Offers higher and secure returns for your investment.
Click Here To View RatesFeatures & BenefitsFixed Deposit is a secure investment that offers a higher return to you. In a Fixed Deposit, the return is guaranteed regardless of interest rate fluctuations unlike in most of the other form of investments. Hence it is an easy to understand, tried and tested secure investment method which will give you peace of mind.
The Sampath Bank made an announcement as the highest interest rate for 12 Month Fixed Deposit as 14% and 14.5% for Senior Citizens. For more information contact Nearest Sampath Bank or see below advertisment Sampath Bank Fixed Deposit Interest Rate as 14.5%. Trust and assurance of a State Bank Higher interest rates in the market Most flexible customer service for your financial needs Free of charge interest transfer to any party you nominate in any Bank in Sri Lanka Loan facility against fixed deposit - 80% - 90% for 5 years repayment period. Nomination facility for one or more nominees.
Benefits
Interest Payment
Interest will be paid both at maturity or monthly. If you select monthly interest payment option, you are required to provide an account operating under your name.
For deposits less than 1 year, interest could only be earned at maturity.
Placing a Fixed Deposit
Visit any of our Pan Asia Bank branches during its operating hours and produce your identification documents along with a proof of your billing address if it differs from your identification documentation.
Click here to view the current fixed deposit rates
Withdrawals
Withdrawals will be allowed only at maturity upon producing the Fixed Deposit certificate at your account opening branch. Any withdrawals made prior to the maturity will be considered as a premature withdrawal which will be subject to a penalty determined by the bank.
* Terms & Conditions apply
Product features, Interest rates are subject to change from time to time and general business banking conditions will continue to apply. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Trust and assurance of a State Bank |
Higher interest rates in the market |
Most flexible customer service for your financial needs |
Free of charge interest transfer to any party you nominate in any Bank in Sri Lanka |
Loan facility against fixed deposit up to 80%- 90% of deposit value |
Nomination facility for one or more nominees |
Automatic renewal facility |
Ability to collect interest either on monthly basis or annual basis as your preference |
Ability to open and operate FD accounts individually or jointly with spouse or children |
Ability to open and operate FD accounts for short term, medium term or long term as your preference |
Senior citizens who are above 60 year of age |
Minimum deposit amount of Rs. 5,000/= | |||
Deposits can be placed for period of 01, 03, 06, 12, 24, 36 or 60 months. | |||
Interest Payment methods | |||
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Deposits Schemes
Normal FD Scheme with SMIB | FD Scheme with SMIB for senior citizens. (Over 55 years of age) |
Duly filled FD Mandate. |
Know Your Customer form. (KYC) |
A copy of NIC/ valid Passport or Driving License along with original |
Address verification document when address is not confirmed from above |
e.g.:- Utility bill (excluding Mobile Bill) or any other acceptable document by the bank. |
Withholding Tax Declaration (if requested) |
Duly filled FD Mandate. |
Know Your Customer form. (KYC Form) |
A copy of NIC/ valid Passport or Driving License along with original of liable person/s. |
Address verification Document when address is not confirmed from above |
e.g.:- Utility bill (excluding Mobile Bill) or any other acceptable document by the bank. |
Withholding Tax Declaration (if requested). |
A Certified copy of Business Registration & Certificate of Incorporation. |
A Certified Copy of Articles of Associations. |
Copy of resolution of Directors/ Committee regarding the opening of the account and authority for transaction duly certified by Chairman/ president & Secretary. |
Duly filled FD Mandate |
Know Your Customer form. (KYC Form for a parent or the guardian) |
A copy of NIC / valid Pass Port or Driving Licensealong with original of a parent or the guardian |
A copy of Certificate of Birth of the minor along with original |
Address verification Document when address is not confirmed from above |
e.g.:- Utilized bill (excluding Mobile Bill) or any other acceptable document by bank. |
Withholding Tax Declaration (if requested). |
Suggestions
Comments
Withholding tax is payable on interest earned as specified by the Department of Inland Revenue.
For more details contact SMIB Call Centre on 1922 or 011 772 2722 or visit your nearest SMIB branch.
Kapthura
Being the first government bank in Sri Lanka, SMIB provides 100% assurance for your deposits as we practiced for last 84 years while offering competitive interest rates for term deposits prevailing in the market.
Trust and assurance of a State Bank |
Higher interest rates in the market |
Most flexible customer service for your financial needs |
Free of charge interest transfer to any party you nominate in any Bank in Sri Lanka |
Loan facility against fixed deposit - 80% - 90% for 5 years repayment period. |
Nomination facility for one or more nominees |
Automatic renewal facility |
Ability to collect interest either on monthly basis or annual basis as your preference |
Ability to open and operate FD accounts individually or jointly with spouse or children |
Ability to open and operate FD accounts for short term, medium term or long term as your preference |
Sri Lankans over 18 years of age can start individual or joint accounts |
Minors who are below 18 years of age can open a deposit only with a parent or other guardian. |
Legally recognized or incorporated organizations. (E.g.:- Companies, Institutions, Unions, etc.) |
Senior citizens who are above 55 year of age |
Minimum deposit amount of Rs. 5,000/= | |
Deposits can be placed for period of 01, 03, 06, 12, 24, 36 , 48 or 60 months. | |
Interest Payment methods | |
Interest will be paid at maturity for all types of deposits | |
Interest will be paid at monthly only for deposits placed for 12, 24, 36, 48 and 60 months | |
Up front interest is offered for FD (Only for special F.D. schemes as decided by the Bank) |
Kapthura | Piduma |
Normal FD Scheme with SMIB | FD Scheme with SMIB for senior citizens. (Over 55 years of age) |
Individual or Joint Fixed Deposit Holders (Kaptura or Piduma) |
Duly filled FD Mandate. |
Know Your Customer form. (KYC) |
A copy of NIC / valid Passport or Driving License along with original |
Address verification document when address is not confirmed from above |
e.g.:- Utility bill (excluding Mobile Bill) or any other acceptable document by the bank. |
Withholding Tax Declaration (if requested). |
Duly filled FD Mandate. |
Know Your Customer form. (KYC Form) |
A copy of NIC / valid Passport or Driving License along with original of liable person/s. |
Address verification Document when address is not confirmed from above |
e.g.:- Utility bill (excluding Mobile Bill) or any other acceptable document by the bank. |
Withholding Tax Declaration (if requested). |
A Certified copy of Business Registration & Certificate of Incorporation. |
A Certified Copy of Articles of Associations. |
Copy of resolution of Directors/ Committee regarding the opening of the account and authority for transaction duly certified by Chairman/ president & Secretary. |
Duly filled FD Mandate |
Know Your Customer form. (KYC Form for a parent or the guardian) |
A copy of NIC / valid Pass Port or Driving Licensealong with original of a parent or the guardian |
A copy of Certificate of Birth of the minor along with original |
Address verification Document when address is not confirmed from above |
e.g.:- Utilized bill (excluding Mobile Bill) or any other acceptable document by bank. |
Withholding Tax Declaration (if requested). |
Suggestions
Comments
Withholding tax is payable on interest earned as specified by the Department of Inland Revenue.
For more details contact SMIB Call Centre on 1922 or 011 772 2722 or visit your nearest SMIB branch.