DFCC Bank Offers the Highest Returns for 05-Year Fixed Deposits
November 29, 2022
Understanding current market trends and realizing that the best investment returns could be derived with customized propositions, DFCC Bank is providing 5-year fixed deposits with the highest interest rates in the market at 30% p. a, for interest paid at maturity. This allows investors and savers to receive two and a half times their investment in just 5 years. Even customers who receive their interest payments monthly can enjoy the high rates of 20% p. a, with DFCC Bank’s 5-year Fixed Deposits. The bank has also introduced a range of short-term but very high-yielding fixed deposits, allowing customers to make fixed deposits for 100, 200 or 300 days while enjoying a 22%, 22.5% and 23% interest, respectively, per annum.
Aasiri Iddamalgoda – Senior Vice President – Retail Banking and SME at DFCC Bank said, “We understand that people are looking to park their savings for the long and even short term amidst the present economic environment to enjoy a more secure future. Motivated by this, we have worked to introduce the best fixed deposits with unbeatable rates, exclusively for DFCC Bank customers, allowing them to grow their savings by 2.5 times in only 5 years. Therefore, if you invest 1 million today, in 5 years you will have LKR 2.5 million in savings. This is the most opportune time to invest in fixed deposits, as the present high-interest rate environment will not continue forever. CBSL’s prediction of current inflation indicates that the interest rates will reduce in the future, but with DFCC Bank 5-year Fixed Deposits, you can get a guaranteed interest rate of 30% for the next 05 years.”
Underscoring the trust and security that a DFCC Bank Fixed Deposit provides, Mr. Iddamalgoda added, “With a heritage spanning over 60 years, we are one of the oldest and most trusted licensed commercial banks with 139 branches situated across the country. Furthermore, we have continued to perform well financially, even in the most difficult circumstances, so our customers can rest assured that their money is safe, and their returns are guaranteed when they invest and save with us.”
DFCC Bank encourages all Sri Lankans to use this opportune moment to save and invest in fixed deposits for a more secure future. DFCC Fixed Deposits can be made at any DFCC Bank branch or through DFCC’s online banking portal for added convenience. Customers may call the bank’s 24/7 customer service hotline on 0112350000 for more information.
About DFCC Bank
DFCC Bank is a full-service Commercial Bank with a legacy of 66 years that offers a range of commercial and development banking services. The Bank’s Sustainability Strategy 2020–2030 envisions it becoming one of the leading banks that will contribute toward greater resilience, including the creation of Resilient Businesses that contribute to sustainable economic growth by extending support to Green Financing and, Sustainable and Social Entrepreneurs. The Bank has won awards for being the ‘Most Trusted Retail Banking Brand’ and the ‘Best Customer Service Banking Brand’ in Sri Lanka, 2021 from the prestigious Global Brands Magazine, UK, and was awarded ‘Market leader in Cash Management 2021’ by Euromoney. DFCC Bank was ranked amongst Business Today’s Top 40 Corporates in Sri Lanka. DFCC Bank is rated [SL] A+ by ICRA Lanka Limited and A+ (lka) by Fitch Ratings Lanka Limited as a licensed specialized bank supervised by the Central Bank of Sri Lanka.