Fixed Deposit Calculator — Sri Lanka
Calculate your fixed-deposit maturity value and interest in LKR at current rates. No signup, no tracking.
Fixed deposit rates in Sri Lanka (2026)
FD rates ≈ 8–10% p.a. for 1+ year. Senior citizens +1%. Licensed finance companies offer higher rates but have higher risk.
At around 9%, the fixed-deposit rate in Sri Lanka is relatively high in nominal terms.
Reference figures, ~2026. FD interest is often taxable and rates vary by bank and tenure - verify the current rate before depositing.
Worked example
For every LKRÂ 100,000 deposited at 9.00% for 5 years (quarterly compounding):
- Maturity value: LKRÂ 156,051
- Interest earned: LKRÂ 56,051
Scale to your deposit amount. Longer tenures and higher rates grow the maturity value; compare banks before locking in.
How to get the best fixed-deposit return in Sri Lanka
- Compare several banks - smaller and digital banks often pay more than the big high-street names.
- Ladder your deposits across different tenures so some matures regularly and you can reinvest at new rates.
- Check how often interest compounds; more frequent compounding grows the maturity value.
- Factor in tax on the interest, and compare against short-term government bills or bonds.
Frequently Asked Questions
How is FD maturity calculated in Sri Lanka?
Maturity = P × (1 + r/4)^(4n) for quarterly compounding, where P is the deposit, r the annual rate and n the years. fin·calc uses this standard method.
What is the current FD rate in Sri Lanka?
As a 2026 reference, fixed-deposit rates are around 9% per year, varying by bank and tenure. FD rates ≈ 8–10% p.a. for 1+ year. Senior citizens +1%. Licensed finance companies offer higher rates but have higher risk.
Is FD interest taxable in Sri Lanka?
In most countries FD interest is taxable as income; some offer tax-advantaged or senior-citizen options. Check your local rules - the calculator shows the pre-tax maturity value.
Is a fixed deposit safe in Sri Lanka?
Fixed deposits carry no market risk. In Sri Lanka, bank deposits are typically protected by a national deposit-insurance scheme up to a set per-depositor limit. Confirm the current cap and which banks qualify before you deposit. They trade higher safety for lower long-term returns than equities.
Should I choose a fixed deposit or invest instead in Sri Lanka?
A fixed deposit gives a guaranteed return and suits money you cannot afford to risk. Investing targets higher long-term growth but can fall in value. Many people keep an FD for safety and invest separately for growth.
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Sources
Deposit rates are compiled from each country's central-bank publications and the typical offerings of its major banks, reviewed for 2026 and subject to change — always confirm the current rate with your bank before depositing. See our methodology and editorial policy for how we source and update this data.