Offering the highest interest rates to the corporate sector, the SDB Corporate Top Saver account has become the ideal savings account for enterprising and fast progressing businesses in Sri Lanka. Rates apply from 23rd March 2022.
Account Balance
Rs. 25,000 - Rs. 2.5 MnInterest Rate (p.a.)
3.25%Account Balance
Rs. 2.5 Mn - Rs. 5 MnInterest Rate (p.a.)
3.75%Account Balance
Rs. 5 Mn - Rs. 10 MnInterest Rate (p.a.)
4.25%Account Balance
Rs. 10 million and aboveInterest Rate (p.a.)
6.00%Account Balance
Rs. 100 million and aboveInterest Rate (p.a.)
6.15%
FEATURES AND BENEFITS
- Highest interest rate of up to 5.15% for savings
- Interest calculated on daily basis based on the day-end balances and credited monthly
- Loan facilities against savings balances with ability to avail up to 80% of the deposit for a 1 year loan renewal period at 14% interest rate
Eligibility
- A minimum initial deposit of Rs. 25,000/=
- SANASA Societies
- Multi-purpose Co-operative Societies and other Co-operative Societies
- Welfare and death donation societies
- Companies registered under Companies Act of Sri Lanka
- Non-governmental organizations
- Any other institutions acceptable to the bank
Required Documentation
SANASA Society / Union / MPCS / Other Society
- Duly filled account opening mandate
- Certified copy of Registration Certificate of Society
- Certified copy of a Memorandum and Articles of Society
- Certified copy of a resolution of the Board of Directors
- Society declaration form
- Signature Card
Limited Liability Companies
- Duly filled account opening mandate
- Certificate of Incorporation (For inspection and return)
- Copy of the Memorandum and Articles of Association (Duly certified by the Chairman and Secretary)
- Certified copy of a resolution of the Board of Directors (Overleaf)
- List of Directors certified by the Registrar of Companies on Form 48
- Certified copy certification to commence business (If a public company)
- Duly completed and witnessed signatures card of the Directors
- No. 12. Edmonton Road
Kirulapone
Colombo 06
Sri Lanka. - 011 5411 411