Benefits of Mercantile Investments Savings Accounts:
- Can be opened with a minimum initial deposit of LKR 1,500/=
- Any number of withdrawals permitted per month
- Interest calculated daily and credited monthly
- Special rate of return for senior citizens
Mercantile Investments has introduced general savings accounts to encourage and instill a habit of saving and financial security among Sri Lankans:
MI Max Savings Account
An account for all other Sri Lankans above legal age investing in their future financial independence.
MI Max Savings Account offer attractive interest rates, and can be opened and accessed at any Mercantile Investments branch island-wide.
Savings Interest Rates
Product | Rates |
---|---|
Normal Savings | 4.50% |
Senior Savings | 5% |
Micro savings | 3% |
Savings rates with effect from 20th of February 2024.
Required Documents: