Interest Rates in Sri Lanka

Deposit Rates

Product Type	Interest Rate (p.a) - w.e.f. 05th August 2024 - To Date
SDB Lakdaru	Below Rs. 5,000 - 2.50% Above Rs. 5,000 - 4.50%
SDB Business Saver	Below 5,000: 0.00% 5,000 to below 100,000: 3.00% 100,000 to below 500,000: 3.50% 500,000 to below 1 Mn: 4.00% 1 Mn to below 5 Mn: 4.50% 5 Mn to below 50 Mn: 5.00% 50 Mn & above: 6.00%
SDB Jawaya	Below Rs 1 Mn: 3.00% Rs 1 Mn & Above: 3.25%
SDB Uththamavi	Below Rs 1 Mn: 3.00% Rs 1 Mn & Above: 3.25%
SDB Top Saver Plus	Below 5,000: 0.00% 5,000 to below 100,000: 3.00% 100,000 to below 500,000: 3.50% 500,000 to below 1 Mn: 4.00% 1 Mn to below 5 Mn: 4.50% 5 Mn to below 50 Mn: 5.00% 50 Mn & above: 6.00%
SDB Savings / Investment / New Bhagya Savings	2.50%
SDB Upahara Savings	Less than Rs 1 Mn: 3.00% Rs 1 Mn & Above: 3.25%
SDB Dashaka	Rs 1,000 – Rs 99,999: 3.00% Rs 100,000 – Rs 999,999: 3.25% Rs 1 Mn & Above: 3.50%
SDB Corporate / Co-Operative Top Saver	Below Rs 25,000: 0.00% Rs 25,000 to below Rs 100,000: 3.00% Rs 100,000 to below Rs 500,000: 3.25% Rs 500,000 to below Rs 1Mn: 3.50% Rs 1Mn to below Rs 5Mn: 4.00% Rs 5Mn to below Rs 10Mn: 4.50% Rs 10Mn to below Rs 25Mn: 4.75% Rs 25Mn to below Rs 50Mn: 5.00% Rs 50Mn & below: 6.00%
SDB Corporate / Co-Operative Saver	Below Rs 25,000: 0.00% Rs 25,000 to below Rs 100,000: 3.00% Rs 100,000 to below Rs 500,000: 3.25% Rs 500,000 to below Rs 1Mn: 3.50% Rs 1Mn to below Rs 5Mn: 4.00% Rs 5Mn to below Rs 10Mn: 4.50% Rs 10Mn to below Rs 25Mn: 4.75% Rs 25Mn to below Rs 50Mn: 5.00% Rs 50Mn & below: 6.00%
SDB Sahanya Savings	Rs 5,000 – Rs 99,999: 2.50% Rs 100,000 – Rs 999,999: 3.00% Rs 1 Mn & above: 4.00%
SDB Dayada Investment Plan	5.25%
SDB Uththamavi Investment	5.00%
SDB Ayojana Investment Plan	6.00%
Upay Savings	2.50%
Conditions apply

Normal / Corporate FD (Rs.10,000/- & Above)

	1 Month	3 Months	6 Months	12 Months	24 Months	36 Months	48 Months	60 Months	120 Months
Maturity	5.75%	7.00%	7.25%	7.50%	8.25%	8.50%	10.50%	11.50%	11.75%
AER	5.90%	7.19%	7.38%	7.50%	7.94%	7.87%	9.16%	9.51%	8.08%
Monthly	-	-	-	7.00%	7.50%	7.75%	8.00%	8.50%	9.00%
AER	-	-	-	7.23%	7.76%	8.03%	8.30%	8.84%	9.38%
With effect from 07th October 2025

Senior Citizen FD Rates

Upahara Rs.10,000 & Above (Age 55 & above)*	1 Month	3 Months	6 Months	12 Months	24 Months	36 Months	48 Months	60 Months	120 Months
Maturity	5.75%	7.00%	7.25%	7.75%	8.50%	8.75%	10.75%	11.75%	12.00%
AER	5.90%	7.19%	7.38%	7.75%	8.17%	8.08%	9.35%	9.68%	8.20%
Monthly	-	-	-	7.25%	7.75%	8.00%	8.25%	8.75%	9.25%
AER	-	-	-	7.50%	8.03%	8.30%	8.57%	9.11%	9.65%
*With effect from 07th October 2025*
* Conditions apply

Special Fixed Deposit Scheme for Senior Citizens

Period	Interest Rate
12 Months (Interest payable monthly)	11.36%
Terms and Conditions: The maximum total deposit amount per depositor under this scheme is Rs. 1 Mn (One million Rupees only). The minimum value would be Rs 100,000. (Hundred thousand rupees). Must be a resident Sri Lankan Citizen aged 60 years or above as of the date of the deposit. Deposits maintained by senior citizens under this scheme shall not be automatically renewed (Single Maturity Product)
*With effect from 01st October 2025*
* Conditions apply

Minor FD Rates

	12 Months	24 Months	36 Months	48 Months	60 Months	120 Months
Nominal	7.50%	8.25%	8.50%	10.50%	11.50%	11.75%
AER	7.50%	7.94%	7.87%	9.16%	9.51%	8.08%
*With effect from 07th October 2025*

Lending Rates

Rates of Interest on Advances

Rates will be effective from 07.02.2025

Bench Mark Rate for floating Interest Loans ( SDB Internal Rate ) = 8.44% (Monthly AWPLR + 0% )

Product Category

Interest rate % p.a.

Co-operative Sector & Microfinance institutions
(Relending Purpose)

Tenure	Fixed Rate
1 Year	13.50% - 15.00%
2 Year	14.00% - 16.50%
3 Year	15.00% - 17.00%
4 Year	16.00% - 18.00%

Co-operative Sector & Microfinance institutions
(To Society)

Tenure	Fixed Rate
1 Year	14.00% - 16.50%
2 Year	14.25% - 17.50%
3 Year	15.25% - 18.50%
4 Year	16.25% - 19.50%
5 Year	16.50% - 20.00%

Upahara/ Uththamachara Loans

Tenure	Fixed Rate
03 Years	13.00% - 14.00%
05 Years	14.50% - 16.00%
10 Years	14.50% - 16.25%

Personal Loans for Employees of Government/ and Semi-Government Sector

Tenure	Fixed Rate
03 Years	13.00% - 15.00%
05 Years	14.50% - 17.00%
10 Years	14.50% - 17.25%

Personal Loans for Employees of Private Reputed Companies

Tenure	Fixed Rate
03 Years	14.50% - 15.50%
05 Years	15.50% - 16.50%
07 Years	17.00% - 18.00%

Sondurusewana Housing Loan

Rate	Type of Interest Rate	Maximum Tenure
14.00% - 18.00%	5 Year Fixed Thereafter floating	15 Years

MSME, SME, Revolving, Business Purpose & Business Plus Loans

Tenure	Fixed Rate	Floating Rate
Up to 3 Years	13.00% - 15.00%	13.00% - 15.00%
More than 3 Years up to 5 Years	14.00% - 16.50%	13.00% - 15.00%
More than 05 Years	-	13.00% - 15.00%

Pawning

Pawning - For women who maintain a women's savings account with more than Rs.10,000/- balance (average 6-month balance)

14.00%

13.50%

Gold Loans

Gold Loans - For women who maintain a women's savings account with more than Rs.10,000/- balance (average 6 month balance)

3 Months 6 Months

14.00% 14.00%

13.50% 13.50%

Leasing /HP/Vehicle Loan (Unregistered)

Tenor (Year)	Commercial Vehicle	Private Vehicles (Cars, Vans, SUVs, Double Cabs)	Passenger Bus
1	12.00%	10.00%	12.00%
2	13.00%	11.50%	13.00%
3	13.00%	11.50%	13.00%
4	14.00%	12.00%	14.50%
5	14.00%	12.00%	14.50%

Leasing /HP/Vehicle Loan (Registered)

Tenor (Year)	Commercial Vehicle	Private Vehicles (Cars, Vans, SUVs, Double Cabs)	Three Wheelers	Passenger Bus	Tractor/Harvesting Machine & Machinery	Motor Bikes
1	13.50% - 14.50%	11.50% - 12.50%	20.00% - 22.00%	15.00% - 16.00%	19.00% - 21.00%	23.00% - 26.00%
2	14.50% - 15.50%	12.50% - 13.00%		15.50% - 16.50%	19.00% - 21.00%	23.50% - 26.50%
3	14.50% - 15.50%	12.50% - 13.00%		15.50% - 16.50%	20.00% - 22.00%	24.00% - 27.00%
4	15.50% - 16.50%	13.00% - 13.50%	21.00% - 23.00%	16.00% - 17.00%	20.00% - 22.00%	24.50% - 27.50%
5	15.50% - 16.50%	13.00% - 13.50%	21.00% - 23.00%	16.00% - 17.00%	21.00% - 23.00%	25.00% - 28.00%

Cash Margin Loans

Loan Type	Rate of interest for loans repaid monthly	Rate of interest for loans repaid at maturity
For all loan types	10.0% + <margin> for contract savings	10.0% + <margin> for contract savings
	AER of the FD held + <margin> for FDs less than 12 months & FDs with interest paid monthly	AER of the FD held + <margin> for FDs less than 12 months & FDs with interest paid monthly
	Given FD rate + <margin> for deposits of 12 months and above where interest paid at maturity	Given FD rate + <margin> for deposits of 12 months and above where interest paid at maturity

Margins

Loan Type	Rate of interest for loans repaid monthly	Rate of interest for loans repaid at maturity
Loans to Retail (Individual) customers, businesses and incorporated entities	3.0%	3.5%
Loans to Co-op Societies	2.5%	2.5%

Refinance Scheme	Interest Rate to Customers % p.a. (Fixed)
* SME Refinance Credit Lines
SME LoC 2 Working Capital Refinance Credit Line (ADB)	8.00
E-Friends 11 RF Credit Lines : General Refinance Credit Line Solar Refinance Credit Line Technical Assistance	6.50 6.50 2.00
SMILE 111 RF Refinance Credit Line	8.00
Kapruka Ayojana Refinance Credit Line	8.00
NCRCS Interest Subsidy Scheme	6.00
Supporting MSMES in the NPL Catogary Refinance Credit Line	8.00
Pledge Interest Subsidy Scheme for SME Paddy Millers 2024/2025 Maha Season	7.00
* Society Refinance Credit Lines
PAMP RF Refinance Credit Line	9.00
SMILE 111 RF Refinance Credit Line	8.00
E-Friends 11 RF Credit Lines: General Refinance Credit Line Solar Refinance Credit Line Technical Assistance	6.50 6.50 2.00

Conditions apply

Foreign Currency Exchange Rates

Currency Code	Currency	Buying Rates	Selling Rates
AUD	AUSTRALIAN DOLLAR	195.40	205.01
EUR	EUROPEAN CURRENCY UNIT	343.61	357.17
GBP	BRITISH POUND	392.33	406.17
JPY	JAPANESE YEN	1.88	2.03
SGD	SINGAPORE DOLLAR	225.05	240.47
USD	US DOLLAR	301.00	307.63