“People’s Wealth” is a long-term Fixed Deposit scheme designed to provide customers with a secure and rewarding investment option while supporting the Bank’s objective of building a stable and sustainable deposit base. Tailored for individuals seeking reliable returns over extended periods, the product combines safety with competitive interest rates to enhance overall financial growth.

The scheme is available exclusively for new deposits, with a minimum investment of LKR 250,000, and is open to individuals aged 18 years and above. Customers can select from flexible tenure options ranging from 2 to 5 years, depending on their financial goals.

“People’s Wealth” offers flexibility in interest payments, allowing customers to choose between monthly interest income or interest payable at maturity. With attractive interest rates across all tenures, the product is structured to maximize returns while encouraging long-term investment commitments.

Premature withdrawals are permitted in accordance with the Bank’s existing policies, ensuring transparency and consistency in treatment.

Overall, “People’s Wealth” is designed to strengthen customer confidence, promote disciplined savings habits, and build lasting banking relationships, while contributing positively to the Bank’s long-term funding strategy.

Our term deposits for senior citizens offer unparalleled rewards at retirement age. It enables you to enjoy this time of life to the maximum and if required, will assist you in starting your own venture. Let your hard-earned savings work even harder for you so that you can do what you always wanted to do.

If you want to deposit your funds in a fixed term deposit that attract superior returns in a specific period of time, People’s Bank term deposits are the ideal solution maturity terms of deposits range from 1 month, 3 months, 06 months, 12 months, 24 months, 36 months, 48 months & 60 months. If you are a Sri Lankan over 18 years of age, you can open an individual or joint term deposit with a minimum deposit of Rs. 5,000/-