Savings

 

 

 

  • Fixed Deposits

 

 

People's Leasing & Finance PLC accepts deposits for a fixed period ranging from 1 month to 5 years on fixed interest rate. Interest is payable on monthly or at maturity and withholding tax subject to declaration. Deposit holder should be a Sri Lankan Citizen or Residence visa holder over 18 years old


Current Interest Rates for Fixed Deposits & Savings with effect from 22nd October 2018.

 

Normal Deposits
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -
2 11.25% 11.79% - -
3 12.46% 13.05% 10.25% 10.60%
6 12.46% 12.85% 10.75% 11.24%
12   12.46% 12.46% 11.50% 12.13%
15   13.40% 13.19% 11.75% 12.40%
18 13.40% 12.99% 11.75% 12.40%
24 13.40% 12.61% 11.75% 12.40%
36 13.40% 11.92% 12.00% 12.68%
48 14.25% 11.94% 12.00% 12.68%
60 14.75% 11.68% 12.00% 12.68%
         
         
         
Senior Citizens Deposits  
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -  
2 11.25% 11.79% - -  
3 12.96% 13.60% 10.75% 11.14%  
6 12.96% 13.38% 11.25% 11.79%  
12 12.96% 12.96% 12.50% 13.24%  
15 13.90% 13.82% 12.50% 13.24%  
18 13.90% 13.46% 12.50% 13.24%  
24 13.90% 13.05% 12.50% 13.24%  
36 13.90% 12.32% 12.75% 13.52%  
48 15.00% 12.47% 12.75% 13.52%  
60 15.50% 12.16% 12.75% 13.52%  
           
           

 

*A. E. R. - Annual Effective Rate

 

The above rates are indicative and are subject to change, from time to time, based on market conditions.