Fixed Deposits Senior Citizen

Enhanced Fixed Deposits for Respected Senior Citizens
 

We honor and value our esteemed senior citizens by offering an exclusive opportunity to earn even more from their fixed deposits – up to an additional 0.5% p.a. in interest. Elevate your savings journey with the perfect blend of security, stability, and increased returns.

As the premier Non-Banking Financial Institution (NBFI) in Sri Lanka, Ceylon Union Bank stands as a stalwart with the largest asset base, holding an A – (lka) credit rating (Rating Watch negative) bestowed by Fitch Ratings Lanka Limited. Recognized and registered by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act no. 42 of 2011, our commitment to your financial well-being is unwavering.

 
Protected Deposits with Added Assurance
 

Rest easy knowing your eligible deposit liabilities are fortified by the Sri Lanka Deposit Insurance Scheme, an initiative spearheaded by the Monetary Board. This scheme ensures compensation of up to a maximum of Rs.1,100,000/- per depositor, underscoring our dedication to your financial security.

Key Advantages

 
  • Self-e-cash: Our innovative concept seamlessly combines Fixed Deposits and loan facilities, granting you the flexibility to access funds anywhere, anytime, and as frequently as needed.
  • Instant Certificates: Obtain your Fixed Deposit certificates immediately for both cash deposits and cheques upon realization.
  • Efficient Returns: Experience hassle-free refunds upon maturity, complemented by superior customer service.
  • Competitive Rates: Enjoy highly competitive interest rates that amplify the potential of your savings.
  • Monthly Interest Transfer: Seamlessly transfer your monthly interest to your savings account, featuring an attractive interest rate of 4.5% p.a.
 

Manage Anytime, Anywhere: Take full control of your account at your convenience through the user-friendly APP.

Senior Citizen Fixed Deposit

(A.E.R – Annual Effective Rate)

Minimum Deposit Requirements
 
  • For maturity: Rs.10,000/=
  • For monthly interest: Rs.100,000/=

Joint Deposits: Both deposit holders must be senior citizens to avail of this entitlement.

Effective from 17th July 2023, please note that the rates mentioned above are subject to change without prior notice. Experience the pinnacle of secure savings coupled with elevated returns. Elevate your savings journey with Ceylon Union bank today.

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