FD comparison
Best fixed deposit rates in Sri Lanka: how to compare before you choose
The best FD rate is not only the highest percentage. Match the rate with the deposit amount, tenure, payout type, minimum deposit, and whether the source page is current.
Updated 2026-05-04 · 6 min read
Start with the tenure you actually need
Sri Lankan banks publish fixed deposit rates across many tenures. A high 60 month rate may not be the right answer if you need cash in 6 or 12 months.
Use tenure first, then compare rates inside that tenure. This keeps the decision realistic and avoids locking money for longer than planned.
Compare maturity and monthly interest separately
A maturity FD usually compounds or pays interest at the end of the term. A monthly interest FD is useful for cash flow but may show a different annual rate.
RateHive separates payout types so a monthly income product is not mixed with a maturity payout product in a confusing way.
Check the minimum deposit and notes
Some headline rates apply only above a specific deposit amount or for selected customer categories. Minimum deposit and product notes can change the real option available to you.
Before you decide, open the bank source link and confirm the product terms directly with the bank.
Frequently asked questions
What is the best fixed deposit rate in Sri Lanka?
The best FD rate depends on your tenure, amount, payout preference, and eligibility. Use the RateHive FD rates table to compare current rate options by duration.
Should I choose the highest FD rate only?
No. Also check minimum deposit, whether interest is monthly or at maturity, early withdrawal rules, tax treatment, and the official bank source.
How often should I compare FD rates?
Compare rates before opening a new deposit and again before renewal, because Sri Lankan bank deposit rates can change with market conditions.