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