Interest Rates for Deposit Products (All rates are quoted in per Annum basis)
Rates of Interest on Fixed Deposits, Negotiable Savings Certificates, Non-Transferable Savings Certificate and Certificates of Deposit (CDs)
Fixed / Term Deposit Products
- 7 Days Call Deposits( Minimum Deposit Rs.50,000/- )
| Upto Rs.10M |
9.5% p.a. |
| Above Rs.10M |
10.5% p.a. |
- Fixed Deposits (Minimum deposit Rs. 5,000/-)
| Period |
At Maturity p.a. |
Monthly p.a. |
| 1 Month |
12.00% |
- |
| 3 Months |
13.50% |
- |
| 6 Months |
13.50% |
- |
| 12 Months |
14.00% |
13.00% |
| 24 Months |
15.00%
|
13.00% |
| 36 months |
16.00% |
- |
| 48 months |
17.25% |
- |
| 60 months |
18.50% |
- |
For Minors Fixed Deposits, 0.5% will be added for the rates stated above.
For Parinatha Fixed Deposits introduced for Senior Citizens an additional 1% will be added to the above rates.
- Extended Fixed Deposits 9.0%
- Negotiable Savings Certificates, Non Transferable Savings Certificates & Certificate of Deposits(Renewals Only; Conditions apply) :
| Period |
Proposed % |
| 3 Months |
5.0% Not for CDs |
| 6 Months |
5.25% |
| 12 Months |
6.5% |
| 24 Months |
7.0% |
| 36 to 60 Months |
7.5% Only for CDs |
Savings Products
| Product Name |
Proposed Rate % |
| Jana Jaya |
6.75 |
| Jana Jaya (Minors) |
7.0 |
| Vanitha Vasana |
6.75 |
| Sisu Udana |
|
| Isuru Udana |
|
| Guru Setha |
6.75 |
| ISA |
7.0 |
| ISA (Minors) |
7.0 |
| Vandana |
6.5 |
| Parinatha (1% bonus interest if balance is Rs. 5,000/- and above i.e. 8.0 %) |
7.0 |
| Swarna Prasada |
6.5 |
| All Minors' Savings |
7.0 |
| Samurdhi Savings |
6.75 |
| Savings (Co-op) |
6.75 |
| Suwa Sevana |
6.75 |
| Yes Account (1% above if the balance is Rs. 25,000/- and above) |
6.5 |
| Non-Branded Savings / Three Wheeler Entrepreneurs Savings |
6.0 |
| Extended Savings |
7.0 |
Harvest Special Savings Account (1% bonus interest for the account that maintains a minimum balance of Rs. 10,000/-.)
|
6.5 |
Up Front Values
Up front values in respect of Negotiable Savings Certificates, Non Transferable Savings Certificates and Certificates of Deposits are as follows:
Phase Value |
3 Months |
6 Months |
12 Months |
24 Months |
36 Months |
48 Months |
60 Months |
| Rs. |
5% |
5.25% |
6.5% |
7% |
7.5% |
7.5% |
7.5% |
| 100000 |
98766 |
97443 |
93897 |
87720 |
81633 |
76924 |
72728 |
| 10000 |
9877 |
9745 |
9390 |
8772 |
8164 |
7693 |
7273 |
| 5000 |
4939 |
4873 |
4695 |
4386 |
4082 |
3847 |
3637 |
| 1000 |
988 |
975 |
939 |
878 |
817 |
770 |
728 |
| 500 |
494 |
488 |
470 |
439 |
409 |
385 |
364 |
| 250 |
247 |
244 |
235 |
220 |
204 |
193 |
182 |
| 100 |
99 |
98 |
94 |
88 |
82 |
77 |
73 |
Interest rates for Foreign Currency Deposits
For special rates on large deposits, please contact the Treasury on Tel: 2308756, 2308754, 2308759, 2308764 and 2308765.
Currency |
Rate % p.a. |
| US Dollars (US$) |
3.00 |
| GB Pounds (GBP) |
5.00 |
| Euro (EUR) |
3.50 |
| Swiss Frank (CHF) |
1.00 |
| Japan Yen (JPY) |
0.00 |
| Australian Dollars (AUD) |
5.50 |
| Singapore Dollars (SGD) |
1.00 |
| Canadian Dollars (CAD) |
3.00 |
| |
Interest % |
Period |
USD |
GBP |
EUR |
| 1 month |
3.50 |
5.50 |
4.00 |
| 3 months |
3.50 |
5.25 |
4.25 |
| 6 months |
3.00 |
5.25 |
4.25 |
| 1 Year |
3.00 |
5.25 |
4.25 |
| |
| Ethera Isura Super Deposit |
| |
Current Interest Rate :
-
From USD 25,000 to 74,999 --> 0.90% per annum (will be revised at every 3 months within the 2 year period of the FD opened in this month)
-
From USD 75,000 and above --> 1.15% per annum (will be revised at every 3 months within the 2 year period of the FD opened in this month)
|
| |
Special Features of Ethera Isura Super Deposit
- Minimum Deposit - USD 25,000
- Tenor - Two Years (But, applicable Interest Rate is revised every 3 months based on LIBOR)
- Interest Rate: From USD 25,000 to 74,999 --> LIBOR + 0.25%
From USD 25,000 to 74,999 --> LIBOR + 0.50%
|
| NOTE: Applicable Interest Rate is revised every 3 months based on LIBOR |
| |
| LIBOR: London Inter Bank Offered Rate |
Minor's Fixed Deposits
The rate of interest payable on Minor's Fixed Deposit will be 0.5% above the rates stated above for the respective periods.
Co-operative Sector Fixed Deposits
The above rates are applied to the customers falling within the Co-operative movement i.e. MPCS and other Co-op. Societies.
However these customers may be allowed are slightly higher rate of interest than other customers for their deposits provided such institutions maintain adequate current account balances.
Large Scale Deposits
The rates of interest in case of very large deposits are negotiable.
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