Encouraging highflyers at the grade five scholarship examination Bank of Ceylon (BoC) Ran Kekulu offered 2000 scholarships worth of Rs.10,000 each. The main scholarship awards ceremony was held at Kurunegala Maliyadewa Balika Vidyalaya recently with the participation of over 200 scholarship holders and their parents. Similarly, eight other awards ceremonies were organised covering all the nine provinces of the country.
Two thousand students who have made themselves eligible by maintaining a Rs.2500 balance in their Ran Kekulu account on or before the examination date and obtained the required level of results at the 2014 scholarship examination received this award at the ceremony.
“BOC Ran Kekulu is one of the prime savings accounts the bank has offered to youngsters of the country. The bank focuses on securing a child’s future financially through savings building. We are pleased to see that we have continuously taken up this scholarship programme since 2002 for 13 years awarding over 12600 scholarships worth of Rs.126 million,” stated Deputy General Manager Province Sales Management G.L.P. Jinasoma.
North Central Province Chief Secretary J. Wijerathne graced the occasion as the chief guest. Provincial education Director J.J.N. Thilakaratne, Zonal Director Planning E.M.P.M.S. Ekanayake and Maliyadeva Balika Vidyalaya Principal Soma Rathnayake also participated as guests.
Benefits of the accounts are not limited to mere gift schemes that come along with the deposits made to the account. Ran Kekulu accounts always carry an additional 1 percent above the normal rate. This account is also linked with free life insurance cover for the parent or guardian to a maximum of Rs.500,000 (minimum balance of Rs.5000 should be maintained for a period of six months or more prior to the incident).
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