About Fixed Deposits

LB Finance Fixed Deposits are designed for customers who want a secure and reliable way to grow their money over a selected period. With flexible tenures ranging from 1 month to 60 months, customers can choose the deposit period that best suits their financial goals.

Interest can be received either monthly or at maturity, depending on the customer's preference. Customers may also be eligible to obtain loan facilities against their Fixed Deposit, subject to applicable conditions.

LB CIM Wallet also enables convenient opening and withdrawal of Fixed Deposits, making it easier to manage deposits digitally.

  • Flexible tenures from 1 month to 60 months.
  • Flex Deposits can be made for any period beyond 31 days, up to any maturity date within a maximum tenure of 5 years.
  • Interest payout options available monthly or at maturity.
  • Loan facilities can be obtained against the Fixed Deposit.
  • No opening fee or maintenance fee.
  • Deposit insurance coverage up to Rs. 1,100,000 based on the amount deposited.
Fixed Deposits

Why Save with LB Finance?

Choose a secure investment solution with flexible tenures, flexible interest payout options, and convenient digital access through LB CIM Wallet.

  • Flexible Tenure Options 
    • Choose a deposit period from 1 month to 60 months (Month /Days)based on your financial plan.
  • Monthly or Maturity Interest
    • Receive interest monthly or at maturity, depending on your preference.
  • Loan Facility Against Deposit
    • Obtain loan facilities up to 80% if interest is paid monthly and up to 85% if interest is paid at maturity, from the Fixed Deposit value. Digital Access via LB CIM Wallet
  • Open and withdraw Fixed Deposits conveniently through the LB CIM Wallet.
    • No Opening or Maintenance Fee
  • Start your Fixed Deposit without an opening fee or ongoing maintenance fee. CBSL-Regulated Protection
    • Deposits are protected under applicable deposit insurance coverage up to Rs. 1,100,000.


Who Can Open This Account?

  • Sri Lankan residents over 18 years of age.
  • Minor Fixed Deposits can be opened with a guardian as a joint depositor.
  • Sri Lankans with a valid NIC or Passport.
  • Foreigners with a valid residence visa in Sri Lanka.
  • Customers who can make the minimum deposit of Rs. 5,000.

Documents You'll Need

  • Valid National Identity Card or Passport.
  • Proof of address, if required.
  • Guardian's identification documents for minor Fixed Deposits.
  • Power of Attorney, if the depositor resides abroad and requires changes to initial instructions.
  • Any additional documentation requested by LB Finance

Legal provision

Legal provision - Contract Law - Directions & Circulars of Central Bank:

Policies and procedures on dormant accounts and abandoned properties 

  • Abandoned Fixed Deposits will follow the standard legal procedure.(nominees/ beneficiaries will be entitled)
  • Abandoned Fixed Deposits will be reported to the Central Bank of Sri Lanka as per the regulatory requirements.

Rates

Period

 

Normal

 

 

Senior

 

Monthly

A.E.R

Maturity

A.E.R

Monthly

A.E.R

Maturity

A.E.R

1 Month

N/A

N/A

9.00%

9.38%

 N/A

N/A

9.00%

9.38%

50 Days
N/AN/A10.00%
10.44%N/AN/A10.00%10.44%
3 Months
9.00%
9.38%10.00%10.38%9.00%9.38%10.00%10.38%
6 Months9.50%9.92%
10.50%
10.78%
9.50%
9.92%
10.50%
10.78%
200 DaysN/AN/A11.00%11.27%N/AN/A11.00%11.27%

1 Year

10.50%

11.02%

11.50%

11.50%

11.00%

11.57%

12.00%

12.00%

13 months10.50%11.02%12.25%12.19%11.00%11.57%12.75%12.69%

15 Months

10.50%

11.02%

11.50%

11.34%

11.00%

11.57%

12.00%

11.83%

18 Months

10.50%

11.02%

11.50%

11.19%

11.00%

11.57%

12.00%

11.67%

2 Years

10.75%

11.30%

12.75%

12.03%

11.25%

11.85%

13.25%

12.47%

3 Years

10.75%

11.30%

12.75%

11.40%

11.25%

11.85%

13.25%

11.80%

4 Years

10.75%

11.30%

12.75%

10.85%

11.25%

11.85%

13.25%

11.22%

5 Years

10.75%

11.30%

12.75%

10.37%

11.25%

11.85%

13.25%

10.70%


Effective Date : 01st October 2026

Sri Lanka Deposit Insurance Scheme (SLDIS) Information: SLDIS's web

For more information, please visit the following link: SLDIS's FAQs

How to Apply in 3 Simple Steps

1

Apply Online or Visit Branch

Start your Fixed Deposit through LB CIM Wallet or visit any LB Finance branch.

2

Submit Documents

Provide your identification and supporting documents for verification.

3

Make Initial Deposit & Start Earning

Deposit Rs. 5,000 or more and choose your preferred tenure and interest payout option

Frequently Asked Questions

The minimum balance requirement is Rs. 5,000.

Yes. Interest can be paid monthly or at maturity, based on your preference.

Yes. Loan facilities may be obtained up to 75% if interest is paid monthly and up to 80% if interest is paid at maturity, from the Fixed Deposit value. 

Yes. Minor Fixed Deposits are accepted with a guardian as a joint depositor. However, funds cannot be withdrawn until the minor reaches maturity.

No. There is no opening fee or maintenance fee.

Need help?

Our experts are ready to assist you.

Call Us +94 11 220 0200 Email info@lbfinance.lk Address No. 275/75, Prof. Stanley Wijesundera Mawatha, Colombo 07, Sri Lanka