Best Fixed Deposit Rates
in Sri Lanka (2026)
Compare FD interest rates from all major Sri Lankan banks. Find the highest returns on your savings - instantly, for free.
Quick Answer: The highest fixed deposit rate in Sri Lanka as of 2026-07-13 is 11.5% p.a. offered by Seylan Bank for a 24-month deposit. LKR 100,000 grows to LKR 111,500 after 1 year at this rate.
Highest Rate
11.5% p.a.
Seylan Bank · 24M
Banks Compared
9 Banks
State & private banks
Rate Entries
36+
Across all tenures
LKR 100K Earns
LKR 111,500
After 1 year at 11.5%
Top 12-Month FD Rates
Best 1-year fixed deposit rates ranked by interest rate
| # | Bank | Type | Tenure | InterestInterest Rate | Min. Deposit | Action |
|---|---|---|---|---|---|---|
| 1 |  Commercial Bank Best Rate | Private | 1 Year | 10.00%p.a. | LKR 25,000 | Calculate |
| 2 |  Nations Trust Bank Best Rate | Private | 1 Year | 10.00%p.a. | LKR 25,000 | Calculate |
| 3 |  Seylan Bank | Private | 1 Year | 9.50%p.a. | LKR 10,000 | Calculate |
| 4 |  People's Bank | State | 1 Year | 8.50%p.a. | LKR 5,000 | Calculate |
| 5 |  Pan Asia Bank | Private | 1 Year | 8.50%p.a. | LKR 10,000 | Calculate |
| 6 |  Sampath Bank | Private | 1 Year | 8.00%p.a. | LKR 10,000 | Calculate |
Why Compare FD Rates in Sri Lanka?
Small rate differences can mean thousands of rupees over time
Maximize Returns
Even a 0.5% higher rate on LKR 1 million means LKR 5,000 extra per year.
Safe & Guaranteed
State bank FDs carry government backing. Private banks are covered by the Sri Lanka Deposit Insurance Scheme (SLDILSS).
Instant Comparison
No calls, no branch visits. Compare all banks and tenures in seconds.
Credit Card Offers in Sri Lanka
View all 330 offers →Protect Your Savings
Only invest with CBSL-licensed banks and finance companies. Beware of unlicensed schemes promising unrealistically high returns - they are often scams.
Read our Safe Investing Guide →Frequently Asked Questions
Which bank offers the highest FD rate in Sri Lanka in 2026?
As of 2026-07-13, Seylan Bank offers the highest fixed deposit rate of 11.5% per annum for a 24-month tenure.
What is the minimum deposit for a fixed deposit in Sri Lanka?
Minimum FD amounts vary. National Savings Bank (NSB) accepts deposits from as low as LKR 1,000. Commercial Bank requires a minimum of LKR 25,000. Most banks start from LKR 5,000–10,000.
Are fixed deposit interest rates taxed in Sri Lanka?
Yes. Interest income on FDs is subject to withholding tax (WHT), which banks deduct at source. The rate may change based on government policy - confirm current WHT rates with your bank.
Can I break a fixed deposit before maturity in Sri Lanka?
Yes, most banks allow early withdrawal but may charge a penalty (typically 1–2% reduction in the applicable rate). Check your bank's terms before opening an FD.
Which is better - state bank or private bank FDs?
State bank FDs (BOC, People's Bank, NSB) carry an implicit government guarantee and are considered very safe. Private bank FDs typically offer higher rates and are covered by the Sri Lanka Deposit Insurance Scheme (SLDILSS).