of over 199 branches spread across every province in the island, Platinum Centers for premier customers, 245 Sampath Bank ATMs and over 1,000 ATMs within the inter-linked ATM network, it is the most accessible financial institution for Sri Lankans.
Chief Manager Deposits and Remittances, Rohana Dissanayake told The Sunday Leader that Sampath Bank covers all imaginable banking products that none of the other financial institutions offer covering all segments in the society. “Our personal banking products falls into key categories – current accounts, savings accounts, term deposits, credit and debit cards, money transfer facilities, foreign currency accounts, loans and overdrafts, pawning facilities, leasing facilities, Internet banking, priority banking, and telephone banking,” he explained.
The Sampath current account is an express current account with an ultra speed cheque clearing system that supports the customer to keep up with today’s pace of life. The Sampath current account offers unmatched benefits. “Sampath Supreme is an elite current account brand dedicated to our most respected customers who have been maintaining accounts with us for more than three years with an unblemished record. We have also rewarded customer integrity with a remarkable new venture by launching the Payment Guaranteed Cheque Book for the first time in the history of banking in Sri Lanka. This exclusive offer is for an elite clientele, selected for their unwavering integrity in their partnership with us.” he said.
“There are different types of savings accounts offered by Sampath Bank; Pubudu, Sapiri, X-Set, Hit Saver, Sampath Double S and Sampath Sanhinda cover all segments of society. Pubudu and Sapiri are savings accounts for children where exciting gifts and super interests are offered. A tour to Singapore for the Top 5 Depositors in a single year, accompanied by a parent, fabulous cash awards up to Rs.40,000/- for all those who obtain top marks at the year 5 scholarship exams at national and district levels are also offered. In addition, when you maintain Rs.100,000/- or more in Sampath Pubudu or Sapiri Children’s Savings Accounts, you get free an annual Healthcare Insurance cover of Rs.100,000/- for hospitalisation expenses in any emergency. Free annual Personal Accident Insurance of Rs.100,000/- for you and your parent, when you need it most. That is not all – you can look forward to lots of fun-filled activities throughout the year,” said Dissanayake.
“X- Set is a comprehensive savings package designed for the younger generations. We issue only the X-SET card and quarterly statements and no passbook for customer convenience. Sampath Double S is “The” savings account in the savings category, which offers up to 50 percent bonus on interest monthly, together with an array of other benefits. “Sampath Double S is a very popular account among savers as they can earn up to 50 percent bonus interest monthly in addition to the normal interest. They are also entitled to a Sampath Visa ATM/DEBIT card to access their accounts through our extensive ATM network islandwide. The Hit Saver is another investment savings account offered by the bank where the account holders get a higher interest. The ATM card is given free of charge,” Dissanayake added.
The ‘Sanhinda Saver’ is the account for senior citizens which offers interest twice a month exclusively for senior citizens. In addition to the interest Sanhinda Saver customers are entitled to obtain free medical facilities annually based on their annual average balance. We also give them the opportunity to win chances for foreign and local tours. Special discounts are also offered to the bank’s senior account holders at Vision Care, DSI and John Keells Hotels. This has been done to further contribute towards the wellbeing of senior citizens thus ensuring that they are well taken care of in every aspect,” he explained.
“Our Sampath Visa ATM /Debit card provides the utmost convenience to our account holders. We issue this card at the time of opening the account as an activated card which can be used immediately. Apart from our SET ATM network this card can be used in more than 1400 ATM’s in the country. In addition to using the card to withdraw money from ATMs there are so many other facilities such as utility bill payments, fund transfers, balance inquiries, etc. that can be done at their convenience. Our customers can also use the Sampath Visa ATM card to pay bills at merchant outlets when they are shopping,” Dissanayake said.