Seylan Bank offers super interest rates with more benefits for fixed deposits

Tuesday, 11 December 2012 00:00 - - {{hitsCtrl.values.hits}}

Seylan Bank, truly exemplifying their motto the ‘Bank With A Heart’, takes immense pleasure in increasing their fixed deposit rate with more benefits. The enhancement has been given to maximise the benefit to customers who wish to invest their hard earned funds and enjoy decent returns.

For this purpose, customers can now invest their savings in a fixed deposit at an interest rate of 13% p.a. (one month), 14.5% p.a. (three months) and 15.5% p.a. (six and 12 months) or alternatively make investments for periods of two years (15% p.a.), three years (15% p.a.), four years (15% p.a.) or even stretch the investment up to a period of five years (16% p.a.).

Seylan Bank has identified the requirement of the senior citizens (over 55 years old) and offers 1% p.a. additional interest rate over and above the normal rate for all the fixed deposits at maturity and as well as interest paid monthly.(The additional rate has been incorporated in the rates stated above)

Seylan Bank further extends its services to customers who invest in a four or five year fixed deposit by rewarding them with free vouchers in the first year of investment, to the value of 0.1% of the deposit, to pay utility bills (water, electricity and telephone) in order to provide some relief towards the high cost of living.

Furthermore, an instant loan of upto 90% of the fixed deposit or a Seylan credit card could be obtained at any given time. Seylan Bank offers 0.5% additional interest rate for NRFC and RFC accounts of senior citizens for saving in foreign currencies.

The customers are offered banking services from Seylan’s island-wide network of branches and banking centers during weekdays with extended banking hours and during weekends (Saturday or Sunday) till 12 noon.

Other convenient banking services such as internet and SMS banking facilities are also offered free of charge.