Introduction
Introduction
Every individual has specific needs and priorities. Your needs could vary from buying a house, providing for your child’s education, getting your child married, retirement and many more. DFCC Bank’s investment planners cater your all financial needs and help secure your future.
Eligibility Criteria
Eligibility Criteria
- DFCC investment Planner – Any individual over the age of 18
- DFCC Junior Investment Planner – Any minor under the age of 18 (A parent or legal guardian must open an account on behalf of the minor.)
Features
Features
- The investments are available in both LKR and designated foreign currencies
- Guaranteed high Return on Investment
- Joint accounts are allowed
- E- Statements on quarterly basis
| Customer Type | Investment Planner Type | Minimum Investment Planner Amount | Investment Planner Tenor |
|---|---|---|---|
| DFCC – Minor | LKR | 100,000/- | Maximum 18 Years |
| DFCC – Minor | FCY | USD 10,000/- (Or equivalent value of any other currency) | Maximum 5 Years |
| DFCC – Adult | LKR | 100,000/- | Maximum 15 Years |
| DFCC – Adult | FCY | USD 10,000/- (Or equivalent value of any other currency) | Maximum 5 Years |
Click here to check the Investment Planner interest rates.
Click here to explore the DFCC Investment Planner by trying out our interactive calculator.
Documents Required
Documents Required
- Duly signed Account Opening Form
- NIC/EIC/Passport/Driving license of the client / Parent or Guardian
- Original Birth Certificate of the minor that will serve as identification proof and relationship proof where applicable
- Terms and conditions of DFCC investment planner / DFCC junior investment planner
Terms and Conditions
Terms and Conditions
- No partial withdrawals or counter withdrawals are permitted from the investment planner
- Interest rates will be calculated on a daily basis and will be credited monthly
- Applicable tax in total as per the prevalent laws will be deducted at the time of maturity
- In the event of an early closure, general saving interest rate will be applied
- After a grace period of seven days, if a customer fails to make a monthly commitment payment, the account will be closed automatically
- No bulk deposits are permitted
For more details and terms and conditions
Please contact your nearest DFCC bank or contact our 24 hours hotline on 0112350000.
Frequently Asked Questions
Frequently Asked Questions
01. What is the minimum maturity value for LKR Investment Planners?
- Rs. 100,000/-.
02. What is the minimum maturity period for Investment Planners?
- 02 years.
03. What is the maximum maturity period for LKR Investment Planners?
- 15 years for Adult and 18 Years Minor.
04. What is the maximum maturity period for foreign currency Investment Planners?
- 05 years.
05. What is the minimum maturity value for foreign currency Investment Planners?
- USD 10,000/- or equivalent in any other currency the Bank accepts.
06. Will applicable tax be deducted from the Investment Planner accounts?
- Yes
07. Are joint accounts allowed for DFCC JUNIOR INVESTMENT PLANNERS?
- No
08. Are withdrawals permitted?
- No partial withdrawals or counter withdrawals are permitted.
09. What is the maximum maturity value for Investment Planners?
- There is no maximum value.
10. What would happen to the planner if I missed one payment/instalment?
- The planner will be automatically terminated after 7 days from the payment due date.
11. Can I terminate the Investment Planner prematurely?
- Yes, a general savings account interest rate will be applied.
12. Can I open a planner with another joint party?
- Yes.
13. Can I direct deposit to the investment planner account monthly?
- No, direct deposits are prohibited; deposits must be made to your funding account.
14. How do I know my accumulated balance at any time?
- An Available balance can be checked via online banking.
15. Can I open multiple Investment Planners in my name?
- Yes.
