CLC Fixed Deposits offer a wide range of benefits to facilitate high returns and convenience for senior citizens.
Features & Benefits :
- Minimum deposit of LKR 5,000
- Wide range of tenures ranging from 1 to 60 months to suit your investment plan
- Attractive interest rates
- Available addition of joint depositors
- Dedicated customer service representatives at your doorstep
- Earning of interest on monthly, annual and maturity basis.
- Obtain a loan of up to 90% of the FD value, with less time and documentation.
- Obtain Letter of Guarantee
- Remittance of interest to CLC Savings Account or any other financial institution without cost
- Notification of FD interest via SMS, email or post on request.
(Depositors who are 60 years of age or over on the date of deposit)
|
Period
|
Monthly
|
Annually
|
Maturity
|
| Months |
Simple |
AER |
Simple |
AER |
Simple |
AER |
| 1 |
|
|
|
|
18.50% |
20.15% |
| 3 |
18.50% |
20.15% |
|
|
20.00% |
21.55% |
| 6 |
19.00% |
20.75% |
|
|
20.50% |
21.55% |
| 12 |
20.25% |
22.24% |
22.00% |
22.00% |
22.00% |
22.00% |
| 13 |
20.25% |
22.24% |
|
|
22.00% |
21.81% |
| 18 |
20.25% |
22.24% |
|
|
22.00% |
20.94% |
| 24 |
20.50% |
22.54% |
22.50% |
22.50% |
22.50% |
20.42% |
| 36 |
20.50% |
22.54% |
22.50% |
22.50% |
22.50% |
18.76% |
| 48 |
20.50% |
22.54% |
22.50% |
22.50% |
22.50% |
17.41% |
| 60 |
20.50% |
22.54% |
22.50% |
22.50% |
22.50% |
16.27% |
Special Note:
- To accommodate Senior Citizen rates, a customer should be above age of 60 years at the time of accepting or renewing the FD.
- No Unfixed option or product available and existing Unfixed FDs should renew under General or Senior Citizen category.
- FD monthly interest rates A.E.R cannot exceed the given CBSL cap rates.
- We have already entered Ceiling rates in the system for all deposits. Hence no additional special rates can be offered.
