Muthu translated to English depicts a pearl, and aims to link childhood to the traits of a pearl. The brand Singer, introduced Hire Purchase to the world way back in 1851 and then the beginnings were humble and small, although a Savings products is not an innovation, the company’s track record speaks of a high success rate and we remain optimistic that the simple beginning of “Singer Muthu” savings is the beginning of a family of new products which will one day be a success story to be spoken about.
SAVING ACCOUNTS
MINOR SAVINGS - (Singer 'MUTHU')
Save for your child with higher interest rate instead of having Gifts.
- Interest Rate – 8.50%
- Only for Children’s age under 18 Years
- Initial Deposit will be Rs.300/= and no withdrawals are allowed till the child becomes Major.
Documents Required :
ORDINARY SAVINGS
Interest Rates
| Normal Savings |
8.00% |
| Corporate Savings |
8.00% |
| Diriliya |
8.25% |
| Next Gen |
8.25% |
- For customers between 18 years of age and 60
- Initial Deposit will be Rs.300/=
RATES EFFECTIVE DATE: 26.03.2024