NDB Loan for Solar Energy – Interest rate of 8% upto 10 Years

NDB Bank brought you a NDB Rooftop Solar Loan to empower your home and business. The best investment that will zero your electricity bill while generating an income.

Fixed interest rate of 8% up to 10 year repayment period

Key Features:

  • Quick and hassle free service
  • Flexibility to make early and/or partial settlements for a nominal charge
  • The equipment is from a reputed and a Sri Lanka Sustainable Energy Authority (SLSEA) recommended supplier.
  • Free on-site feasibility studies and advisory services from the service providers
  • Financing from Rs. 500,000/- to Rs. 4,500,000/-
  • No security needed
  • Up to 75% of the total cost

 

Who can apply?

  • Resident Sri Lankan Citizens
  • Sri Lankans working abroad with a valid Work Permit, salaried employees, self-employed and professionals
  • Co Applicant Status – Can jointly apply with the spouse of the Primary Applicant

Pre-Requisites:

The premises on which the solar energy system is to be installed should be owned either by the applicant, spouse, child or the parent of the applicant.

 

Age Criteria:

18 to 65 years

What you’ll need:

  • Identification documents – NIC, Valid Passport or Driver’s Licence
  • Letter from employer confirming the employment details
  • Latest certified pay slip
  • Last 3 Months Electricity Bills
  • Original invoice from the chosen supplier
  • Copy of the last deed (only to prove ownership)

For more details contact to NDB Bank on 011 244 8888 or see below image

NDB Loan for Solar Energy – Interest rate of 8% upto 10 Years

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

Interest Free Loan for women Entrepreneurs in Sri Lanka – Budget Proposal 2014

Women form an integral part of our society, driving its success and sustenance. In view of the undeniably essential role that they play, empowering them with the means to succeed in their efforts is vital. It is indeed heartening to see women realise their true potential through the initiatives of the Government.

An interest free loan facility solely for the women of our nation able to triumph over challenges and propel the development of our country in appreciation of her invaluable contribution and to uplift her entrepreneurship that drives a nation’s success

The Regional Development Bank is dedicated to support women entrepreneurs Further information can be obtained from the nearest Regional Development Bank 011 2035454 or visit www.rdb.lk

Or see below image

Interest Free Loan for women Entrepreneurs in Sri Lanka – Budget Proposal 2014
Interest Free Loan for women Entrepreneurs in Sri Lanka – Budget Proposal 2014