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 11th October 2017

 

Normal Deposits
Scheme 
(MonthS)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -
2 11.50% 12.07% - -
3 11.75% 12.28% 11.25% 11.68%
6 12.00% 12.36% 11.40% 11.96%
12   12.00% 12.00% 11.65% 12.29%
15   12.50% 12.32% 12.00% 12.70%
18 13.00% 12.61% 12.25% 12.99%
24 13.75% 12.92% 12.50% 13.28%
36 13.75% 12.20% 12.50% 13.29%
48 15.50% 12.82% 12.75% 13.58%
60 15.75% 12.32% 13.00% 13.87%
         
         
         
Senior Citizens deposits  
Scheme 
(Months)
Maturity A.E.R. Monthly A.E.R.
1 11.00% 11.57% - -  
2 11.50% 12.07% - -  
3 12.25% 12.82% 11.75% 12.22%  
6 12.50% 12.89% 11.90% 12.51%  
12 13.00% 13.00% 12.65% 13.41%  
15 13.25% 13.18% 12.75% 13.54%  
18 14.00% 13.55% 13.25% 14.11%  
24 14.75% 13.80% 13.50% 14.41%  
36 14.75% 12.99% 13.50% 14.42%  
48 16.25% 13.34% 13.50% 14.43%  
60 16.50% 12.79% 13.75% 14.72%  
           
           

 

*A. E. R. - Annual Effective Rate

 

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