DFCC Bank Enhances Garusaru Loans with Savings Benefits for Future Generations

DFCC Bank PLC has introduced a new value-added benefit for DFCC Garusaru Loan customers, enabling eligible pensioners to access concessionary loan rates while building savings for their children and grandchildren through linked DFCC Junior Savings Accounts.

The enhanced proposition recognises the important role many grandparents continue to play in supporting their families, often balancing their own financial needs while contributing towards the future wellbeing of younger generations.

Under the initiative, eligible Garusaru Loan customers can enjoy interest concessions of up to 0.5% by opening and maintaining a DFCC Junior Savings Account and meeting specified savings commitments. Customers may qualify through selected initial deposit options or by establishing a monthly standing order, with savings contributions starting from Rs. 2,000 per month.

The DFCC Garusaru Loan was developed to provide government pensioners with convenient access to financial support during retirement. The introduction of savings-linked benefits further strengthens the proposition by combining immediate financial assistance with long-term financial planning for dependents.

Commenting on the initiative, Asitha Pinnaduwa, Vice President / Head of Products and Propositions, Retail & Business Banking said, "Many pensioners continue to play an active role in supporting their children and grandchildren, often helping create opportunities for the next generation. This enhancement to the Garusaru proposition recognises that reality by offering customers a practical way to address their own financial needs while building savings for the future. It reflects our commitment to developing solutions that are closely aligned with how families plan, support, and grow together."

The proposition creates a dual benefit for customers - access to financing at concessionary rates alongside a structured savings mechanism designed to encourage long-term financial discipline and future preparedness.

By linking loan benefits with savings commitments, DFCC Bank also aims to promote positive saving habits within families while encouraging greater financial security across generations.

The enhanced Garusaru Loan benefit is available subject to applicable product terms, eligibility criteria, and account maintenance requirements. Customers may contact their nearest DFCC Bank branch or official DFCC Bank communication channels for further information.

Through propositions such as Garusaru, DFCC Bank continues to develop customer-centric financial solutions that respond to the needs of individuals and families at different stages of life, while creating meaningful and lasting value across generations.

About DFCC Bank

DFCC Bank PLC, established in 1955 and listed on the Colombo Stock Exchange since 1956, is one of Sri Lanka’s leading financial institutions. Regulated by the Central Bank of Sri Lanka and rated A (lka) by Fitch Ratings, the Bank offers a comprehensive portfolio of retail, corporate, and SME banking services, along with treasury, investment, and trade finance solutions.

With customer centricity and sustainable innovation at its core, DFCC Bank delivers seamless and secure banking experiences, which include digital platforms like DFCC MySpace, and through a network of 133 branches and access to over 6,000 ATMs via the LankaPay network.

A recognised leader in sustainable finance and renewable energy initiatives, DFCC Bank is committed to reducing environmental impact and fostering long-term economic resilience.