BOC Ran Kekulu gifts for grade 1 and pre-school new entrants | Page 2 | Sunday Observer

BOC Ran Kekulu gifts for grade 1 and pre-school new entrants

The Bank of Ceylon (BOC) has introduced a gift scheme for BOC Ran Kekulu Grade one and pre-school new entrants to boost their enthusiasm as they go to school/pre-school for the first time.

The offer will be open till the end of March or till stocks last to give more children the opportunity to receive this gift.

BOC branches are ready to open a new account with a Rs. 250 deposit from the bank in addition to the initial deposit by the customer and present the gift pack of two drawing books and a box of coloured pastels to children who are entering pre-school or Grade 1 this year. All Ran Kekulu account holders who have entered pre-school or Grade 1 this year are also eligible for this gift.

This offer is another benefit that comes along with an array of benefits which are attached to the Ran Kekulu account. Ran Kekulu accounts carry an additional 1% above the normal rate.

This account is also linked to free life insurance cover for the parent or guardian to a maximum of Rs. 500,000 (a minimum balance of Rs. 5,000 should be maintained for six months or more prior to the incident).

Any parent or guardian who opens Ran Kekulu accounts for more than one child will be covered up to a maximum of Rs. 1 million. The child will also get a free medical insurance cover up to Rs.100,000 per annum in the event of an accident or 10 specified critical illnesses requiring hospitalisation in a private hospital for more than one night (a minimum balance of Rs. 5,000 should be maintained for a period of six months prior to the incident/illness).

In the event of being admitted to a Government hospital needing hospitalisation for more than three nights the insurance cover would be Rs. 600 per day, for a maximum of 30 days. 

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