The more you invest today, the more benefits you are going to reap in the future. Investing is similar to planting a seed today so that you can comfortably sit under a shady tree in the future, enjoying its bounty. Making an investment is always a worthwhile decision that builds up long-term financial security. To plan your financial resources properly and manage your investment options such as Fixed Deposits, you need a trusted partner, who not only can give you the best options but also can help you grow your savings.
Built on a firm foundation of trust and stability strengthened over five decades, LB Finance (LBF) is one of the leading financial companies in the country. With a deposit base of over Rs. 89.7 billion as at 30th September 2020, LBF is proud to own one of the largest deposit bases among non-banking financial institutions in the country. Over the decades, LBF has become a trusted brand name, synonymous with stability and dependability, while playing a key role as a reliable financial partner for many.
Special Benefits of LB Finance Fixed Deposits:
Their new rates for 18 months and 24 months fixed are now 2.59% and for a two year term, that either matches or beats the carded offers from the five big banks. CEO David Cunningham says the Co-operative Bank was the first bank to draw under the Reserve Bank's Funding for Lending Programme (FLP), with $40 million drawn on 11 December. Fixed deposit with Hatton National Bank will fetch you one of the most attractive rates-of-interest in the market. In HNB fixed deposits, our customers have the flexibility of choosing the period of deposit. Money Market Accounts give the flexibility of a Call Deposit while retaining the high interest rate of a Time Deposit. It is mandatory that seven days notice is given prior to withdrawals. Fixed Deposit is a time deposit, which offers attractive rates of interest. Commercial Bank.
- Backed by the trust and assurance of the nation’s most trusted financial institution
- Flexible maturity period
- Unbeatable interest rates
- Quick refunds on maturity
- Quick loans against your deposits
- Superior customer service
When you are thinking of a good investment plan, and on the lookout for the best Fixed Deposit facility, look no further than LB Finance.
Commercial Bank Fixed Deposit Rates 2019
Current Rates of Fixed Deposit interest with effect from 07th January 2021
FIXED DEPOSIT (Minimum of Rs. 5,000/-)
| Period | Normal Rate | Senior Citizen Rate | ||||||
| Monthly | AER | Maturity | AER | Monthly | AER | Maturity | AER | |
| 01 Month | – | – | 4.50% | 4.59% | – | – | 4.50% | 4.59% |
| 03 Months | 4.25% | 4.33% | 4.75% | 4.84% | 4.25% | 4.33% | 4.75% | 4.84% |
| 06 Months | 4.50% | 4.59% | 5.00% | 5.06% | 4.50% | 4.59% | 5.00% | 5.06% |
| 01 Year | 6.00% | 6.17% | 6.25% | 6.25% | 6.50% | 6.70% | 6.75% | 6.75% |
| 15 Months | 6.00% | 6.17% | 6.25% | 6.20% | 6.50% | 6.70% | 6.75% | 6.69% |
| 18 Months | 6.00% | 6.17% | 6.25% | 6.16% | 6.50% | 6.70% | 6.75% | 6.64% |
| 02 Years | 7.37% | 7.62% | 7.63% | 7.36% | 7.87% | 8.16% | 8.13% | 7.82% |
| 03 Years | 7.84% | 8.13% | 8.13% | 7.55% | 8.34% | 8.67% | 8.63% | 7.98% |
| 04 Years | 7.84% | 8.13% | 8.13% | 7.29% | 8.34% | 8.67% | 8.63% | 7.70% |
| 05 Years | 8.30% | 8.62% | 8.63% | 7.44% | 8.80% | 9.16% | 9.13% | 7.81% |
Commercial Bank Interest Rate
Terms & Conditions Apply