Pancha Children’s Savings

Pancha Children’s Savings

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Features & Benefits

Minor savings is an investment made on behalf of the child for future use for his/her education, health, sports & entrepreneurship.

 

Eligibility

  • Those who are below 18 years
  • Opening Balance Rs.1000/-

Documents Required

  • National Identity Card / Passport / Driving License of Parent or Guardian
  • Birth Certificate of Minor
  • Billing Proof

What is Sarvodaya

History of the Sarvodaya Development Finance (SDF)

Sarvodaya Development Finance(SDF), was established by Sri Lanka’s oldest continuing social movement, the Sarvodaya Sharamadana Movement. The purpose was to support underserved rural economies and grass roots entrepreneurism in Sri Lanka, that represented communities deemed ‘non-bankable’ by formal financial institutions. As the financial arm of the Sarvodaya Movement, SDF is the only finance company in Sri Lanka owned by a charity and is the first dedicated development finance institution in Sri Lanka. SDF is also one of the oldest Micro credit institutions in Sri Lanka and is the first formal financial institution to channel private sector investments into low and mid-income groups in the country.

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