Interest Rates
- Home
- Interest Rates
English
සිංහල
தமிழ்
English
Interest Rates effective from February 19 2024
Savings Deposits
Description | Min Rate | Max Rate |
---|---|---|
Up to 999 | NIL | NIL |
1,000 – 499,999 | 3.50% | 3.75% |
500,000 and above | 4.00% | 4.25% |
Minor Savings Deposits
Description | Min Rate | Max Rate |
---|---|---|
Up to 999 | NIL | NIL |
1,000 – 24,999 | 2.50% | 2.75% |
25,000 – 99,999 | 3.00% | 3.25% |
100,000 – 499,999 | 4.00% | 4.25% |
500,000 and above | 5.00% | 5.25% |
Kidz Club Account
Description | Min Rate | Max Rate |
---|---|---|
Up to 999 | NIL | NIL |
Over 1,000 | 4.00% | 4.25% |
Call Deposits
Description | Min Rate | Max Rate |
---|---|---|
Call Deposits | 4.00% | 4.50% |
Time Deposits
Description | Min Rate | Max Rate | |
---|---|---|---|
1 Mnt | 8.00% (AER 8.30%) | 8.25% (AER 8.57%) | |
3 Mnts | 9.5% (AER 9.84%) | 9.75% (AER 10.11%) | |
6 Mnts | 9.25% (AER 9.46%) | 9.50% (AER 9.73%) | |
1 Year – Interest Payable Monthly | 9.00% (AER 9.38%) | 9.25% (AER 9.65%) | |
1 Year – Interest Payable at Maturity | 9.50% (AER 9.50%) | 9.75% (AER 9.75%) | |
2 Years – Interest Payable Monthly | 8.85% (AER 9.22%) | 9.10% (AER 9.49%) | |
2 Years – Interest Payable Maturity | 10.00% (AER 9.54%) | 10.25% (AER 9.77%) | |
3 Years – Interest Payable Monthly | 8.75% (AER 9.11%) | 9.00% (AER 9.38%) | |
3 Years – Interest Payable at Maturity | 10.50% (AER 9.56%) | 10.75% (AER 9.77%) | |
4 Years – Interest Payable Monthly | 8.50% (AER 8.84%) | 8.75% (AER 9.11%) | |
4 Years – Interest Payable at Maturity | 10.50% (AER 9.16%) | 10.75% (AER 9.35%) |
FCY Savings
Description | Min Rate | Max Rate | |
---|---|---|---|
US Dollar | 0.50% | 0.75% | |
Sterling Pound | 1.00% | 2.00% | |
Euro | 1.00% | 2.00% | |
Australian Dollar | 0.0% | 0.0% | |
Singapore Dollar | 0.50% | 1.00% | |
Japanese Yen | 0.13% | 0.63% | |
Hong Kong Dollar | 0.50% | 1.00% |
FCY Term Deposits – 1 Month
Description | Min Rate | Max Rate |
---|---|---|
USD | 0.75% (AER-0.75%) | 1.00% (AER-1.00%) |
GBP | 1.00% (AER-1.00%) | 2.00% (AER-2.02%) |
EUR | 1.00% (AER-1.00%) | 2.00% (AER-2.02%) |
FCY Term Deposits – 3 Months
Description | Min Rate | Max Rate |
---|---|---|
USD | 1.00% (AER-1.00%) | 1.25% (AER-1.26%) |
GBP | 1.00% (AER-1.00%) | 2.00% (AER-2.02%) |
EUR | 1.00% (AER-1.00%) | 2.00% (AER-2.02%) |
FCY Term Deposits – 6 Months
Description | Min Rate | Max Rate |
---|---|---|
USD | 1.25% (AER-1.26%) | 1.50% (AER-1.51%) |
GBP | 1.50% (AER-1.51%) | 2.50% (AER-2.52%) |
EUR | 1.50% (AER-1.51%) | 2.50% (AER-2.52%) |
FCY Term Deposits – 1 Year
Description | Min Rate | Max Rate |
---|---|---|
USD | 1.50% (AER-1.50%) | 1.75% (AER-1.75%) |
GBP | 1.50% (AER-1.50%) | 2.50% (AER-2.50%) |
EUR | 1.50% (AER-1.50%) | 2.50% (AER-2.50%) |
Interest Rates on Advances
Description | Min Rate | Max Rate |
---|---|---|
Export Bill Finance – US Dollar Facilities | 10.57 | 11.57 |
Small & Medium Enterprises (SMEs) Loans | 9.00 | 15.09 |
Short Term Loans | 11.09 | 15.09 |
Medium & Long Term Loans | 9.00 | 14.09 |
Loans Against FDs – 1 Year Margin | 12.50 | 14.00 |
Lending to Prime Customers | 10.67 | 14.00 |
Overdrafts
Description | Min Rate | Max Rate |
---|---|---|
Corporate | 10.67 | 14.00 |
Penal Rate on Over Dues
Description | Min Rate | Max Rate |
---|---|---|
Penal Interest Rate – Margin | 2.00 | 2.00 |
Note – Interest Rates are subject to change periodically. Please call us on our hotline to find the latest interest rates applicable.
Note – Interest rates may vary between the given range (minimum/ maximum) and subject to thresholds specified for each product.
Note – Please contact the bank for interest rates and other information on new advances/ facility products.
සිංහල
தமிழ்