Mercantile Investments relaunches ‘Podiththo’ Kids Savings Account

In celebration of World Children’s Day, Mercantile Investments relaunched its ‘Podiththo’ Kids Savings Account, designed to nurture the educational and health needs of children while fostering the habit of saving from an early age.

The relaunch event, held at the company’s Kollupitiya Head Office, was graced by Managing Director Gerard Ondaatjie and Chief Operating Officer Laksanda Gunawardena. Families and their excited children were present, making the occasion even more special.

To further celebrate World Children’s Day, Mercantile Investments sponsored a series of fun and educational activities at preschools across the island, promoting the importance of financial security from a young age.

What sets the ‘Podiththo’ account apart from traditional children’s savings accounts is its holistic focus on both education and health. The account offers a daily cash payout during hospital stays, giving families additional support during challenging times.

Mercantile Investments’ commitment to children’s education is reflected in its annual scholarship initiative. The company will award scholarships to ‘Podiththo’ account holders who achieve the highest marks in the Grade Five Scholarship exam each year. This initiative highlights the company’s dedication to empowering young minds and supporting their educational journey.

As children save and reach milestones, they are rewarded with a range of exciting gifts, from tills and writing tabs to chess boards, school bags, vouchers, scooters, bicycles, guitar, and even tablets. These rewards help motivate children to continue saving and build a strong financial foundation from an early age.

Mercantile Investments remains steadfast in its mission to secure a brighter future for the younger generation, making the ‘Podiththo’ Kids Savings Account a valuable tool for parents who want to invest in their children’s health, education, and overall well-being.