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.
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.
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
Interest at Maturity
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 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
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
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.
Your child’s first day of school is one of the most important days of their lives. We believe that it is vital to teach them the value of saving, as they embark on their educational journey and look forward to a brighter tomorrow.
This is your opportunity to make a responsible choice for your child’s future by opening a ‘Sisu Udana’ account for them, at the nearest People’s Bank Branch or at the school’s People’s Bank ‘Sisu Udana’ Savings Unit.
For every deposit you make, before 30th June 2015, in an existing ‘Isuru Udana’ or ‘Sisu Udana’ account or newly opened ‘Sisu Udana’ account belonging to your child who will be starting school this year, People’s Bank will reward your child, depositing an equal sum of money (up to Rs. 500/-), into his/her account.
The ‘Sisu Udana’ account is not merely a savings account in which you deposit a minor sum on your child’s first day of school. Continuous savings in this account together with the interest which will be accumulated each month, will transform it into your child’s higher education investment plan when he/she completes primary and secondary education.
People’s Bank extends their warmest wishes to all the little kids starting school this New Year.
Offer valid till 30th June 2015, for more information contact to 0112-481677,0112-481532 or see below image