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Fixed Deposits
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Features & Benefits
Sarvodaya Development Finance Limited accepts deposits from Sri Lankans over the age of 18, Each deposit is made for a specific period of time, in terms of months or years and gives a higher yield than regular savings accounts, depending on the tenure. Interest is paid either monthly or at maturity.
- It is a fixed investment for 3months to 60months.
- Loans can be taken against the deposit to a certain percentage.
- Fixed interest rate for the period as agreed.
- Senior Citizens are offered 0.5% additional interest rate.
Eligibility
- Minimum deposit Rs.5000/-
- Citizen of Sri Lanka
Documents Required
- The completed mandate and the signature/s of the depositors.
- NIC/s of the depositor/s
- KYC of the depositor/s