The Government Information Center

"Yes" (Young Executive Savings)

YES is a savings account made especially for young adults. The account was created with you and all your dreams in mind. A YES account can be opened with a minimum deposit of Rs. 2,000/-. Existing "Sisu Udana" Accounts will be automatically converted to YES Accounts at the age of 18 years. Open a "YES" account and say "YES" to everything you've dreamed of.

For Whom

• For young adults of 18 years and above who are ready to take on the challenge of life.

Features

• Loan facilities for :

• Higher education
• Business development
• Housing / Vehicles
• Weddings
• Purchase of equipment, computers and consumer durables
   

"Yes" (Young Executive Savings

• Internet Banking, Mobile Banking services from People's Bank
• A special interest rate for deposits of Rs. 25,000/- or higher
• Interest will be calculated daily and credited to the account monthly
• The facility to obtain People's Visa International Debit Cards without an issuance fee
• The facility to obtain People's Visa Credit Cards without a joining fee
• Having a "YES" Savings Account is an advantage when obtaining educational and personal Loans
• 50% of bank charges will be waived off when paying for professional exams
• Foreign travel facilities at an attractive rate from People's Travels
• A professional service and the security of state bank with over 740 branches and service centres located islandwide