Sunday Times (Sri Lanka)

People’s Bank Launches ‘Vanitha Vasana Month’

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To encourage the habit of saving among the women of Sri Lanka and further strengthen their financial capacity, People’s Bank has named the period between 8th March and 8th April as ‘ Vanitha Vasana Month in commemorat­ing Internatio­nal Women’s Day.

A programme is launched to double the savings during the Vanitha Vasana Month for all Vanitha Vasana Accounts. For this purpose, People’s Bank has introduced Savings Receipts valued at Rs. 1,000/-, Rs. 5,000/-, Rs. 10,000/-, Rs. 25,000/-, Rs. 50,000/-, Rs. 100,000/- and those who deposit money to Vanitha Vasana Accounts during the Vanitha Vasana Month will receive these Savings Receipts. These savings Receipts will be taken in for a special draw and the person with the winning receipt will receive the amount on the receipt as the prize.

For example, if a person has deposited Rs. 25,000/- to a Vanitha Vasana Account and her receipt is chosen as the winning receipt, People’s Bank will deposit an additional Rs. 25,000/- in her account.

Vanitha Vasana accounts receive more interest rate than a regular savings account and the accumulate­d interest will be automatica­lly transferre­d to the account.

Furthermor­e, savings during the Vanitha Vasana Month will be entitled to People’s Bank Jaya Sri Draw. The Jaya Sri Draw will be held at the end of each month and in this draw, Motor Cars, Four Wheel Tractors and Household Appliances including Television Sets will be on offer as prizes.

Enjoy all these benefits by opening a Vanitha Vasana Account or add a special deposit to an existing Vanitha Vasana Account during the Vanitha Vasana Month. Vanitha Vasana Draw will be held at all People’s Bank branches islandwide simultaneo­usly with the 51st anniversar­y of People’s Bank in July.

The main inaugurati­on ceremony to introduce the Vanitha Vasana Month was held under the patronage of the Chief Executive Officer / General Manager of People’s Bank, Mr. N. Vasantha Kumar, on the Internatio­nal Women’s Day, at the Head Office Branch of People’s Bank. The ceremony was attended by corporate & executive management of People’s Bank along with the staff and customers.

Adding colour to the occasion, Renowned Beautician Mrs. Chandani Bandara, Popular Sports Personnel Mrs. E. A. T. Damayanthi, Renowned Chef Lloyd Opatha carried out a special workshop. Many other branches of People’s Bank held programmes simultaneo­usly to commemorat­e Internatio­nal Women’s Day and to introduce Vanitha Vasana Month.

Photo – Chief Executive Officer/ General Manager of People’s Bank, Mr. N. Vasantha Kumar accepting a ‘ Vanitha Vasana’ deposit. Manager of Head Office Branch, Mr. Prasad Marasinghe is also present.

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