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Products of the Seylan Bank


Personal

Savings Accounts

Seylan Sure
·         Offers definite benefits for personal savings and current account holders
·         Individuals aged above  18 years
Tikiri
·         Big account for little ones
·         Children below 15 years of age
Seylan Harasara
·         Senior citizens account
·         Senior citizens aged above 55 years
Seylfie
·         Youth account with rupee and digital interest option
·         Youth aged between  18-26 year

Income Saver Account
·         Savings account for monthly regular income earners
·         Individuals who earn a regular monthly income


Fixed Deposits

Millennium 30
·         30-day fixed deposit to Corporate, SME, retail and individual clients
·         Flexi Deposit Allows depositor to select the time period of the fixed deposit
Seylan Shakthi
·         4-year fixed deposit Interest and reward benefits
5star
·         5-year fixed deposit

NRFC

Thilina Sayura
·         Foreign currency deposit  account with rewards
·         Non-resident and Sri Lankan individuals who earn foreign exchange

Lending Products

Loans

Seylan Home Loans
·         Home Loans up to LKR 100 Mn. for construction or purchase of  a house or apartment
·         Fixed interest rates
·         Offer for primarily salaried individuals, professionals and businessmen
Seylan Loan  Against Property
·         Loans made available against your residential property to upgrade your lifestyle, grow your business or for investments
·         Fixed interest rates and doorstep service
·         Offer for salaried individuals with residential property under their name
Seylan Personal Loans
·         Personal loan for any related purpose
·         Fixed Interest rates, doorstep service and approval within two days
·         Offer for salaried individuals employed at reputed companies, professionals, government servants and armed forces

Seylan SME
·         Specialised loan scheme for  SME sector
Scholar Loans
·         Unique higher education loan scheme
Seylan Gold Loans
·         Instant short-term loan facility against gold articles
·         Offer for corporate and individual clients

Pawning

Seylan Pawning
·         Cash advance against gold

Leasing

Seylan Leasing
·         Finance leases for vehicles, motorcycles, machinery, plant and equipment




Other Services

Seylan Credit and Debit Cards
·         Visa
·         Master credit and  debit cards
·         Including rewards, merchant discounts
·         Offer for individual clients
Overdrafts
·         Overdraft facilities for personal and corporate current account holders
Trade Finance
·         Imports and Exports Commission and interest benefits
·         Offer for corporate, SME, retail and individual clients
Seylan Factoring
·         Provides working capital requirements against trade receivables
·         Offer for corporate, SME, retail and individual clients
Seylan eBanking
·         Able to carry out a variety of banking functions at their convenience by the click of  a button
·         Low charges
·         24 x 7 accessibility
·         Offer for Corporate, SME, retail and individual clients, minor and credit cardholders
SEY Cash
·         Bank’s remittances platform
SMS Banking
·         Opportunity to carry out selected banking functions via SMS
·         Free up to a number of SMSs and convenience
·         Offer for Corporate, SME, retail and individual clients, minor and credit cardholders
Seylan Suhada Sewa
·         Dedicated service for those people in the society in need of attentiveness
·         Free of charge and convenience
·         Offer for Clergy, senior citizens, differently-able people, pregnant ladies and mothers with infants
Treasury investments
Margin trading facilities
Offshore banking


The Services Provide to Corporate Sector
The corporate division provide flexible integrated financial solutions to business. The relationship managers will help to manage financial needs and streamline financial operations.
The bank work with companies across a broad range of industries including, general industries, consumer and retail,, technology transport, power, healthcare, construction and financial institutions.

Products and services
·         Working capital finance
ü  This service is available for any type of business ranging from SMEs, corporate.
ü  This is a huge benefit especially to start-up businesses with good products and services and quality debtors but lacking in capital to grow the business.
ü  Minimum deposit to open the account is LKR 1500
ü  Interest rates   -     below LKR 999.99           0.00%
-          LKR 1000 to LKR 9999.99  2.00%
-          Above LKR 10,000               3.50%
·         Assets and equipment

·         Import and export finance
ü  Advising the letter of credits
ü  Handling the collection bills through any branch
ü  Make remittances for imports on advance payment methods
ü  Import loans
ü  Shipping guarantees

·         Syndicate finance
·         Acquisitions
·         Leasing
·         Margin trading
·         Corporate payment services
·         Internet banking

·         Internet payment gateway
ü  This service gives the opportunity to serve a worldwide 24*7*365 days

·         Money Market Savings Account
ü  Short-term savings account  with higher interest rate
ü  Corporate and collection accounts of institutions



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