SDB bank | Interest Rates in Sri Lanka

Interest Rates in Sri Lanka

තැන්පතු අනුපාත
Product Type Interest Rate (p.a) - w.e.f. 28th June 2024 - To Date
SDB Lakdaru

Below Rs. 5,000 - 2.50%

Above Rs. 5,000 - 4.50%

SDB Business Saver 

Below Rs 5,000: 0.00%

5,000 to 500,000: 3.50%

500,000 to 1,000,000: 5.00%

Rs.1,000,000 to 4,999,999: 5.50%

5 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 Rs 5,000: 0%

Rs 5,000 - Rs 49,999: 3.00%

Rs 50,000 - Rs 99,999: 3.50%

Rs 100,000 – Rs 499,999: 4.00%

Rs 500,000 – Rs 999,999: 5.00%

Rs 1,000,000 – Rs 2,499,999: 5.00%

 

Rs 2,500,000 – Rs 5,000,000: 5.50%

Rs 5,000,000 & 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

 

Less than Rs 24,999: 0.00% 

Rs 25,000 – Rs 99,999: 3.75%

Rs 100,000 - Rs 999,999: 4.00% 

Rs 1,000,000 - Rs 4,999,999: 4.50% 

Rs 5,000,000 - Rs 9,999,999: 5.00% 

Rs 10,000,000 - Rs 24,999,999: 5.50% 

Rs 25,000,000 & Above: 6.00%

SDB Corporate / Co-Operative Top Saver Plus

 

Below Rs 25,000: 0.00% 

Rs 25,000 - Rs 2,499,999: 3.25% 

Rs 2,500,000 - Rs 4,999,999: 3.75% 

Rs 5,000,000 - Rs 9,999,999: 4.25% 

Rs 10 Mn to 50 Mn: 5.50%

Rs 50 Mn & above: 6.00%

SDB Blue-Chip Corporate Top Saver

Rs 100 Mn & Above: 6.15%

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

7.00%

Upay Savings

2.50%

Conditions apply

සාමාන්‍ය ස්ථාවර තැන්පතු අනුපාත
  1 Month 3 Months 6 Months 12 Months 24 Months 36 Months 48 Months 60 Months
Maturity 6.50% 7.50% 7.75% 8.00% 8.50% 9.00% 12.00% 13.00%
AER 6.70% 7.71% 7.90% 8.00% 8.17% 8.29% 10.30% 10.53%
Monthly - - - 7.50% 8.00% 8.50% 8.75% 9.00%
AER - - - 7.76% 8.30% 8.84% 9.11% 9.38%
With effect from 28th June 2024   

 

 

ජ්‍යෙෂ්ට පුරවැසි ස්ථාවර තැන්පතු අනුපාත
 Upahara Rs.10,000 & Above (Age 55 & above)* 1 Month 3 Months 6 Months 12 Months 24 Months 36 Months 48 Months 60 Months
Maturity 6.50% 7.50% 7.75% 8.25% 8.75% 9.25% 12.00% 13.00%
AER 6.70% 7.71% 7.90% 8.25% 8.40% 8.51% 10.30% 10.53%
Monthly - - - 7.75% 8.25% 8.75% 9.00% 9.25%
AER - - - 8.03% 8.57% 9.11% 9.38% 9.65%
 With effect from 28th June 2024.
* Conditions apply

 

ළමා ස්ථාවර තැන්පතු අනුපාත
  12 Months 24 Months 36 Months 48 Months 60 Months
Nominal 8.00% 8.50% 9.00% 12.00% 13.00%
AER 8.00% 8.17% 8.29% 10.30% 10.53%
With effect from 28th June 2024
Lending Rates
Rates of Interest on Advances
Rates will be effective from 16.05.2024
Product Category Interest rate  %  p.a.
Co-operative Sector & Microfinance institutions
(Relending Purpose)
Tenure Fixed Rate Floating Rate
1 Year 14.50% - 15.50% N/A
2 Year 15.00% - 19.00%
3 Year 16.50% - 19.50%
4 Year 17.00% - 20.00%
Co-operative Sector & Microfinance institutions 
(To Society)
Tenure Fixed Rate Floating Rate
1 Year 15.00% - 19.00% 15.00% - 19.00%
2 Year 16.50% - 20.00% 15.25% - 19.50%
3 Year 16.75% - 21.00% 15.50% - 20.00%
4 Year 17.25% - 22.00% 15.75% - 20.50%
5 Year 17.50% - 22.50% 16.00% - 21.00%
Upahara/ Uththamachara Loans
Tenure  Type of Interest Rate  Interest Rate
5 Year Floating 1 year fixed & thereafter floating. 14%
5 Year Up to and including 3 years fixed & thereafter floating. 15%
More than 5 Year Up to and including 3 years fixed & thereafter floating. 16%
Up to 5 year Fixed 17%
Up to 7 year Fixed 18%
Sondurusewana Housing Loan 
Rate Type of Interest Rate Maximum Tenure
15% - 17% 1 Year Fixed Thereafter floating 7 Years
21% 2 Years Fixed Thereafter floating 7 Years
MSME, SME and Business purposes loans
Tenure Fixed Rate Floating Rate
1 Year 15.00% - 21.00% 15.00% - 21.00%
2 Year 15.00% - 21.00% 15.00% - 21.00%
3 Year 15.00% - 21.00% 15.00% - 21.00%
4 Year 16.00% - 22.00% 15.00% - 21.00%
5 Year 17.00% - 23.00% 15.00% - 21.00%
Business plus
Tenure Fixed Rate Floating Rate
1 Year 15.00% - 21.00% 15.00% - 21.00%
2 Year 15.00% - 21.00% 15.00% - 21.00%
3 Year 15.00% - 21.00% 15.00% - 21.00%
4 Year 16.00% - 22.00% 15.00% - 21.00%
5 Year 17.00% - 23.00% 15.00% - 21.00%
More than 5 years - 17.00% - 22.00%

Floating rate will be applied for the loans considered more than 5-year tenure.

Pawning
(No concessions will be granted on the rate of interest on pawning advances)
  15.50% Fixed
Gold Loans   16.50% Fixed
Leasing /HP/Vehicle Loan
Tenure (Years) Commercial Vehicles Three Wheelers Private Vehicles
(Cars, SUVs, Double Cabs)
1 16.00% - 18.50% 20.00% - 22.50% 15.00% - 16.50%
2 16.50% - 19.00% 15.00% - 16.50%
3 17.00% - 19.50% 15.25% - 16.75%
4 17.50% - 20.00% 21.00% - 23.50% 15.25% - 16.75%
5 18.00% - 20.50% 15.50% - 17.00%
Tenure (Years) Passenger Buses Vans Tractor/ Harvesting Machine / Motor Bike
1 19.00% - 21.50% 16.00% - 18.50% 23.00% - 26.00%
2 19.50% - 22.00% 16.50% - 19.00% 23.50% - 26.50%
3 20.00% - 22.50% 17.00% - 19.50% 24.00% - 27.00%
4 20.50% - 23.00% 17.50% - 20.00% 24.50% - 27.50%
5 21.00% - 23.50% 18.00% - 20.50% 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 To The Society % p.a. To End Borrower % p.a.
A. SME Loans    
SAUBHAGYA (The Prosperity Loan Scheme) N/A 6.00% - 9.00%
SAUBHAGYA COVID - 19 N/A  4.00%
SEPI N/A  7.00%
SWASHAKTHI N/A  5.50%
SMILE 111 RF
  • General Loan Scheme
  • Technical Assistance  
N/A  8.00%
5.00%  
  SAPP Loan Scheme
  • 4P Youth
  • RF Youth
  • 4P Agribusiness
  • RF Income Generation
N/A 
6.50%
6.50%
6.50%
6.50%
Kapruka Ayojana Credit Scheme N/A  8.00%
STaRR N/A  6.50%
DAD Pilot Project
(Domestic Agriculture Development Program)
Below Rs.1 Mn
Rs.1 Mn to Rs.25 Mn
N/A 

4.00%
5.00%
SME LoC Project
SME LoC 2022 – SME Loans
SME LoC 2022 – Working Capital Loans
SME LoC 2023 – SME Loans

 

ADB Tea – 2022
ADB Tea -  2023
  • Rs. 500,000/- and below  
  • Rs. 500,000/- and  above
SMELOC 2 – Working Capital Loans
N/A 
8.80%
9.00%
10.00%

 

4.85%

10.68%  
9.68%

8.00%
B. Society Loans N/A   
PAMP RF (Jayatha) 9.00% 12.00%
Loan Pool 12.00% 15.00%
SAPP RF FI Bulk 3.75% 6.50%

Conditions apply
විදේශ විනිමය අනුපාත
Currency Code Currency Buying Rates Selling Rates
AUD AUSTRALIAN DOLLAR 195.31 210.88
EUR EUROPEAN CURRENCY UNIT 316.87 336.71
GBP BRITISH POUND 374.98 398.50
JPY JAPANESE YEN 1.81 1.95
SGD SINGAPORE DOLLAR 216.52 231.35
USD US DOLLAR 297.38 308.05

 

විදේශ විනිමය අනුපාත
Currency Code Currency Buying Rates Selling Rates
AUD AUSTRALIAN DOLLAR 195.31 210.88
EUR EUROPEAN CURRENCY UNIT 316.87 336.71
GBP BRITISH POUND 374.98 398.50
JPY JAPANESE YEN 1.81 1.95
SGD SINGAPORE DOLLAR 216.52 231.35
USD US DOLLAR 297.38 308.05