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 1st May 2018

 

Normal Deposits
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 10.75% 11.30% - -
2 11.00% 11.52% - -
3 11.25% 11.73% 10.75% 11.14%
6 11.75% 12.10% 11.25% 11.79%
12   12.00% 12.00% 11.50% 12.13%
15   12.25% 12.07% 11.75% 12.40%
18 12.25% 11.90% 12.00% 12.68%
24 12.50% 11.80% 12.25% 12.96%
36 12.75% 11.40% 12.50% 13.24%
48 14.00% 11.76% 12.75% 13.52%
60 14.25% 11.36% 13.00% 13.80%
         
         
         
Senior Citizens Deposits  
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 10.75% 11.30% - -  
2 11.00% 11.52% - -  
3 11.75% 12.28% 11.25% 11.68%  
6 12.25% 12.63% 11.75% 12.34%  
12 12.75% 12.75% 12.25% 12.96%  
15 13.00% 12.93% 12.50% 13.24%  
18 13.00% 12.61% 12.75% 13.52%  
24 13.25% 12.47% 13.00% 13.80%  
36 13.50% 12.00% 13.25% 14.09%  
48 14.75% 12.29% 13.50% 14.37%  
60 15.00% 11.84% 13.75% 14.65%  
           
           

 

*A. E. R. - Annual Effective Rate

 

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