Alliance Finance – 11.5% Interest rate per Annum for 9 month Fixed Deposits

Alliance Finance Company announces a special interest rate for 9 month fixed deposit as 11.5% per annum paid in maturity and 11.66% A.E.R.

All banking and financing sectors is offer higher interest rate now due to USD depreciation and Srilanka economy impacts. Most banks offer little lesser fixed deposit interest rate than financial companies because of their risk taking appetite.

Therefore investing in central bank registered finance company is secure* and it is offer bit more interest for your deposits.

The above special interest rate offer valid for a limited time only and to see more interest rates for terms deposits see below image.

Alliance Finance – 11.5% Interest rate per Annum for 9 month Fixed Deposits
Alliance Finance – 11.5% Interest rate per Annum for 9 month Fixed Deposits

Fixed Deposits with CDB and Get Free iPhone 6S

Citizen Development Business Finance PLC announces a special promotion for 30 Months and 4 years Fixed Deposits to get a nominal interest rate along with Apple iPhone 6S Free.

Make a Fixed Deposits of Rs. 500,000/- for  4years at a 6.25% Interest rate (A.E.R. 5.74%) and get your Apple iPhone 6S Free. Normal 4 Years Fixed Deposit Interest rate would be 11.50% (A.E.R 9.92% ).

Or els make a Fixed Deposits of Rs. 750,000/- for  30 Months at a 5% Interest rate (A.E.R. 4.82%) and get your Apple iPhone 6S Free. Normal 36 Month Fixed Deposit Interest rate would be 11% (A.E.R 9.97% ).

If you really wanted to buy an Apple iPhone this may be good promotion, but as an investment opportunity this promotion will not work.

See below table for Normal Interest Rate from CDB

Period Monthly Interest Maturity Interest AER Monthly AER Maturity
1 Month 7% 7.23%
3 Months 7.00% 7.50% 7.23% 7.71%
6 Months 8.50% 9.00% 8.84% 9.20%
12 Months 9.00% 10.00% 9.38% 10.00%
18 Months 9.50% 10.50% 9.92% 10.25%
24 Months 9.50% 10.75% 9.92% 10.23%
36 Months 9.50% 11.00% 9.92% 9.97%
48 Months 9.75% 11.50% 10.20% 9.92%
60Months 10.00% 12.00% 10.47% 9.86%

 

For more details see below image

Fixed Deposits with CDB and Get Free iPhone 6S
Fixed Deposits with CDB and Get Free iPhone 6S

Sanasa Development Bank Fixed Deposits Interest Rate – 10.75%

Sanasa Development Bank offers its Highest Interest rate for 5 years fixed deposits at 10.75% of annual interest at maturity.

And the bank is offering attractive rates of interest and secure investment with government security. And Sanasa Development banks offers personalized friendly service though out Island-wide Branch Network.

Other Fixed Deposits Interest Rates


3 Month
6 Months
1 Year
Interest at Maturity
7.25%
7.50%
8.25%
A.E.R
7.45%
7.64%
8.25%

 

Attractive rates of interest for other Fixed Deposits. For more information visit your nearest SDB branch or contact to 011 5411 411 or see below image

Sanasa Development Bank Fixed Deposits Interest Rate – 10.75%
Sanasa Development Bank Fixed Deposits Interest Rate – 10.75%

Highest Interest Rate from Sanasa Development Bank

Sanasa Development Bank offers 10% per Annum Interest rate for the 5 years fixed Deposits, this 10% interest rate is considered to be Highest Rate of Interest in banking industry. This interest would paid in at maturity and this is to consider as A.E.R. 8.45%

For more information visit your nearest SDB branch or call 0112 832 577 or see below image

Highest Interest Rate from Sanasa Development Bank
Highest Interest Rate from Sanasa Development Bank

Senior Citizen Fixed Deposits new interest rates, Deposits Less than 1 Million 15% and Deposits Less than 2.5 Million 12% per Annum – Confirmed by Central bank of Sri Lanka

Central Bank of Sri Lanka has said that it had instructed all the banks to allow senior citizens who are over 60 years of age to avail them of the special interest scheme meant for them as announced in the interim budget of 2015, with effect from February 1, 2015.

Accordingly, senior citizens above the age of 60, who held fixed deposits not exceeding Rs.1 million in aggregate in all banks as at January 31, 2015, would be eligible for an interest rate of 15% per annum. Senior citizens who have reached the age of 60 after January 31, 2015 and hold fixed deposits not exceeding Rs.1 million will also be eligible for the same interest rate.

Senior citizens who opened fixed deposits of up to Rs.2.5 million prior to January 16, 2015, under the previous scheme, will be eligible for a 12%per annum interest rate

Is 15% interest rate for Senior Citizens’ Deposit is active in Sri Lanka? ( Highest Interest Rate Earnings in Sri Lanka at the Moment)

There were many confusion over 15% interest for senior citizens’ deposits, where the Sri Lanka Banks’ Association (SLBA) stated that they are going to meet the Deputy Governor, Ananda Silva on Monday to get few clarification about this scheme.

There are many Senior citizens are facing problem due to a less interest rate earning for their deposits which made them after their retirements. Therefore the past government has suggested to offer 12% per annum to Senior Citizens’ who deposits more than Rs. 2.5 Million (25 Lakhs), but the present government has increase the interest rates to 15% per annum and reduce the  minimum amount for senior citizens fixed deposits of Rs. 1 Million to deposits to obtain a higher interest rates.

Highest Fixed Deposits Interest Rate in Sri Lanka from Pan Asian Bank

The Pan Asian Bank offers a great detail for you to delight your interest earning, enjoy unmatched interest rate of 10% for your 5 years fixed deposit.

Period Deposit(Rs.) You Get (Rs.) Nominal Interest A E R
5 Years Rs. 100,000/- Rs. 150,000/- 10.00% 8.44%
3 Years Rs. 100,000/- Rs. 125,000/- 8.34% 7.72%

 

For more details contact to Pan Asian Bank on (011)4 667 222 or see below image

Highest Fixed Deposits Interest Rate in Sri Lanka from Pan Asian Bank
Highest Fixed Deposits Interest Rate in Sri Lanka from Pan Asian Bank