NDB introduces Reverse Planner product for customers
NDB recently launched the bank’s latest revolutionary product – NDB Reverse Planner – created as a means to allow the bank’s customers a convenient way in which they can take care of their monthly recurring expenses or a way in which they can receive a monthly instalment in order to manage their expenses prudently.
This facility will allow the customer to deposit a lump sum amount to the proposed account and automatically receive a preidentified amount on a periodic basis, throughout a given tenor.
The very first deposit of the NDB Reverse Planner was made by Sri Lanka’s one and only Master Blaster Sanath Jayasuriya, at the Kohuwala branch relocation ceremony.
The NDB Reverse Planner was introduced so that the customers may receive an identified amount from their savings automatically without manually monitoring and withdrawing on a given periodic basis.
During the lockdown period due to COVID-19, many individuals saw an increase in their expenses, even after their income decreased, due to various reasons such as pay cuts. NDB realising this need introduced the Reverse Planner so that the customers have the ability to receive a monthly agreed amount without having to worry about finances. This will give them the confidence and peace of mind on receipt of the pre-determined amount without worrying about the methods in which they might need to find the required money.