The AFC Hapannu Children’s Savings Account by Alliance Finance is designed to help children build a
habit of saving while growing into socially and environmentally responsible individuals.
More than just a savings account, AFC Hapannu connects a child’s financial journey with a meaningful
impact on nature and society - reflecting Alliance Finance’s Triple Bottom Line philosophy of People,
Planet and Profit. One of the key purposes of AFC Hapannu is to educate children on holistic
sustainability, helping to instill and reinforce strong environmental and social values during their
formative years. This, in turn, nurtures a new generation of responsible adults who will contribute to the
sustainable development of the nation. This is real investment with purpose.
Children with AFC Hapannu accounts will have a tree planted in their name at the AFC Hapannu Forest in
Dulgolla, Kandy - Sri Lanka’s first forest created by children, dedicated to the future generations of the
nation. This forest is also the country’s first public-private reforestation initiative, developed in
partnership with the Department of Forest Conservation. Each tree represents a child’s contribution to
building a greener future.
The AFC Hapannu account is also powered with the Hapannu Mobile App, which allows parents and
children to view their geo-tagged tree, track its growth, and explore free educative and engaging
content about the environment, wildlife and sustainable living.
The Hapannu Forest is part of AFC’s ‘One Million Trees for Unity’ project with over 926,000 trees
planted across Sri Lanka.
Through AFC Hapannu, Alliance Finance aims to nurture a generation that understands the importance
of saving, caring for the environment, and contributing positively to society - because true prosperity is
built on good social and environmental balance.
AFC Hapannu
The Benefits
- Attractive interest rate
- AFC Hapannu Mobile App with access to view and track the progress of their own geo-tagged tree.
- Access to free sustainability educational content published through the App.
- Periodic updates on the AFC Hapannu Forest and its progress.
- Access to information on the environmental impact gained through the AFC Hapannu Forest.
- Entitlement to participate in various AFC Hapannu social and environmental activities.
Eligibility and Other Info
- A parent / Guardian with a child below 18 years of Age
- Should be a Sri Lankan Citizen
- Minimum deposit is 1000LKR
- Withdrawals can do after 18 years old
- Account will be automatically transferred to a Regular savings account at the age of 18 years to the Child.
More options for your dream
AFC offers you a range of other financial solutions to meet your diverse needs. Click on your desired product below to find out more details…
AFC Hapannu Minor - Tier Interest
| Criteria/ Slab
|
Interest Rate |
A.E.R. |
|---|---|---|
| Rs. 1,000.00 to Rs. 10,000.00 | 6.00% |
6.17% |
| Rs. 10,000.01 to Rs. 25,000.00 | 6.25% | 6.43% |
| Rs. 25,000.01 to Rs. 500,000.00 | 6.75% | 6.96% |
| Rs. 500,000.01 & Above | 7.00% | 7.23% |
AFC Hapannu Minor - Gift Scheme
| Criteria/ Slab | Interest Rate | A.E.R. |
|---|---|---|
| Rs.1,000/- | 4.00% |
4.07% |
| Rs.5,000/- | 4.00% | 4.07% |
| Rs.10,000/- | 4.00% | 4.07% |
| Rs.25,000/- | 3.00% | 3.04% |
| Rs.50,000/- | 2.50% | 2.53% |
| Rs.100,000/- | 2.50% | 2.53% |
| Rs.250,000/- | 2.50% | 2.53% |
| Rs.300,000/- or Above | 3.00% | 3.07% |
AFC Hapannu - Thuru Ithurum
| Criteria/ Slab | Interest Rate | A.E.R. |
|---|---|---|
| Rs.10,000/- & Above | 7.00% |
7.23% |
Please note that due to rapidly fluctuating Interest Rates in the market, the Interest Rates are subject to change without notice and may not be the same on the date of Renewal. Kindly contact us on Marketing Hotline No: 1321 for current Interest Rates.
At Alliance Finance Company we are here to help you.
Your questions and feedback are important to us. Just call us or drop us an email for all your inquiries and comments.