Monday – Friday : 8:30am – 3:30pm 


The SMIB “Muthusina” Minor Savings Account is specifically designed to encourage savings habits of children’s while obtaining attractive gifts.

Features and Benefits

  • Attractive interest rate
  • Amazing gifts according to account balance.
  • Special rewards for Child’s performance at Grade 5 scholarship, G.C.E O/L, and A/L exams.
  • Automatic conversion of “Muthusina” account to a normal savings account soon after the child turns 18 years.


  • The account can be opened for children below the age of 18 by a parent or guardian (Sri Lankan citizen) over the age of 18.
  • Initial deposit Rs.500/- to start the account.

    ** The accounts should be opened for children on or before they reach 13 years to be eligible for the gift scheme

Documents required

  • A duly completed application form.
  • Birth Certificate / Passport of the child.-
  • National Identity Card /Passport /Driving License or acceptable ID of parent / guardian / benefactor.
  • Copy of a recent utility bill/bank statement to establish residence address.

Rewards for the Deposit Scheme

Account Balance – Rs.
(Balance should be without interest income)





24 Colour Pencil Box


School Bag


Travelling Bag


64GB pen drive


Smart Watch


Bluetooth speaker


Rs.30,000 worth of Gift Vouchers will be provided by the bank to obtain Mountain Bicycle


Rs.45,000 worth of Gift vouchers will be provided by the bank Mobile Phone


Rs.75,000 worth of Gift vouchers will be provided by the bank Tab


Rs.150,000 worth of Gift vouchers will be provided by the bank Laptop

Special Rewards Scheme

Rewards Scheme – G.C.E O/L and A/L exams.

  • Grade 5 scholarship – A sum of Rs.7,500/- will be credited to those who obtain over 180 marks for the Grade 5 Scholarship exam. This is valid for all branches. A minimum balance of Rs. 15,000.00 should be maintained 01 year preceding the Scholarship examination to be eligible for this scholarship.
  • GCE O/L – A Sum Rs.10,000 those who have obtained 9 As for the O/L examination will be credited to the account. To qualify for this, a minimum balance of Rs. 75.000.00 should be maintained to be eligible for the scholarship. The minimum balance must be maintained in the account 02 years preceding the O/L examination.
  • GCE A/L – A Sum of Rs. 25,000.00 will be credited to the account for the best 3 students in each stream for A/L Examination. This will be given based on the district rank of each district. To entitle for this, a minimum balance of Rs. 100,000.00 is to be maintained in the account 02 years preceding the A/L examination


Please leave your details and any comments or inquiries you may have in the form below. Our attentive team will review your message and assist you soon.

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