366 days Fixed Deposits

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366 days Fixed Deposits

Apply Now

The maximum that your fund can earn in 366 days. Minimum FD opening balance is BDT 100,000/-. No applicable ceiling for the maximum amount. This product may be opened by Individuals or Non-Individuals. An OD of maximum 90% may be taken for any emergency fund requirement.

The Essentials

 No restrictions on the number of deposits every month.

 No other restrictions for premature encashment.

 In case of premature encashment, interest to be counted at savings account rate for the number of days in the “366 Days FD” account.

 This product may be opened by Individuals or Non-Individuals.

 OD of maximum 90% may be taken by the FD holder(s) in current account.

 Free internet banking facilities.

 Applicable ROI for the OD is set at 4%.

Please contact your nearest branch for more information and opening a 366 Days FD Account.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.