Cargills Bank offers high interest rates for fixed deposits

10 April, 2022
Lasantha Mahendrarajah

Cargills Bank is giving its customers something to celebrate this Avurudu by offering one of the highest interest rates among banks for one-year Fixed Deposits, and giving Cargills Food City Vouchers worth up to Rs. 30,000 for all new Fixed Deposits. This special seasonal offer is valid until May 31, 2022.

AGM, Retail Banking and SMEs, Lasantha Mahendrarajah said, “Avurudhu is a special time of year for all Sri Lankans. People often look to make a positive start to the year by saving. However, purchasing power has been eroded by the rising prices of essential goods. Therefore, we decided to give our depositors something to smile about by offering instant rewards in the form of Cargills Food City vouchers. As we aim to be Sri Lanka’s most inclusive bank, we have extended this promotion to all sizes of FDs ranging from Rs. 50,000 to Rs. 5,000,000. Thus, we invite everyone to take this opportunity and enjoy the festive season while saving for the future this Avurudhu.” Cargills Bank is rated AA-(lka) with a Stable Outlook by Fitch Ratings Lanka, underscoring the stability of the bank with the backing of the Cargills group. This rating is on par with leading commercial banks in Sri Lanka.

Cargills Bank offers customers a full range of products and services including savings accounts, investment planner accounts, credit & debit cards, consumer loans, agriculture and micro financing, SME and business banking loans and trade facilities.

The Bank also provides a range of flexible and convenient digital banking services, ensuring 24/7 access and absolute convenience. Cargills Bank accounts are also accessible through Cargills FoodCity outlets islandwide and customers enjoy free cash withdrawals and deposits at any Cargills Food City counter, courtesy of the Cargills Cash Service.

– Sunday Observer Sri Lanka

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