Finance Company Fixed Deposit Rates — October 2026
Rates last verified
Find the best finance company FD for you
Best for LKR 1,000,000 over 12 months (1 year) · market average 11.08% · after 10% AIT
- 1
Richard Pieris Finance
Fixed Deposits and Savings · Finance company
13.50%
LKR 1,121,500 at maturity · LKR 121,500 interest+21,737 vs avg
- 2
SMB Finance PLC
Fixed Deposits · Finance company
12.88%
LKR 1,115,920 at maturity · LKR 115,920 interest+16,157 vs avg
- 3
Softlogic Finance
Fixed Deposits · Finance company
12.88%
LKR 1,115,920 at maturity · LKR 115,920 interest+16,157 vs avg
CBSL-licensed finance companies usually pay higher FD rates than banks to attract deposits. Here are the standard rates from 27 finance companies. Across 29 deposits we track for 12 months (1 year), the top rate is 13.50% p.a. from Richard Pieris Finance, against a market average of 11.08%. The gap between the highest and lowest offer is 5.00 percentage points — on LKR 1,000,000 that is LKR 45,000 more interest after tax, just from choosing where to deposit.
Best 1Y rate
13.50%
Richard Pieris Finance
Best bank (1Y)
—
—
Market average (1Y)
11.08%
Median 11.50%
Compared
27
institutions · 30 deposits
Top 3 deposits for 12 months (1 year)
#1 · Finance company
Richard Pieris Finance
Fixed Deposits and Savings
13.50%
LKR 1,000,000 → LKR 1,121,500 after AIT (LKR 121,500 interest)
View deposit#2 · Finance company
SMB Finance PLC
Fixed Deposits
12.88%
LKR 1,000,000 → LKR 1,115,920 after AIT (LKR 115,920 interest)
View deposit#3 · Finance company
Softlogic Finance
Fixed Deposits
12.88%
LKR 1,000,000 → LKR 1,115,920 after AIT (LKR 115,920 interest)
View depositCompare rates and returns
Tenure
29 deposits for 12 months (1 year). Returns on LKR 1,000,000 shown after 10% AIT. Pick up to 3 to compare side by side.
| Compare | # | Institution & deposit | Type | Rate p.a. | Interest (net) | At maturity | Actions |
|---|---|---|---|---|---|---|---|
| 1 | Finance company | 13.50% | LKR 121,500 | LKR 1,121,500 | |||
| 2 | | Finance company | 12.88% | LKR 115,920 | LKR 1,115,920 | ||
| 3 | | Finance company | 12.88% | LKR 115,920 | LKR 1,115,920 | ||
| 4 |  | Finance company | 12.75% | LKR 114,750 | LKR 1,114,750 | ||
| 5 |  | Finance company | 12.25% | LKR 110,250 | LKR 1,110,250 | ||
| 6 |  | Finance company | 12.13% | LKR 109,170 | LKR 1,109,170 | ||
| 7 |  | Finance company | 12.00% | LKR 108,000 | LKR 1,108,000 | ||
| 8 |  | Finance company | 12.00% | LKR 108,000 | LKR 1,108,000 | ||
| 9 |  | Finance company | 11.75% | LKR 105,750 | LKR 1,105,750 | ||
| 10 |  | Finance company | 11.50% | LKR 103,500 | LKR 1,103,500 |
Best rate at every tenure
Frequently asked questions
Which bank or finance company has the highest FD rate in Sri Lanka right now?
For a 12-month fixed deposit the highest rate we track is 13.50% p.a. from Richard Pieris Finance. Rates change often, so the table above is refreshed from each institution's published rate sheet.
How much interest will LKR 1 million earn in a fixed deposit for one year?
At today's best 12-month rate of 13.50%, LKR 1,000,000 earns LKR 135,000 before tax. After 10% Advance Income Tax is withheld you receive LKR 121,500, so the deposit matures at LKR 1,121,500. At the market average of 11.08% you would receive LKR 99,763 net.
Is tax deducted from fixed deposit interest in Sri Lanka?
Yes. Banks and finance companies withhold 10% Advance Income Tax (AIT) from interest paid to residents. Individuals whose total assessable income is below the tax-free threshold can submit a self-declaration to the institution to have interest paid without the deduction. The table lets you switch between net and gross figures.
Should I choose a short or a long FD tenure?
Longer tenures usually pay more: the average 3-month rate is 9.45% versus 12.01% for 24 months. A longer term locks your rate in if you expect rates to fall, but breaking a deposit early usually means a reduced rate, so only lock away money you won't need.
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.