NDB Wealth celebrates Thai Pongal

Friday, 18 January 2019

Expert financial planner NDB Wealth recently marked Thai Pongal, the festival celebrating the first harvest of the season that dates back over 2,000 years.

Commemorated with the tradition of boiling the first rice grown in the New Year, Thai Pongal is marked by Tamils in Sri Lanka and all around the world. They spruce up and decorate their homes, buy new clothes, give gifts, get together with family and

friends and partake in activities like cooking “Pongal” sweet rice and drawing intricate and colorful rice flour patterns at the entrances of their homes, to give back to nature by feeding birds, etc.

“Thai Pongal has a major cultural and religious significance for Tamils as it marks the return of the Sun following a six-month long period, signaling a prosperous and bountiful New Year to come. An important mantra during this time is ‘Paraiyana Kadiwalum, Pudiyana Pugudulam’, meaning to let go of the old and let in the new, and in particular new thoughts a

nd ideas that allow people to change with the times”, commented Gayathri Rajarathnam, Associate – Private Wealth Management Team at NDB Wealth.

Ms. Rajarathnam further added, “An auspicious period to shift your spending habits, Thai Pongal is known to be an especially lucky time to embark on new ventures. So, this is the ideal time to fully prepare for not only the coming year, but also for all the years to come, by prioritizing investment and savings. NDB Wealth’s team of experts will help you put a financial plan in place that not only adheres to your current situation but also sets you up to meet any future requirements coming your way. With our help, your investments will be able to hold up against any challenge or emergency that needs to be endured in the future.”

A key part of NDB Wealth’s strategy for 2019 is educating consumers about the benefits of financial security, which you can better achieve through an excellent alternative to traditional, low interest savings accounts like NDB Wealth Money Plus. Working hard for you, and offering rates more similar to a fixed deposit, NDB Wealth Money Plus offers a current yield of 11.25% per annum as at January 10, 2019, with the added flexibility to withdraw all of the deposited funds at any time, without a penalty.

NDB Wealth Money Plus is also the ideal account for the busy individuals who have limited time to keep track of their ongoing finances as income is credited daily, relieving them of that extra burden. Earnings are tax free to your hands. So, it is a great investment that helps you meet the additional expenses that come up during festivals or any other celebration.

It’s time to secure your future today itself. Visit www.ndbwealth.com or call us on 0719 788 788 to speak to one of our relationship managers and set up your Money Plus account. You can also visit our website to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you and your family in achieving full financial independence, with all the benefits entailed therein.

NDB Wealth is an affiliate of the NDB Group, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the dominant leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.