Free tool
Fixed Deposit Calculator
Work out what a fixed deposit really pays. Enter the amount, the bank's annual rate and the term to see gross interest, the 10% Advance Income Tax the bank withholds, and what lands in your account — at maturity or as monthly income. Below, the same amount is run against today's published rates at every bank and licensed finance company we track, so you can see who pays the most.
FD maturity calculator
Sri Lankan fixed deposits pay simple interest: the rate × the term, paid with your capital at the end.
Gross interest
LKR 100,000
AIT deducted (10%)
− LKR 10,000
Net interest
LKR 90,000
You receive
LKR 1,090,000
Effective after-tax yield: 9.00% p.a.
What if — LKR 1,000,000 for 12 months at today's 12-month rates
Best bank
12.00% → LKR 108,000
Cargills Bank · +LKR 18,000 vs yours
Best finance company
13.50% → LKR 121,500
Richard Pieris Finance · +LKR 31,500 vs yours
Market average
10.31% → LKR 92,788
+LKR 2,788 vs yours
Net of AIT. Interest at maturity, standard (non-senior) rates. See every rate →
This is an estimate, not a quoted rate. We are not a bank and do not take deposits — your deposit is placed with the bank or finance company, on its terms.
Estimates only. Net figures deduct the 10% Advance Income Tax banks withhold from interest paid to residents. Confirm the rate and terms with the institution before depositing.
Compare your return at every bank and finance company
Enter one amount and tenure to see what each institution would pay, using today's published rates.
On LKR 500,000 for 12 months, the best rate earns LKR 30,375 more after tax than the lowest in this list.
| # | Institution | Rate p.a. | Net interest | AIT | You receive |
|---|---|---|---|---|---|
| 1 | 13.50% | LKR 60,750 | LKR 6,750 | LKR 560,750 | |
| 2 |  SMB Finance PLC Fixed Deposits · Finance company | 12.88% | LKR 57,960 | LKR 6,440 | LKR 557,960 |
| 3 |  Softlogic Finance Fixed Deposits · Finance company | 12.88% | LKR 57,960 | LKR 6,440 | LKR 557,960 |
| 4 |  Commercial Credit Finance Fixed Deposit · Finance company | 12.75% | LKR 57,375 | LKR 6,375 | LKR 557,375 |
| 5 |  Fintrex Finance Fixed Deposits · Finance company | 12.25% | LKR 55,125 | LKR 6,125 | LKR 555,125 |
| 6 |  LCB Finance LCB Fixed Deposits · Finance company | 12.13% | LKR 54,585 | LKR 6,065 | LKR 554,585 |
| 7 |  Assetline Finance Fixed Deposits · Finance company | 12.00% | LKR 54,000 | LKR 6,000 | LKR 554,000 |
| 8 |  Cargills Bank Wishrama Fixed Deposits · Private bank | 12.00% | LKR 54,000 | LKR 6,000 | LKR 554,000 |
| 9 |  People's Leasing & Finance Fixed Deposits · Finance company | 12.00% | LKR 54,000 | LKR 6,000 | LKR 554,000 |
| 10 |  Sarvodaya Development Finance Fixed Deposits · Finance company | 11.75% | LKR 52,875 | LKR 5,875 | LKR 552,875 |
| 11 |  Central Finance CF Term · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 12 |  Dialog Finance Fixed Deposits · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 13 |  HNB Finance Fixed Deposits · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 14 |  LB Finance Fixed Deposits · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 15 |  MBSL Finance Fixed Deposits · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 16 |  Vallibel Finance Fixed Deposits · Finance company | 11.50% | LKR 51,750 | LKR 5,750 | LKR 551,750 |
| 17 |  NDB Bank Special Deposit Account · Private bank | 11.00% | LKR 49,500 | LKR 5,500 | LKR 549,500 |
| 18 |  SDB Bank Fixed Deposit · Private bank | 11.00% | LKR 49,500 | LKR 5,500 | LKR 549,500 |
| 19 |  Singer Finance Standard Fixed Deposits · Finance company | 11.00% | LKR 49,500 | LKR 5,500 | LKR 549,500 |
| 20 |  Asia Asset Finance Fixed Deposits · Finance company | 10.88% | LKR 48,960 | LKR 5,440 | LKR 548,960 |
| 21 |  Alliance Finance Fixed Deposit · Finance company | 10.50% | LKR 47,250 | LKR 5,250 | LKR 547,250 |
| 22 |  CBC Finance Fixed Deposits · Finance company | 10.50% | LKR 47,250 | LKR 5,250 | LKR 547,250 |
| 23 |  DFCC Bank Fixed Deposit · Private bank | 10.50% | LKR 47,250 | LKR 5,250 | LKR 547,250 |
| 24 |  CDB Finance CDB Fixed Deposit · Finance company | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 25 |  Commercial Bank Fixed Deposits · Private bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 26 |  HNB Bank Fixed Deposits · Private bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 27 |  NTB Bank Fixed Deposits · Private bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 28 |  RDB Bank RDB Fixed Deposits · State bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 29 |  Sampath Bank Fixed Deposits · Private bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 30 |  Senkadagala Finance Fixed Deposit Accounts · Finance company | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 31 |  Seylan Bank Regular Fixed Deposit 2-60 months · Private bank | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 32 |  UB Finance Fixed Deposits · Finance company | 10.00% | LKR 45,000 | LKR 5,000 | LKR 545,000 |
| 33 |  Janashakthi Finance Fixed Deposits · Finance company | 9.94% | LKR 44,730 | LKR 4,970 | LKR 544,730 |
| 34 |  Mahindra Ideal Finance Fixed Deposits · Finance company | 9.75% | LKR 43,875 | LKR 4,875 | LKR 543,875 |
| 35 |  Siyapatha Finance Fixed Deposits · Finance company | 9.75% | LKR 43,875 | LKR 4,875 | LKR 543,875 |
| 36 |  Amãna Bank LKR Term Investment Account · Private bank | 9.50% | LKR 42,750 | LKR 4,750 | LKR 542,750 |
| 37 |  HDFC Bank Fixed Deposits · State bank | 9.50% | LKR 42,750 | LKR 4,750 | LKR 542,750 |
| 38 |  LOLC Finance General Fixed Deposit Accounts · Finance company | 9.00% | LKR 40,500 | LKR 4,500 | LKR 540,500 |
| 39 |  PABC Bank Fixed Deposits · Private bank | 9.00% | LKR 40,500 | LKR 4,500 | LKR 540,500 |
| 40 |  Union Bank Fixed Deposits · Private bank | 9.00% | LKR 40,500 | LKR 4,500 | LKR 540,500 |
| 41 |  AMF Company Fixed Deposits · Finance company | 8.50% | LKR 38,250 | LKR 4,250 | LKR 538,250 |
| 42 |  MCB Bank Term Deposits · Private bank | 7.35% | LKR 33,075 | LKR 3,675 | LKR 533,075 |
| 43 |  NSB Bank Fixed Deposits · State bank | 7.25% | LKR 32,625 | LKR 3,625 | LKR 532,625 |
| 44 |  SBI Bank Fixed Deposit · Private bank | 6.75% | LKR 30,375 | LKR 3,375 | LKR 530,375 |
Each institution's highest standard (non-senior, LKR) rate for the tenure. Simple interest paid at maturity. Rates change often — confirm with the institution. See the full FD rate table.
Frequently asked questions
How is FD interest calculated in Sri Lanka?
Sri Lankan fixed deposits pay simple interest: deposit × annual rate × term in years. Rs. 1,000,000 at 10.5% for 12 months earns Rs. 105,000 gross. Interest is paid either in one sum at maturity or as monthly income; it only compounds if you renew the deposit together with its interest.
How much tax is deducted from fixed deposit interest?
Banks and finance companies withhold 10% Advance Income Tax (AIT) from interest paid to residents. On Rs. 105,000 of interest that is Rs. 10,500, leaving Rs. 94,500. The tax is credited against your income tax liability when you file a return.
Can I avoid AIT on my fixed deposit interest?
Residents whose total assessable income is below the tax-free threshold can submit a self-declaration to the bank so that AIT is not withheld. Eligibility rules are set by the Inland Revenue Department and change with budgets — ask your bank for the current form and conditions.
Do monthly-interest FDs pay less?
Often, yes. Many institutions quote a slightly lower rate for monthly payout than for interest at maturity, because you receive the money sooner. Use the monthly rate the bank gives you when choosing the monthly income option.
Do finance companies pay more than banks?
Usually. Licensed finance companies typically pay more than banks for the same tenure in return for higher risk. Both are licensed and supervised by the Central Bank of Sri Lanka, and deposits are covered by the Sri Lanka Deposit Insurance Scheme up to its limit per depositor per institution.
Where can I see today's best FD rates?
AnyBanq's fixed deposit rate table lists current published rates from Sri Lankan banks and finance companies for 1 month to 5 years, with separate views for each tenure and for senior citizens.
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