RDB New Life – Retirement Plan

Sri Lanka has been identified as a country which has a rapid growth rate of senior citizens in the region. RDB as a social responsibility decided to introduce the RDB New Life deposit scheme to attract the Senior Citizens in the country. This product serves the working generation in the ages of 16 to 55. RDB New Life deposit scheme supports people to enjoy their retirement age with a stable income by way of a pension.
We target the Bank’s niche market such as rural customers, low income earning customers and self-employees, and farmers. Another main focus is foreign employees who contribute to the country’s income as a whole.
Customers can open the account and send deposits monthly every three months or bi-annually. Benefits can be obtained once he or she completes the age of 55. This can be extended till the age of 60.