Fixed Deposits Senior Citizen


Up to 0.5% p.a additional interest for our most respected Senior Citizens.

People’s Leasing & Finance PLC as the largest Non-Banking Financial Institutions (NBFI) in Sri Lanka in terms of assets base with the credit rating of ‘‘A+‘‘ (lka) by Fitch Ratings Lanka Limited. The company has been registered by the Monetary Board of the Central Bank of Sri Lanka under the finance business Act no. 42 of 2011.

Eligible deposit liabilities are insured with the Sri Lanka deposit insurance scheme, implemented by the monetary board, for compensation up to a maximum of Rs.1,100, 000/- per depositor.


Main Benefits

  • Self-e-cash: The innovative concept of bundling Fixed Deposits and loan facilities obtainable anywhere, anytime at any frequency at your convenience
  • Fixed Deposit certificate can be collected then and there for cash Deposits and for cheques on realizations.
  • Quick refunds on maturity and superior customer service.
  • Very competitive rates.
  • Monthly interest can be transferred to PLC savings account. Enjoy interest of 4.5% p.a.
  • Operate your account at your leisure, anytime, anywhere through the PLC APP

Senior Citizen Fixed Deposit

Period Maturity A.E.R Monthly A.E.R
1 Month 18.50% 20.15%  –  –
2 Months 18.50% 19.98%  –  –
3 Months 19.50% 20.97% 18.50% 20.15%
100 Days 25.00% 27.35%  –  –
6 Months 20.00% 21.00% 18.75% 20.44%
300 Days 25.50% 26.04%  –  –
12 Months 21.25% 21.25% 19.50% 21.34%
13 Months 20.50% 20.33% 19.50% 21.34%
15 Months 21.25% 20.73% 19.50% 21.34%
18 Months 21.25% 20.25% 19.50% 21.34%
24 Months 21.50% 19.58% 17.00% 18.38%
26 Months 21.50% 19.30% 16.50% 17.80%
36 Months 21.00% 17.68% 16.50% 17.80%
48 Months 21.00% 16.46% 16.00% 17.22%
60 Months 21.00% 15.43% 15.50% 16.64%

A.E.R – Annual Effective Rate
Minimum deposit amount for maturity is Rs. 10,000/= & for monthly interest is Rs. 100,000/=
For joint deposits both the deposit holders must be senior for this entitlement.
With effect from 08th February 2023
* Please note that above rates are subject to changes without prior notice