The Daru Isuru savings accounts were designed specifically for parents who cannot open a separate saving account for their children.
All that is required, is for the parent or guardian, to open a savings account in their name, with a minimum deposit of Rs 1,000, and a subsidiary account will be opened for the child.
A portion of the interest from the parent’s/guardian’s account will be transferred to the child’s account every month, gradually building up saving for the child, as well as the adult.