Special Deposit Account

NDB offers Sri Lankans and well-wishers here and abroad an opportunity to extend a gesture of goodwill towards Sri Lanka and its people  at this time of need through the Special Deposit account which provides the depositor an opportunity to enjoy higher interest rates and flexibility.

Key Features
 
  • SDAs shall only be opened as Fixed Deposists . SDA Savings Account can be opned only for purpose of receiving funds to be placed in SDA Fixed Deposit.
  • SDA's can be opned during the six months period from the 08th of April 2020.
  • Joint accounts are permitted with another eligble person.
  • Freely convertible and remittable outside Sri Lanka at maturity
  • Will not be subject to Foreign Exchange Regulation No 1 of 2017 published in Gazette Notification No 2045/56 dated 17.11.2017 
 
 
Eligibility 
 
  • Any Sri Lankan individual resident in or outside Sri Lanka above 18 years of age
  • Dual Citizens
  • Citizens of other States with Sri Lankan origin
  • Non Nationals resident in or outside Sri Lanka 
  • Funds,corporate bodies,associations incorporated/ registered outside Sri Lanka 
  • Any other well-wishers. 

 

        Tenure 
  • A tenure of either 6 months and 12 months 
        Higher Interest rates than the normal Fixed Deposits 
  • 6 months tenure – 1% above the normal interest rate per annum
  • 12 months tenure – 2% above the deposit interest rates per annum
 

What you need to bring

  • Your National Identity Card
  • A billing proof for your residential address verification. This can be an electricity Bill, Water Bill or a Land Line.
 
More details
 
 
Designated foreign currencies 
  • United States Dollars (USD)
  • Euro
  • Sterling Pound
  • Australian Dollars
  • Singapore Dollars
  • Swedish Kroner
  • Swiss Franc
  • Canadian Dollars
  • Hong Kong Dollars
  • Japanese Yen
  • Danish Kroner 
  • Norwegian Kroner
  • Chinese Renminbi 
  • New Zealand Dollars.
 
 
 

 

 

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