Residents in the fast developing Ratmalana area are now able to enjoy the facilities offered by NDB Bank, the world class Sri Lankan bank. NDB Bank’s network offers a wide range of services to choose from, particularly with recent additions to the Bank’s extensive product portfolio.

NDB Bank is rated “AA” (Sri Lanka) by Fitch Rating Lanka Ltd, for its strong financial profile, conservative and prudent policies, sound asset quality, above average risk management and well-capitalized position.

Among the latest additions to NDB Bank’s portfolio are the NDB Bank ‘Vishmitha’ Savings Account which offers an interest free loan, after the completion of one year. The account holders are able to obtain 75% of their average savings balance as an interest free loan once in every 12 months. These loans can be used for any purpose. In fact, the higher the account balance, the higher the loan option, while the available savings balance receives full interest even while the loan remains outstanding.

With its comparatively high interest rate of 7% paid on the daily balance, the “Vishmitha” Savings Account also offers an ATM/ Debit Card free of charge, thus enabling customers to withdraw at any of Sri Lanka’s more than 1000 VISA enabled ATMs.

NDB Bank and Dialog Telekom introduced “eZ Pay” facility, which enables customers to pay for goods, and services by using their Dialog mobile phone at authorized merchants. The first ever mCommerce solution in South Asia, it has opened a new era of convenience, flexibility and safety. Initially eZ Pay facility is available in Western Province and will be extended to other areas shortly.

NDB Bank offers customers a comprehensive range of commercial banking products and services such as: Current and Savings Accounts, which comes with a free ATM/Link Visa Debit cards, Fixed deposit accounts, Children’s savings accounts, Foreign currency accounts, Housing loans, Personal loans, Bancassurance, Leasing facilities, Privilege Banking, Travelers Cheque issuance, Cash Backed facilities, Western Union Money Transfer Services and Investment products. These products and services are backed by efficient electronic processing and multiple delivery Channels Island wide operated by teams of highly experienced banking professionals, state of the art Internet Banking service and Phone Banking by Touch.

Investors in fixed deposits can double their money by investing in five-year fixed deposits at 20% interest per annum.

NDB Bank’s tie-up with Western Union, a leader in global money transfers, has enabled customers to receive money from their loved ones overseas very conveniently. Acknowledged as the world’s fastest, reliable and secure means of sending and receiving money from overseas Western Union Money Transfer Service is available at all NDB Bank branches.

A choice is offered to the customers with the new concept of bancassurance investment products in partnership with NDB Bank’s associate company, Eagle Insurance. The customer has two choices of investment under Life Venture and Future Plans.

Customers are also able to obtain a NDB Home Loan at very competitive interest rates. An added advantage is the flexibility to accommodate one’s requirements since the Bank is prepared to offer a tailor-made facility to suit one’s ability to repay the loan.