New Fixed Deposit Scheme, introduced under below categories enabling customers to invest their funds at an attractive rate of interest,
Eligibility
- Sri Lankan Residents in the age of 18 years or above
- Sri Lankan Non-Resident Migrant Employees
- Non-Personal Organizations incorporated in Sri Lanka
Features
2 Year Prosperity Deposit
Period | 2- Year | |
|---|---|---|
| Minimum Deposit | Rs 250,000/- | |
| Interest Payment | Monthly Interest Payment | Interest paid at maturity |
| Nominal Rate | 8.40% p.a. (AER 8.73%) | 9.5%o p.a. (AER 9.09%) |
| Interest Payment | Transfer to CASA | Capitalized or Transfer to CASA |
3 Year Prosperity Deposit
Period | 3- Year | |
|---|---|---|
| Minimum Deposit | Rs 250,000/- | |
| Interest Payment | Monthly Interest Payment | Interest paid at maturity |
| Nominal Rate | 8.60% p.a. (AER 8.95%) | 10.00% p.a. (AER 9.14%) |
| Interest Payment | Transfer to CASA | Capitalized or Transfer to CASA |
5 Year Prosperity Deposit
Period | 5- Year | ||
|---|---|---|---|
| Minimum | Rs 250,000/- | ||
| Interest Payment | Monthly Interest Payment | Annual Interest payment | Interest paid at maturity |
| Nominal Rate | 8.75% p.a. (AER 9.11%) | 9.00% p.a. (AER 9.00%) | 11.00% p.a. (AER 9.16%) |
| Interest Payment | Transfer to CASA | Transfer to CASA | Capitalized or Transfer to CASA |
7 Year Prosperity Deposit
Period | 7- Year | ||
|---|---|---|---|
| Minimum | Rs 1,000,000/- | ||
| Interest Payment | Monthly Interest Payment | Annual Interest payment (New) | Interest paid at maturity |
| Nominal Rate | 8.80% p.a. (AER 9.16%) | 9.00% p.a. (AER 9.00%) | 11.50% p.a. (AER 8.80%) |
| Interest Payment | Transfer to CASA | Transfer to CASA | Capitalized or Transfer to CASA |
- Account inquiry facility via Internet Banking and Smart Passbook
- SMS Notification at account opening
- E-Statements
- Automatic Renewal
- Advances (Loans/ Overdrafts/ Off-Balance sheet Advances) against the Deposit: Allowed up to 85% of the fixed deposit amount.
Conditions:-
a) Capital and interest shall be serviced monthly
b) Interest Rate: 3% above the applicable nominal interest rate of the Fixed Deposit - Can be opened only in Sri Lankan Rupee.
- Joint Accounts are permitted with parties under the same category of Resident or Non-Resident.
-Sri Lankan residents are not eligible to open and maintain joint accounts with Sri Lankan Non-residents or vice versa.
-Non-residents, the account shall be opened with remittances received via permitted source accounts.
Open a Prosperity Deposit today and enjoy secure investments with attractive returns!
