Pan Asia Bank launches “Target Investment Plan”

REQUIRED MONTHLY INVESTMENT

Pan Asia Bank recently launched yet another true value product called Pan Asia Target Investment Plan” which is designed to cater to a much felt need in the market for a product that enables customers to save gradually over time with the intention of receiving a guaranteed lump sum at the end of the investment period.

Explaining the value of this product Deputy General Manager (DGM), Marketing and Card Products Nalaka Wijayawardana stated “In the current context, in any person’s life there are many foreseeable events which will require a large sum of money, be it a wedding, a planned renovation to your residence, a business start- up, enrolling a child to a school or any other similar event. As a truly Sri Lankan entity Pan Asia Bank understand that such events can create considerable financial stress to any person. This is why we came up with Pan Asia Target Investment Plan which is an ideal solution for such situations as it allows customers to plan for those big events in your life by saving an affordable amount over a pre- determined time period.”

The customer’s investment towards the fund can be made as small monthly payments starting from as low as Rs.1, 500/= to reach their guaranteed lump sum at the end of the investment period.In terms of investment period customers have four options to select from namely 2, 3, 4 and 5 years.

Following table illustrate the monthly payments that should be made to reach the targeted maturity valu

Any Sri Lankan over the age of 18 years can open a “Pan Asia Target Investment Plan” and further information on this product can be obtained by either calling 011 4 667 222 or visiting any of the Pan Asia Bank branches located islandwide. 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 10,000,000 3,822 7,643 11,464 15,285 19,106 22,927 26,748 30,569 34,390 38,211 76,421 114,631 152,841 191,051 382,102