| Description of the Account |
Benefits to Customers |
Types of Fees and Other
Bank Charges
|
Procedures to be Followed to
Open the Account
|
Major Terms and Conditions |
| FriMi Savings Account |
|
This is an interest-bearing account which issues monthly
statements to the customer via email. This account is considered
as the main savings account when a customer register with the
FriMi app. This account can be used as the primary account to
bank, save, make payments and manage money from one app,
effortlessly.
|
-
Effortless in-app solutions to manage money from one app
- There is no minimum initial deposit
- Tiered Interest rates
- Digital Banking facilities
-
Main source account to make digital payments from the app
- Free e-statement facilities
|
|
-
Register by downloading the FriMi Application from Google
Play, App Store or Huawei AppGallery.
-
Submit a copy of a valid National Identity Card (NIC) or
Driving License as documentary evidence.
-
Valid billing proof required for address verification if the
resident address differs to NIC or Driving License.
|
Eligible Persons;
- Sri Lankan Nationals over 18 years
-
Holding a valid National Identity Card/passport and residing
in Sri Lanka.
-
Sri Lankans who are Non- residents working abroad with a
valid work visa
- There is no minimum initial deposit
-
Interest is calculated based on the daily available balance
and credited to the account at the end of each month.
|
| FriMi Savings Pot Account |
|
This is an interest-bearing account which allows FriMians to set
aside money for various saving purposes.
|
- Open up to 05 Savings pot accounts
- Tiered Interest rates
- Digital Banking facilities
|
|
-
Register by downloading the FriMi Application from Google
Play, App Store or Huawei AppGallery.
- Having an active FriMi Savings Account is mandatory
|
Eligible Persons;
- Sri Lankan Nationals over 18 years
-
Holding a valid National Identity Card/passport and residing
in Sri Lanka.
-
Sri Lankans who are Non- residents working abroad with a
valid work visa
- Minimum initial deposit is LKR 500/-.
-
Interest is calculated based on the daily available balance
and credited to the account at the end of each month.
- A user can open a maximum of 5 Savings Pot accounts
|
| FriMi Bucket List Account |
|
A goal-based savings account that helps to save in small values
for a target period customizable based on user preference. The
account can be nicknamed based on the user’s preference and/or
savings purpose.
|
- Automate savings based on monthly installments
- Open up to 05 Bucketlist accounts
- Tiered Interest rates
- Digital Banking facilities
|
|
-
Register by downloading the FriMi Application from Google
Play, App Store or Huawei AppGallery.
- Having an active FriMi Savings Account is mandatory
|
Eligible Persons;
- Sri Lankan Nationals over 18 years
-
Holding a valid National Identity Card/passport and residing
in Sri Lanka.
-
Sri Lankans who are Non- residents working abroad with a
valid work visa
-
Minimum initial deposit is LKR 500/- or less than 50% of the
target amount.
- Minimum target amount is LKR 10,000/-.
-
Interest is calculated based on the daily available balance
and credited to the account at the end of each month.
- A user can open a maximum of 5 Savings Pot accounts
|
| FriMi Round Up Savings Account |
|
This is an interest-bearing account that allows the user to save
automatically while transacting via the FriMi Savings Account.
The account can be set to round up to the nearest Rs. 50, Rs.
100 or Rs. 500
|
-
Automate savings while spending with customizable round-up
amounts
- Tiered Interest rates
- Digital Banking facilities
|
|
-
Register by downloading the FriMi Application from Google
Play, App Store or Huawei AppGallery.
- Having an active FriMi Savings Account is mandatory
|
Eligible Persons;
- Sri Lankan Nationals over 18 years
-
Holding a valid National Identity Card/passport and residing
in Sri Lanka.
-
Sri Lankans who are Non- residents working abroad with a
valid work visa
- There is no minimum initial deposit
-
Interest is calculated based on the daily available balance
and credited to the account at the end of each month.
|
