Senior Citizen Fixed Deposit Rates — October 2026
Rates last verified
Find the best FD for a 60+ depositor
Best for LKR 1,000,000 over 12 months (1 year) · market average 10.39% · 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+28,013 vs avg
- 2
SMB Finance PLC
Fixed Deposits · Finance company
12.88%
LKR 1,115,920 at maturity · LKR 115,920 interest+22,433 vs avg
- 3
Softlogic Finance
Fixed Deposits · Finance company
12.88%
LKR 1,115,920 at maturity · LKR 115,920 interest+22,433 vs avg
Depositors aged 60 and over can earn more on dedicated senior citizen fixed deposits. These 20 products from 19 institutions pay a premium on standard rates. Across 20 deposits we track for 12 months (1 year), the top rate is 12.75% p.a. from Fintrex Finance, against a market average of 10.60%. 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. Finance companies lead: Fintrex Finance pays 12.75%, while the best bank, SDB Bank, pays 9.75%.
Best 1Y rate
12.75%
Fintrex Finance
Best bank (1Y)
9.75%
SDB Bank
Market average (1Y)
10.60%
Median 10.34%
Compared
19
institutions · 20 deposits
Top 3 senior citizen deposits for 12 months (1 year)
#1 · Finance company
Fintrex Finance
Senior Citizen Fixed Deposits
12.75%
LKR 1,000,000 → LKR 1,114,750 after AIT (LKR 114,750 interest)
View deposit#2 · Finance company
People's Leasing & Finance
Fixed Deposits Senior Citizen
12.50%
LKR 1,000,000 → LKR 1,112,500 after AIT (LKR 112,500 interest)
View deposit#3 · Finance company
Sarvodaya Development Finance
Senior Citizen Fixed Deposits
12.25%
LKR 1,000,000 → LKR 1,110,250 after AIT (LKR 110,250 interest)
View depositCompare rates and returns
Tenure
20 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 | 12.75% | LKR 114,750 | LKR 1,114,750 | |||
| 2 |  | Finance company | 12.50% | LKR 112,500 | LKR 1,112,500 | ||
| 3 |  | Finance company | 12.25% | LKR 110,250 | LKR 1,110,250 | ||
| 4 |  | Finance company | 12.00% | LKR 108,000 | LKR 1,108,000 | ||
| 5 |  | Finance company | 12.00% | LKR 108,000 | LKR 1,108,000 | ||
| 6 |  | Finance company | 12.00% | LKR 108,000 | LKR 1,108,000 | ||
| 7 |  | Finance company | 11.50% | LKR 103,500 | LKR 1,103,500 | ||
| 8 |  | Finance company | 11.00% | LKR 99,000 | LKR 1,099,000 | ||
| 9 |  | Finance company | 10.50% | LKR 94,500 | LKR 1,094,500 | ||
| 10 |  | Finance company | 10.44% | LKR 93,960 | LKR 1,093,960 |
Best rate at every tenure
Frequently asked questions
Who qualifies for senior citizen FD rates?
Most banks and finance companies offer senior rates to depositors aged 60 or over. You'll need to show your NIC; some institutions also cap the deposit amount that earns the higher rate.
Which institution has the best senior citizen FD rate?
For 12 months, Fintrex Finance pays 12.75% on its Senior Citizen Fixed Deposits. That earns LKR 114,750 on LKR 1,000,000 after AIT.
Do seniors pay tax on FD interest?
10% AIT is withheld by default. Many retirees' total income is below the tax-free threshold — if yours is, submit a self-declaration to the institution so interest is paid in full.
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.