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Fixed Deposit Rates

Current fixed Deposit rates (as at 01st July 2019)

Rates for Normal Customers
Period (Month) Monthly Maturity
Rate AER Rate AER
1 - -   8.00%   8.30%
3   8.25%   8.57%   8.50%   8.78%
6   8.75%   9.11%   9.00%   9.20%
12 10.25% 10.75% 10.75% 10.75%
15 10.25%
10.75% 10.75% 10.61%
18 10.25% 10.75% 10.75% 10.48%
24 11.00%
11.57% 11.50% 10.91%
36 11.50% 12.13% 12.00% 10.79%
48 11.50%
12.13% 12.00% 10.30%
60 12.00% 12.68% 12.50% 10.20%

 

Rates for Senior Citizens
Period (Month) Monthly (P.A) Maturity (P.A)
Rate AER Rate AER
1 -
-   8.00%   8.30%
3   8.25%   8.57%   8.50%   8.78%
6   8.75%   9.11%   9.00%   9.20%
12 10.75% 11.30% 11.25% 11.25%
15 10.75% 11.30% 11.25% 11.10%
18 10.75% 11.30% 11.25% 10.96%
24 11.50% 12.13% 12.00% 11.36%
36 12.00% 12.68% 12.50% 11.20%
48 12.00% 12.68% 12.50%
10.67%
60 12.50% 13.23% 13.00% 10.53%

 

 Savings Account Rates

Savings Accounts Rate
Normal Savings 5.00%
Bonus Savings (25% bonus interest(Interest on Interest) 6.00%
Achara Senior Citizen’s Savings 7.50%
   
Higher Saver Accounts
Account Balance LKR.1000.00 - LKR.9999.00 6.00%
Account Balance LKR.10000.00 - LKR.24999.00 7.00%
Account Balance LKR.25000.00 & above 7.50%
   
Minor’s Savings Account
“Punchi” Minor’s Savings 5.00%
“Punchi Star” Minor’s Savings  6.50%

Merchant Bank of Sri Lanka & Finance PLC © 2019

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