Features & Benefits
- It is a fixed investment for 3months to 60months.
- Loans can be taken against the deposit to a certain percentage.
- Fixed interest rate for the period as agreed.
- Senior Citizens are offered 1% additional interest rate.
Sarvodaya Development Finance Limited accepts deposits from Sri Lankans over the age of 18, to open a Fixed Deposit Account with a minimum amount of Rs. 5,000/-.
Each deposit is made for a specific period of time, in terms of months or years and gives a higher yield than regular savings accounts, depending on the tenure. Interest is paid either monthly or at maturity.
- Minimum deposit Rs.5000/-
- Any citizen of Sri Lanka
- The completed mandate and the signature/s of the depositors
- NIC/s of the depositor/s
- KYC of the depositor/s