Savings

 

 

 

  • Fixed Deposits

 

 

People's Leasing & Finance PLC accepts deposits for a fixed period ranging from 3 months 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 1st August 2017

 

Normal Deposits
Scheme 
(MonthS)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -
2 11.50% 12.07% - -
3 12.25% 12.82% 11.25% 11.68%
6 12.50% 12.89% 11.50% 12.07%
12   12.75% 12.75% 11.75% 12.40%
15   13.50% 13.29% 12.50% 13.26%
18 13.50% 13.08% 12.50% 13.27%
24 13.75% 12.92% 12.75% 13.56%
36 13.75% 12.20% 12.75% 13.57%
48 15.00% 12.47% 13.75% 14.72%
60 15.50% 12.16% 14.25% 15.30%
         
         
         
Senior Citizens deposits  
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -
2 11.50% 12.07% - -
3 12.75% 13.37% 11.75% 12.22%
6 13.00% 13.42% 12.00% 12.62%
12 13.75% 13.75% 12.75% 13.52%
15 14.50% 14.25% 13.50% 14.38%
18 14.50% 14.02% 13.50% 14.40%
24 14.75% 13.80% 13.75% 14.70%  
36 14.75% 12.99% 13.75% 14.71%  
48 16.00% 13.16% 14.75% 15.87%  
60 16.50% 12.79% 15.25% 16.45%  
           
           

 

*A. E. R. - Annual Effective Rate

 

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