Sri Lanka · April 2026 · 22 Institutions

Savings & Fixed Deposit Guide

18 Banks + 4 Finance Companies · Compare Rates · Calculators

🌟 SPOTLIGHT: SANASA DEVELOPMENT BANK (SDB)

SDB offers the highest FD rates among all banks: 12.25% for 5-year, 10.50% for 4-year, 10.00% for 2-year deposits. Senior citizens (Upahara) get an additional +0.25%. Co-operative sector specialist since 1997.

Fixed Deposit Rates Comparison

🏆 BEST RATE — 1 Year

10.50% p.a.

People's Leasing & Finance 🏢

Min Rs.10,000 · Sr +0.5% · ⚠️ Finance Co.

10.50%

LB Finance 🏢

Min Rs.10,000 · Sr +0.5% · ⚠️ Finance Co.

10.00%

HNB Finance 🏢

Min Rs.10,000 · Sr +0.5% · ⚠️ Finance Co.

9.50%

Commercial Leasing & Finance 🏢

Min Rs.10,000 · Sr +0.5% · ⚠️ Finance Co.

9.50%

Pan Asia Bank 🏦

Min Rs.10,000 · Sr +0.5%

8.50%

Commercial Bank 🏦

Min Rs.25,000 · Sr +0.5%

8.00%

Hatton National Bank 🏦

Min Rs.10,000 · Sr +0.5%

8.00%

Sampath Bank 🏦

Min Rs.10,000 · Sr +0.5%

8.00%

Seylan Bank 🏦

Min Rs.10,000 · Sr +0.5%

8.00%

#10

Sanasa Development Bank 🏦

Min Rs.10,000 · Sr +0.25%

8.00%

#11

Nations Trust Bank 🏦

Min Rs.25,000 · Sr +0.5%

8.00%

#12

Bank of Ceylon 🏛️

Min Rs.10,000 · Sr +0.5%

7.75%

#13

NDB Bank 🏦

Min Rs.10,000 · Sr +0.5%

7.75%

#14

DFCC Bank 🏦

Min Rs.10,000 · Sr +0.5%

7.75%

#15

Cargills Bank 🏦

Min Rs.10,000 · Sr +0.5%

7.75%

#16

National Savings Bank 🏛️

Min Rs.1,000 · Sr +0.25%

7.50%

#17

Regional Development Bank 🏛️

Min Rs.5,000 · Sr +0.25%

7.50%

#18

Union Bank 🏦

Min Rs.10,000 · Sr +0.5%

7.50%

#19

HDFC Bank 🏦

Min Rs.5,000 · Sr +0%

7.50%

#20

Amana Bank 🏦

Min Rs.10,000 · Sr +0%

7.25%

#21

People's Bank 🏛️

Min Rs.5,000 · Sr +0.5%

6.75%

Full Rate Table — Key Tenures (Banks Only)

Bank3 Months6 Months1 Year2 Years3 Years5 Years

PABC7.88.08.59.09.39.3

ComBank7.57.88.09.59.09.0

HNB7.37.58.08.89.09.0

Sampath7.37.58.08.58.89.0

Seylan7.37.58.08.89.09.3

SDB7.57.88.010.010.312.3

NTB7.37.58.08.58.89.0

BOC7.07.37.88.38.58.5

NDB7.07.37.88.58.89.0

DFCC7.37.57.88.58.89.0

Cargills7.37.57.88.58.89.0

NSB7.07.37.58.08.38.5

RDB7.07.37.58.08.38.5

Union7.07.37.58.38.58.8

HDFC7.07.37.58.08.38.5

Amana6.87.07.37.88.08.3

Peoples6.56.86.87.57.88.0

Finance Companies — Higher Returns, Higher Risk

⚠️ Finance companies offer higher rates but are NOT government-guaranteed. Covered by SLDILSS up to Rs.1M per depositor. Evaluate risk carefully.

People's Leasing & Finance 🏢 Finance

1 Year: 10.5%2 Years: 11%3 Years: 11.5%5 Years: 12.25%

State-linked finance company. PLC leads with 12.25% on 5yr FD. Higher returns than banks.

LB Finance 🏢 Finance

1 Year: 10%2 Years: 10.5%3 Years: 11%5 Years: 11.5%

Licensed Finance Company. Higher rates but not government-guaranteed. SLDILSS covers up to Rs.1M.

HNB Finance 🏢 Finance

1 Year: 9.5%2 Years: 10%3 Years: 10.5%5 Years: 11%

Subsidiary of HNB. Up to 9.50% for 12M FDs. Moderate risk.

Commercial Leasing & Finance 🏢 Finance

1 Year: 9.5%2 Years: 10.25%3 Years: 10.5%5 Years: 11%

Subsidiary of LOLC. Competitive finance company rates.

Rates as of April 2026 · Always verify with institutions · Not financial advice