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Fixed Deposits

Create wealth and
realise dreams

Placing a Fixed Deposit with Commercial Bank will fetch you one of the most attractive rates-of-interest in the market.


The Essentials

  • Select a plan of your choice and receive interests monthly, quarterly, biannually, annually or at maturity

  • Get up to 90% of the deposit as a cash advance 

  • The best way to earn a higher interest rate for your funds



Benefits of a Fixed Deposit

You can earn a higher rate of interest.

You can request the Bank to renew your deposit at maturity with interest earned added to the capital or renew just the capital.

Ability to place Fixed Deposits via Online Banking - If you are already registered for our Online Banking facility, now you can place  Fixed Deposits online from where ever you are at a time convenient to you by directly debiting your account


Cash Advances

You can receive up to 90% of your Fixed Deposit as a cash advance

The cash advance amount can be withdrawn any time through your debit Card from ATMs located islandwide

This special facility is offered for Fixed deposits with a value of Rs 100,000/- or above and a deposit period of over 1 year.

The interest rate of the Fixed deposit will remain unaffected until the deposit maturity.


Interest payment

You can earn interest monthly or at maturity, when you place a Fixed Deposit for 01 to 05 years.

If you place a Fixed Deposit for a period of 1 month to 6 months, interest will be paid only upon maturity.

On 02 year deposits interest could be paid monthly, annually or at maturity.

On 03 to 05 year Fixed Deposits, interest can be earned monthly, quarterly, bi-annually, annually or at maturity.


Placing a Fixed Deposit

You can visit a branch of your choice and discuss your requirement with an officer of the branch. You may also Download application form and submit the filled form to any Commercial Bank branch.  

Interest rates applicable for Fixed Deposits can be viewed from the rates and tariffs page of this site.

Please fill the application form which can be downloaded from the link given below and hand it over at the branch. Remember to take your national identity card, driving license or passport. This is necessary for us to identify you.



Withdrawals will be allowed only after the agreed period of the Fixed Deposit.


Terms & Conditions - Fixed Deposits >>  


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.

Interest Rates

Interest Rate ( p.a.) Annual Percentage Rate
1 Month (LKR) 3.000 3.040
2 Months (LKR) 3.000 3.040
3 Months (LKR) 3.250 3.290
6 Months (LKR) 3.500 3.530
12 Months -Interest paid monthly (LKR) 4.400 4.490
12 Months -Interest at maturity (LKR) 4.500 4.500
24 Months -Interest paid monthly (LKR) 4.700 4.800
24 Months -Interest paid annually (LKR) 4.800 4.800
24 Months -Interest at maturity (LKR) 4.950 4.830
36 Months -Interest paid monthly (LKR) 5.050 5.170
36 Months -Interest paid annually (LKR) 5.150 5.150
36 Months -Interest at maturity (LKR) 5.400 5.130
48 Months -Interest paid monthly (LKR) 5.300 5.430
48 Months -Interest paid annually (LKR) 5.450 5.450
48 Months -Interest at maturity (LKR) 5.950 5.480
60 Months -Interest paid monthly (LKR) 5.450 5.590
60 Months -Interest paid annually (LKR) 5.600 5.600
60 Months -Interest at maturity (LKR) 6.250 5.590

Place a deposit

Who can place a deposit

If you are a resident of Sri Lanka over the age of 18 years, you can place a Deposit.

What you need to bring 

National Identity Card, Driving License or Passport.

How to apply

Download application form and submit the filled form to any Commercial Bank branch.

Apply now