Highlights

Start saving today with a minimum of Rs. 500,000/-.
Flexible deposit periods for you to select.
Earn a higher rate of interest than normal fixed deposits.

Features

You can open a Fixed Deposit for 100, 200, 300, 400, 500 days.

Minimum Deposit would be Rs. 500,000/-.

Interest will be paid only at maturity.

Eligibility

Personal and non-personal customers, subject to prevailing Bank / Central Bank guidelines.

Interest rates

eFDs placed via ComBank Digital & Flash Digital Bank Account will receive a higher interest rate than the standard interest rate.

	Interest Rate (p.a.)	Annual Effective Rate
100 Days Fixed Deposit	10.00	10.37
200 Days Fixed Deposit	10.50	10.75
300 Days Fixed Deposit	11.00	11.11
400 Days Fixed Deposit	10.50	10.45
500 Days Fixed Deposit	10.50	10.31

Making withdrawals

The agreed interest will be paid at maturity

For premature withdrawals, interest will be paid as detailed below.

Less than 14 days	No interest
Less than 01 month	1% less than savings interest rate
Less than 03 Months	1% less than Call Deposit rate*
Between 03 and 06 Months	1% less than 3 months FD rate*
Between 06 and 12 Months	1% less than 6 months FD rate*
*Note – The applicable rate will be the current rate or the rate prevailing at the time of opening/renewal of the Fixed Deposit, whichever is lower.

Required documents

Account mandate.
Know Your Customer (KYC) form.
National Identity Card/ Valid Driving License/ Valid Passport that carries the NIC number.
Address verification documents (If the address given to the bank is different from the National Identity Card / Driving License.) More info >>

Placing a deposit

A Fixed Deposit can be opened through the ComBank Digital/Flash Digital Bank Account or by visiting any of our branches.

If visiting a branch, submit a duly completed mandate (which can be collected from the branch) along with the other required documents mentioned above. Otherwise, the mandate can be downloaded from the website.

Your deposit is protected under the Sri Lanka Deposit Insurance Scheme

What is the Sri Lanka Deposit Insurance Scheme (SLDIS) ?

The Sri Lanka Deposit Insurance Scheme (SLDIS) was introduced by the Central Bank of Sri Lanka (CBSL) to promote overall financial system stability. It provides a mechanism to protect depositors in the event of a failure of a member financial institution, thereby maintaining depositor confidence and supporting the stability of the financial system. Under SLDIS, insured depositors are compensated up to a specified maximum amount, known as the “coverage.” The current coverage is Rs. 1,100,000 per depositor, per institution.

More Info >>

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.