Bank of Ceylon FD Rates

Bank of Ceylon FD Rates 2026

The Bank of Ceylon in Sri Lanka ensures that its customers have access to term‑deposit schemes offering some of the most competitive FD interest rates. The FD rates offered by the bank are:

*Bank of Ceylon FD rates w.e.f May 27,2025. 

Special Fixed Deposit Scheme for Senior Citizen 2026

The FD interest rates offered by the Special Fixed Deposit Scheme for Senior Citizens are: 

*Bank of Ceylon FD rates w.e.f May 27,2025. 

Bank of Ceylon FD Features

Fixed deposit schemes by the Bank of Ceylon offer multiple benefits to its customers. Some of them are:

• The Fixed deposit facility in the said bank comes with a nominee facility and pertinence to loan, overdrafts or guarantees on all schemes.

• The minimum amount required for opening a fixed deposit account for all the non-business applicants is Rs. 10,000.

• There are five main types of fixed deposit accounts are; Normal Fixed Deposits, Savings certificates, Smart fixed deposits, 7-day call deposits and Senior Citizens fixed deposit accounts.

Bank of Ceylon Fixed Deposit Interest Rate Calculator

The Bank of Ceylon Fixed Deposit calculator is a user-friendly tool that makes it easy to know the maturity amount and interest earned on a fixed deposit at the end of its term. With just a few essential details, the final FD amount can be determined without any hassles. 

Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:

• The amount that is invested

• The Rate of Interest offered

• The tenure of the Fixed Deposit Account

• The compounding period, that is, yearly, half-yearly, quarterly, or monthly

• The FD Amount

Once entered the following details, an investor will come to know:

• The maturity value of the FD

• The total interest earned during the complete tenure

Types of Fixed Deposit Accounts

Different types of Bank of Ceylon fixed deposit accounts are:

• Normal Fixed Deposit - These deposits are applicable for a period of 1-6 months and 1 to 5 years, where a monthly interest is provided on the deposits. The amount is payable during the fixed deposit maturity.

• Savings Certificates – These investment schemes are designed for short-term purposes and do not require the applicant to hold an account. Payments can be received in 6-month, 12-month, and 24-month denominations. The scheme also offers instant loans or overdrafts and the invested amount is paid back at maturity.

• Smart Fixed Deposits – The time rounded applications are as per general fixed deposit scheme. This feature is controlled totally online except the nominee facility. The nominees have to visit the respective branch of the account holder.

• 7-day call deposits – These types of fixed deposits are ideal for business entities. The deposit amount begins with Rs. 1 lakh and is subject to higher rates of interest than the standard, smart FD and savings certificates.

• Senior Citizen’s Fixed Deposit Account – The maturity of term deposit is one year, rates of interest are higher than the standard, smart FD and savings certificates. The payment of interest is calculated at maturity or monthly.

Additional Features

Some of the additional features of Bank of Ceylon fixed deposits are:

• The rate of interest depends on the deposit tenure; usually the longer the tenure, the higher the rates.

• For rates of interest on Savings Certificates, you need to confer with the bank branch directly.

• For Smart Fixed Deposits, depositors need to contact the bank branch directly.

• The rates of interest on 7-day callable deposits are the same as those of regular FDs.

Conclusion

The Bank of Ceylon offers various Fixed Deposit schemes, with interest rates ranging from 5.75% p.a. to 7.75% p.a., depending on the tenure of the deposit. The Special Senior Citizens FD scheme offers an interest rate of 11.32% p.a. for a tenure of one year. With eligibility starting from 18 years of age, Bank of Ceylon opens opportunities for all adults to grow their savings. It is important to consider the interest rates when choosing a Fixed Deposit scheme.

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