Union Bank Fixed Deposit Rates — October 2026
Private bank
Rates last verified
Union Bank publishes 2 fixed deposit products covering 8 tenures. Below are its current rates, how each one ranks against the 65 standard deposits we track, and what LKR 1,000,000 earns after tax. View the Union Bank profile.
What Union Bank pays you — and how it compares
Fixed Deposits · 12 months (1 year)
9.00%
LKR 1,081,000 at maturity · LKR 81,000 interest after AIT
Ranks #38 of 44 institutions. The best, Richard Pieris Finance at 13.50%, would pay LKR 40,500 more. Market average: 10.31%.
How it ranks in the market
1 month
8.00%
#17 of 51 · +0.11 vs avg
3 months
9.00%
#18 of 49 · +0.04 vs avg
6 months
9.50%
#26 of 51 · +0.01 vs avg
12 months (1 year)
9.00%
#44 of 54 · -1.31 vs avg
24 months (2 years)
11.50%
#21 of 52 · +0.28 vs avg
36 months (3 years)
11.75%
#23 of 51 · +0.10 vs avg
48 months (4 years)
12.00%
#25 of 50 · -0.07 vs avg
60 months (5 years)
13.50%
#20 of 50 · +0.37 vs avg
Similar institutions paying more for 12 months (1 year)
Personal Foreign Currency Account (PFCA)
Foreign currency
| Tenure | Rate p.a. |
|---|---|
| 1 month | 3.50% |
| 3 months | 4.00% |
| 6 months | 4.50% |
| 12 months | 4.75% |
- You can earn a higher interest for your foreign currency deposits depending on the tenor
Fixed Deposits
Standard deposit
| Tenure | Rate p.a. | LKR 1M at maturity (after AIT) |
|---|---|---|
| 1 month | 8.00% | LKR 1,006,000 |
| 3 months | 9.00% | LKR 1,020,250 |
| 6 months | 9.50% | LKR 1,042,750 |
| 12 months | 9.00% | LKR 1,081,000 |
| 24 months | 11.50% | LKR 1,207,000 |
| 36 months | 11.75% | LKR 1,317,250 |
| 48 months | 12.00% | LKR 1,432,000 |
| 60 months | 13.50% | LKR 1,607,500 |
- All FDs are provided with an attractive interest rate
- Union Bank offers fixed deposits from 1 – 60 months period with attractive interest rates to make your money grow.
Frequently asked questions
What is the highest FD rate at Union Bank?
Union Bank's highest published rate is 13.50% p.a. for 60 months on its Fixed Deposits.
How does Union Bank's 1-year FD rate compare?
Union Bank pays up to 9.00% for 12 months, below the market average of 10.31%; the best 12-month rate anywhere is 13.50% at Richard Pieris Finance.
How many fixed deposit products does Union Bank offer?
We list 2 fixed deposit products from Union Bank: Personal Foreign Currency Account (PFCA), Fixed Deposits.
Rates are indicative, collected from each institution's published rate sheet, and can change without notice. Returns assume simple interest paid at maturity with 10% AIT withheld. Anybanq is a comparison service, not a bank, and this is not financial advice — confirm the final rate and terms with the institution.