Rates & Tariffs

Treasury Bill Rates

 
Treasury Bill Rates

    TREASURY BILL RATES APPLICABLE FOR THE WEEK COMMENCING FROM 15.03.2019 

Term   Yield P.A Price per Rs: 100/=
03 Months
(91 days)
 9.20% 97.7517
06 Months
(182 days)
  9.50%

95.4654

12 Months
(364 days)

 10.25%

90.7029

 

 

 

 

 

 

 

 

           
  INTEREST RATES FOR RUPEE W.E.F. 01st February 2018
   1.        FIXED DEPOSIT      
  Term Interest Payment Rates per Annum  
  1 Month (Minimum Rs. 500,000) (Revised)  At Maturity 7.00%  
  3 Months (Revised)  At Maturity 10.25%  
  6 Months (Revised)  At Maturity 10.50%  
  1  Year (Revised)         General  
  At Maturity  10.75%  
  Monthly 10.25%  
       Senior Citizens General  Senior Citizen Special  
                     
   At Maturity 11.25% 15 .00%*  
  Monthly 10.50% 14.06%*  
      (Special fixed deposit scheme introduced by the iterim Budget 2015)  
  2 Years (Revised)   At Maturity 11.25%  
  Monthly 10.25%  
  Annually 10.75%  
  3 Years (Revised)   At Maturity 12.00%  
  Monthly 10.25%  
  Annually 10.75%  
  4 Years (Revised)   At Maturity 12.50%  
  Monthly 10.25%  
  Annually 10.75%  
  5 Years (Revised)   At Maturity 13.25%  
  Monthly 10.25%  
  Annually 10.75%  
           *Complying with the Interim Budget  2015, this Special Fixed Deposit Interest Scheme is applicable for Senior Citizens above 60 year of age. The maximum deposit is Rs 1.5Mn.   
           
           
  2.        7 DAY CALL DEPOSIT  
          Interest paid on withdrawals with 7 days’ Notice 5.50% (p.a)  
           
  3.      MOVING RATE FIXED DEPOSIT (MRFD) SCHEME    
    Interest paid Monthly Interest paid Annually    
  2 years 7.75% 8.25%    
  3 years 8.00% 8.50%    
  4 years 8.25% 8.75%    
  5 years 8.50% 9.00%    
           
                                     
  IINTEREST RATES FOR RUPEE – SAVINGS DEPOSITS  
   1.   SAVINGS CERTIFICATE  
  Face Value Selling Price  
  Term 6 Months 12 Months 24 Months  
  Yield p.a. 5.00% 6.00% 7.00%  
  Rs.; Rs. Rs. Rs.  
          200.00       196.00      189.00      176.00  
          500.00       488.00      472.00       439.00  
       1,000.00       976.00      944.00       878.00  
       5,000.00    4,879.00   4,717.00    4,386.00  
     10,000.00    9,757.00   9,434.00    8,772.00  
     25,000.00  24,391.00 23,585.00  21,930.00  
     50,000.00  48,781.00 47,170.00  43,860.00  
   100,000.00  97,561.00 94,340.00  87,720.00  
     
   2.   SAVINGS DEPOSIT ACCOUNT  
              Ordinary Savings 4.00% p.a.  
              Samurdhi Investment 4.25% p.a.  
              18 + Youth Savings Account Scheme 4.50% p.a.  
              Kantha Ran Ginum 4.50% p.a.  
              Ran Kekulu Ginum 5.00% p.a.  
              Staff Voluntary Savings 4.50% p.a.  
              Senior Citizens Savings 5.00% p.a.  
     
   3.   OTHER DEPOSIT SCHEMES  
             National Pension Scheme (now suspended) 12.68% p.a.  
             National Endowment Scheme (now suspended) 6.50% p.a  

 

*** Deposit liabilities have been insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board on payment of applicable premium for compensation up to a maximum of Rs. 200,000 per depositor.

INTEREST RATES FOR REDESIGNATED FOREIGN CURRENCY SAVINGS DEPOSITS

The rates of interest payable on Foreign Currency Savings Deposits, with effect from 7th June 2018 is as follows.
 
 
 
   PFCA/ DFA** /RGFCA**/ IIA   
   BFCA/OIA**
 U S DOLLARS   2.00%   0.75%
 STERLING POUNDS   1.25%   0.75%
 EURO   0.40%   0.25%
 JAPANESE YEN   0.01%   0.01%
 AUSTRALIAN DOLLARS   1.00%   0.50%
 NEW ZEALAND DOLLARS   1.50%   1.50%
 SWISS FRANCS   0.40%   0.40%
 CANADIAN DOLLARS   0.50%   0.50%
 SINGAPORE DOLLARS   0.25%   0.25%
 CHINESE RENMINBI    1.25%   1.25%
     

** DFA, RGFCA and OIA savings rates are applicable only for the accounts opened in USD, GBP and EUR.

 

RATES OF INTEREST APPLICABLE FROM 7th June 2018 FOR PFCA FIXED DEPOSITS

All PFCA/ DFA*** /IIA/ and SFNFDA  fixed deposits

 U S DOLLARS 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 5,000/-   2.00%   2.50%   2.60%   2.75%
 5,001/- to 10,000/-   2.00%   2.55%   2.65%   2.80%
 10,001/- to 25,000/-   2.00%   2.60%   2.70%   2.85%
 25,001/- to 50,000/=   2.00%   2.65%   2.75%   2.90% *
 50,001/- to 100,000/-   2.00%   2.80%   3.00%   3.25% *
 100,001/- to 250,000/-   2.00%   2.85%   3.05%   3.30%
 250,001/- to 500,000/-   2.00%   2.90%   3.10%   3.35%
 500,001/- and above   2.25%   3.00%   3.25%   3.50%
 7 days call deposit                     0.25%
 For 12 Months Fixed Deposits Monthly Rate   Quarterly Rate
 100,000/- and also on 3 year deposits   2.75%   2.90%
 100,001/- to 200,000/-   2.80%   2.95%
 200,001/- and above   2.85%   3.00%
 STERLING POUNDS 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 25,000/-  1.25%  1.95%  2.20%  2.45% *
 25,001/- to 50,000/-  1.25%  2.05%  2.30%  2.55% *
 50,001/- to 100,000/-  1.25%  2.15%  2.40%  2.65%
 100,001/- and above  1.25%  2.25%  2.50%  2.75%
 7 days call deposit                    0.25%
 For 12 Months Fixed Deposits Monthly Rate Quarterly Rate
 50,000/- and also on 3 year deposits  2.40%  2.45%
 50,001/- to 100,000/-  2.50%  2.55%
 100,001/- and above  2.60%  2.65%
* Also Applicable for 3 year deposits where interest is paid annually.

 

RATES OF INTEREST APPLICABLE FOR PFCA/ DFA ***/IIA/ and SFNFDA FIXED DEPOSITS
 EURO 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 25,000/-  0.25%  1.45%  1.70%  1.95% *
 25,001/- to 50,000/-  0.35%  1.55%  1.80%  2.05% *
 50,001/- to 100,000/-  0.50%  1.65%  1.90%  2.15%
 100,001/- and above  0.75%  1.75%  2.00%  2.25%
7 days call deposit                         0.05%
JAPANESE YEN 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 1,000,000/-  0.01%  0.01%  0.01%  0.01%
 OVER 1,000,001/-  0.01%  0.01%  0.01%  0.01% *
 7 days call deposit                      0.005%
 AUS. DOLLARS 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 10,000/-  1.50%  2.00%  2.25%  2.50%
 OVER 10,001/-  1.75%  2.25%  2.50%  2.75% *
 7 days call deposit                       0.25%
 N Z DOLLARS 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
 UP TO 10,000/-  2.50%  2.75%  2.90%  3.00%
 OVER 10,001  2.60%  2.85%  3.00%  3.10%
 7 day Call Deposit                         1.50%
 SWISS FRANCS 1 MONTH 3 MONTHS 6 MONTHS  12 MONTHS
 UPTO 10,000/-  0.70%  0.80%  0.90%  1.00%
 OVER 10,001/-  1.00%  1.05%  1.10%  1.25% *
 7 days call deposit                        0.25%
 CAN. DOLLARS  1 MONTH  3 MONTHS 6 MONTHS 12 MONTHS
 UPTO 10,000/-  1.75%  1.80%  1.90% 2.00%
 ABOVE 10,001/-  1.90%  1.95%  2.15% 2.25% *
 7 days call deposit                        0.50%

* Also Applicable for 3 year deposits where interest is paid annually.

RATES OF INTEREST APPLICABLE FOR PFCA/ DFA ***/IIA/ and SFNFDA FIXED DEPOSITS

SINGAPORE DLRS 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
UPTO 10,000/- 0.50% 0.85% 1.05% 1.25%
ABOVE 10,001/- 0.90% 1.10% 1.30% 1.50% 
7 days call deposit                          0.25%
CHINESE RENMINBI 1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
UPTO 50,000/- 1.50% 2.00% 2.25% 2.50%
ABOVE 50,001/- 2.00% 2.50% 3.00% 3.25%
7 days call deposit                          0.75%

***Please note that DFA fixed deposit rates are applicable only for the accounts opened in USD, GBP and EUR.

 

(All BFCA and FCBU fixed deposits

RATES OF INTEREST APPLICABLE FOR BFCA and FCBU FIXED DEPOSITS

  1 MONTH 3 MONTHS 6 MONTHS 12 MONTHS
US DOLLERS 1.50% 1.75% 2.25% 2.50%
STERLING POUNDS 1.25% 1.50% 2.00% 2.25%
EURO 0.25% 1.00% 1.25% 1.75%
AUSTRALIAN DOLLERS 1.50% 2.00% 2.25% 2.50%

 

 
 
 

                    

 

Personal Loans Floating Rate (% p.a) Fixed Rate (% p.a)
Up to 5 Years 5-7 Years 7-10 Years Up to 5 Years 5-7 Years 7-10 Years
Personal Loan for Salaried Government & Private Sector Employees AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 14.00% 14.50% 15.50%
Personal Loans for Professionals            
Medical Officers - Members of GMOA AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.00% 13.50% 14.50%
Medical Officers - Members of SLMC AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.00% 13.50% 14.50%
Government Ayurvedic Medical Officers - - - - - -
Dental Surgeons - Members of GDSA AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.00% 13.50% 14.50%
Veterinary Surgeons - Members of SVSA or VCSL AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Nursing Staff in Government Service AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Administrative Services - Members of SLAS & SLEAS AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Engineers - Members of IESL or IIESL AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Accounting Service - Members of SLASA AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
University Academic & Non Academic Staff AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Government Surveyors - Members of GSA AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Judicial Officers - Members of JSASL AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 12.90% 13.00% 13.00%
Attorneys-at-Law - Members of BASL AWPLR + 2.5% N/A N/A 13.50% N/A N/A
Personal Loans for Armed Forces & Police            
Regular Cadre of the Sri Lanka Army AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Regular Cadre of the Sri Lanka Navy AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Regular Cadre of the Sri Lanka Air Force AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Police Service Personnel AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Police Service Personnel - Distress Loan N/A N/A N/A 11.00%* 11.00% * 11.00%*
Presidential Security Division (PSD) Personnel AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Disabled Members of Armed Forces & Police AWPLR + 2.5% AWPLR + 3.0% AWPLR + 3.0% 13.50% 14.00% 15.00%
Personal Loan for Government Pensioners N/A N/A N/A 13.5%* 13.5% * 13.5%*

* Rates if interest will be fixed for 1st 12 Months from the date of grant. Therefore, will be revised at the beginning of each quarter

 

Housing Loans Floating Rate (% p.a) Fixed Rate (% p.a)
Up to 10 Years Above 10 Years Up to 10 Years Above 10 Years
BOC Housing Loan AWPLR + 2.0% AWPLR + 2.5% 13.00% 14.00%
Special Housing Loan Schemes        
Medical Officers - Members of GMOA or GDSA AWPLR + 2.0% AWPLR + 2.5% 13.00% 14.00%
University Academic & Non Academic Staff AWPLR + 2.0% AWPLR + 2.5% 13.00% 14.00%
Judicial Officers - Members of JSASL AWPLR + 2.0% AWPLR + 2.5% 13.00% 14.00%
Police Service Personnel AWPLR + 2.0% AWPLR + 2.5% 13.00% 14.00%

 

Education Loans Floating Rate (% p.a)
Comprehensive Education Loan 14.00%*
University Students to purchase Laptops AWPLR + 0.5% Floor Rate 8.5%

* Rates if interest will be fixed for 1st 12 Months from the date of grant. Therefore, will be revised at the beginning of each quarter

 

 

Leasing Min Rate  Max Rate (% p.a)
(% p.a)
Motor Vehicles - Un Registered 13.50% 16.50%
Motor Vehicles - Registered 14.50% 16.00%
Machinery 16.00% 17.00%

 

Other Loans & Advances Min Rate  Max Rate (% p.a)
(% p.a)
Credit Cards 27.00% -
Pawning 17.50% -
Unsecured Overdrafts 27.00% -
Bill Discounting - Local 26.00% 27.00%
SME Loans 8.00% 10.00%
Export Loans 13.00% 16.50%
Import Loans 16.00% 17.00%
Agriculture/Animal Husbandry/Fisheries Loans 13.00% 16.50%
Self Employment Loans 13.00% 16.50%
Tourism/ Construction Loans 14.50% 16.50%
Plantations & Other Industry Loans 14.50% 17.00%
Trading, Consumption & Services Loans 15.50% 17.00%
     
** Rebate Interest Rate 4.00%  

 

Domestic Tariff - Digital Banking Products with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
   
4.1 Credit Cards
4.1.1 Joining Fees Principal            Supplementary
Platinum Rs.1,500/-            Rs.1,200/-
Titanium Rs.1,500/-            Rs.1,200/-
Master World Rs.1,500/-            Rs.1,200/-
Gold Rs.1,500/-            Rs.1,200/-
Classic Rs.1,000/-            Rs.750/-
   
4.1.2 Annual Fees Principal            Supplementary
Platinum Rs.3,000/-            Rs.1,500/-
Titanium Rs.2,000/-            Rs.1,000/-
Master World Rs.3,000/-            Rs.1,500/-
Gold Rs.2,000/-            Rs.1,000/-
Classic Rs.1,000/-            Rs.500/-
   
4.1.3 Other Fees and Charges
Temporary limit enhancement fee Rs.1,000/-
Limit enhancement fee Rs.500/-
Card reactivation fee for blocked cards Rs.1,000/-
Late payment fee Rs.900/-
Over limit fee Rs.600/-
SMS Alert Fee for Credit Card transactions Free of Charge
Cash advance fee 3.5 %                Min. Rs. 300/-
Lost card replacement fee Rs.500/-
PIN re-issue fee Rs.250/-
Overseas courier charges Rs.2,000/-
   
4.1.3 Other Fees and charges- Cont'd
Credit Card confirmation letters issued for Visa purposes/ any other purposes Rs.1,000/-
Credit Card balance confirmation Letters to Other Banks/Auditors Rs.500/-
Issue of duplicate statement- card holder
              Fee per monthly statement up to 12 months
              Fee per monthly statement after 12 months

Rs.100/-
Rs.200/-
 
Interest Rate 2.25% Per Month
Interest on cash advance 2.25% Per Month

 

 

Domestic Tariff - Current Accounts with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
Nature of Transaction Tariff
1.1 Monthly Service Charge : For both credit & debit balances
Corporate Customer - Monthly Minimum Balance < Rs 250,000/- Rs. 2,000/-    per month
Business Customer - Monthly Minimum Balance < Rs 15,000/- Rs. 1,000/-    per month
Personal Customer (Trading) - Monthly Minimum Balance < Rs 7,500/- Rs. 500/-       per month
Personal Customer (Non Trading) Monthly Minimum Balance < Rs 7,500/- Rs. 200/-       per month
1.2  Minimum O/D Interest (Will be applicable if the amount overdrawn falls below the minimum balance requirement)
Corporate Customer - Monthly Minimum Balance < Rs 250,000/- Rs. 1,500/-    per month
Business Customer - Monthly Minimum Balance < Rs 15,000/- Rs. 1,000/-    per month
Personal Customer (Trading) - Monthly Minimum Balance < Rs 7,500/- Rs. 250/-       per month
Personal Customer (Non Trading) - Monthly Minimum Balance < Rs 7,500/- Rs. 200/-       per month
1.3 Outward Cheque Returns – Inward Clearing (Charges to drawer - Paying Bank)
Due to Lack of Funds (Cash/ Clearing) Rs. 2,500/-
Effects Not Realized Rs. 750/-
Technical Reasons (except Bank faults/ lapses)
[CRN Codes - 14,50,51,52,53,54,55,56,57,58,59,60,62,63]
Rs. 200/-

Cheque Return Notification Charges – (CRN)
Cheque Return Code 1 & 2



Cheque Return Code - 11,14,15,16,51,52,53,54,55,56,57,58,60 & 62
Invalid Cheque (CRN Code 1 & 2)


1st Return – Rs. 150/-
2nd Return – Rs. 300/-


Rs. 250/-
Rs. 150/-

1.4 Inward Cheque Returns - Outward Clearing
Cheque Return Notification Charges (CRN) – Outward Cheques
[CRN Codes 1,2,10,12,13,50,59,61,63,64,65 & 66]
Postage 
Rs. 100/-

Actual charge
1.5 Request of Archived Physical Cheque/ Image
Physical Cheque
      Through CCD/ Sub Unit
      Direct from LCPL (Lanka Clear Pvt. Ltd.)
             Colombo City
             Greater Colombo
             Outstation
             North & East

Rs. 350/-

Rs. 400/-
Rs. 650/-
Rs. 950/-
Rs. 1,250/-
Images
            Within 1st Month
            02 to 06 Months
            Over 06 Months

Rs. 40/-
Rs. 70/-
Rs. 100/-
1.6 Stop Payments (Corporate/ Business/ Personal Customers)
Funds available at the time of request Rs. 500/-       per chq
Funds not available at the time of request Rs. 3,500/-    per chq
Lost cheque book or part Rs. 2,500/-    per chq. book
1.7 Current Account Statements – Per month
Daily Statements Rs. 2,500/-
Weekly Statements Rs. 1,500/-
Monthly Statements Free of charge
E-Statements (Any frequency) Free of charge
1.8 Duplicate Copies of Statements (Printed copies)
Within 06 years Rs. 250/-     per page
Over 06 Years Rs. 1,500/-  per page
E- Statements (Any frequency) Free of charge
1.9 Cheques Purchasing
Local Cheques Purchased 0.75% of Transaction Amount
Min. Rs. 1,500/-
Salary Cheques drawn by The Government of Sri Lanka
(Central Government Accounts)
No charge
1.10 Cheque Marking For Payment 
(a) Inward (As Paying Bank) Rs. 2,500/-
(b) Outward (As Collecting Bank) 0.15%      Min. Rs. 3,000/-
1.11 Cost of Cheque Books
25 leaves Rs. 375/-
50 leaves Rs. 750/-
Continuous Cheque Leaves Per Cheque Leaf Rs. 15/- +
Actual Printing Charges
Postage Actual cost
1.12 Closure of Current Accounts
Corporate Customer Rs. 1,500/-
Business/ Personal Customer Rs. 750/-
1.13 Preparation of Cash Orders
Same day 0.3%       Min. Rs. 2,500/-
Next working day 0.25%     Min. Rs. 2,500/-
Over the counter (More than 3 denominations) 0.3%       Min. Rs. 3,000/-
Transport Actual cost
1.14 Confirmation of Account Balances
Balance confirmation letters Rs. 500/- per query

Domestic Tariff - Savings and Time Accounts with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
Nature of Transaction Tariff
2.1 Monthly Service Charge: (Based on the Average Balance maintained)
Ordinary Savings/ Mudaraba Savings < Rs. 1,500/- Rs. 25/- per month
Other Savings Schemes (Except all Minor A/Cs) < Rs. 500/- Rs. 25/- per month
Ordinary Savings Non Personal < Rs. 10,000/- Rs. 25/- per month
Islamic Banking Savings Products < Rs. 1,500/-
(Except all Minor A/Cs)
Rs. 25/- per month
Ran Ulpatha Free of charge
2.2 Closure of Accounts
Savings Account Closure Rs. 100/-
2.3 Savings Account Statements
Monthly Free of charge
Daily            Corporate/ Business/ Personal Customer Rs. 2,500/- per month
Weekly        Corporate Customer
                          Business/ Personal Customer
Rs. 1,500/- per month
Rs. 1,000/- per month
E-Statements at any frequency (SmartGen Accounts) Free of charge
2.4 Issuance of Duplicate Savings Account Statements – (Printed Copies of Statements for Audit/ VISA Purposes etc.)
Within 06 years            Corporate/ Business/ Personal Customer Rs. 500/-    per page
Over 06 Years                 Corporate Customer
                                                 Business/ Personal Customer
Rs. 1,500/- per page
Rs. 750/-    per page
E-Statements (At any frequency) Free of charge
Foreign Currency Accounts Free of charge
2.5 Issuance of Duplicate Passbook/ FD Receipt (In case of lost )
Re-issuance of Passbook Rs. 300/-
Re-issuance of Fixed Deposit Receipt/ Savings certificates
(Smart investor, Smart Saver etc.)
Rs. 1,000/-
2.6 Confirmation of Account Balances - for Audit/ VISA Purposes etc.
Balance Confirmation Letters on Deposit / Loan Account Rs. 500/- per query
2.7 Preparation of Cash Orders
Same day 0.3%       Min. Rs. 2,500/-
Next working day 0.25%     Min. Rs. 2,500/-
Over the counter (More than 3 denominations) 0.3%       Min. Rs. 3,000/-
Transport Actual cost
Domestic Tariff - General Operations with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
3.0 General Operations Tariff
3.1 Issuance of Official Cheques (Pay orders/ Bank Drafts)
3.1.1 Issuance of Pay Orders/ Bank drafts (Unless special arrangements are made)
BOC Customer 0.06%        Min.- Rs. 200/-      Max.- Rs. 1,500/-
Non BOC Customer 0.06%        Min.- Rs. 500/-      Max.- Rs. 2,500/-
3.1.2 Issuance of Pay Orders in favour of Director General of Customs (DGC)
BOC Customer Rs. 250/-
Non BOC Customer Rs. 600/-
Online DGC payment Facility Free of Charge
3.1.3 Pay Order Cancellation
Cancellation with surrendering Pay Order Rs. 200/- per transaction
Cancellation without surrendering Pay Order Rs. 1,000/- per transaction
Re – Issuance of Pay Orders (with/ without surrendering P/O) Issuance fee as new Pay Order issuance
3.2 Standing Instructions
3.2.1 Standing Orders Registrations and Funds Transfers
Registration Rs. 100/-
Transfer to customers own Savings/ Current A/C /Credit Card within BOC Free of Charge
3.2.2 Standing Orders to Third Party BOC/ other Banks/ Institutions

Payment through system
Payment through pay order
Postage

Rs.50/- per payment
Rs. 150/- per payment
Actual postage will be applicable
3.2.3 Standing Order Cancellation
Lack of funds on 03 consecutive occasions Rs. 100/-
Un successful Payment ( within 03 days) Rs. 50/- per payment
3.3 Funds Transfers
3.3.1 Fund Transfers/ Payments – Through System
SLIPS – per file Rs. 15/-      per transaction      Min. Rs. 75/-
(05 items)
SLIPS – manually operated Rs. 20/-      per transaction      Min. Rs. 50/-
RTGS Rs. 1,000/- per transaction
CEFTS (Over the Counter/ Internet/ Mobile Banking) Rs. 50/-      per transaction
3.3.2 Manual Fund Transfers within BOC
Between Customer's own BOC Accounts Rs. 100/-    per transaction
To Third Party Account Rs. 200/-    per transaction
Payable over the counter (Mail Transfers) 0.30%        Min. Rs. 500/-      Max. Rs. 7,000/-
Frequent fund transfers and same day cash withdrawals 0.25%        Max. Rs. 4,000/-
3.4 Safe Deposit Lockers Rental Deposit            Annual Rent
Small Rs. 60,000/-                  Rs. 3,500/-
Medium Rs. 80,000/-                  Rs. 4,500/-
Large Rs. 100,000/-                Rs. 5,500/-
Extra Large Rs. 115,000/-                Rs. 6,500/-
Super Large Rs. 130,000/-                Rs. 7,500/-
Re-issuance of Keys (In case of Lost/ damage) Rs. 7,000/-
3.5 Utility Bill Payments
Ceylon Electricity Board Rs. 20/- per transaction
3.6 Collection Accounts
On Collection of Funds Refer relevant OICs/ Circular Letters
Funds transfer to other Bank
 
0.25%   per transfer/ Investment        
Min. Rs. 10,000/-
3.7 SMS Alerts Facility
Personal (Trading/ Non Trading) Accounts
                                        Up to 20 SMS
                                        21 - 75 SMS
                                        76 and more SMS

Rs. 10/-
Rs. 50/-
Rs. 100/-
Business Accounts
                                        Up to 200 SMS
                                        201 and more SMS

Rs. 100/-
Rs. 500/-
Domestic Tariff - Digital Banking Products with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
4.0 Digital Banking Products Tariff
4.1 Credit Cards
4.1.1 Joining Fees Principal            Supplementary
Platinum Rs.1,500/-            Rs.1,200/-
Titanium Rs.1,500/-            Rs.1,200/-
Master World Rs.1,500/-            Rs.1,200/-
Gold Rs.1,500/-            Rs.1,200/-
Classic Rs.1,000/-            Rs.750/-
Apsara N/A
BOC Shopping Card (Proprietary Card) Rs.200/-               Rs.200/-
4.1.2 Annual Fees Principal            Supplementary
Platinum Rs.3,000/-            Rs.1,500/-
Titanium Rs.2,000/-            Rs.1,000/-
Master World Rs.3,000/-            Rs.1,500/-
Gold Rs.2,000/-            Rs.1,000/-
Classic Rs.1,000/-            Rs.500/-
Apsara N/A
BOC Shopping Card (Proprietary Card) Rs.200/-               Rs.100/-
4.1.3 Other Fees and Charges
Temporary limit enhancement fee Rs.1,000/-
Limit enhancement fee Rs.500/-
Card reactivation fee for blocked cards Rs.1,000/-
Late payment fee Rs.900/-
Over limit fee Rs.600/-
SMS Alert Fee for Credit Card transactions Free of Charge
Cash advance fee 3.5 %                Min. Rs. 300/-
Lost card replacement fee Rs.500/-
PIN re-issue fee Rs.250/-
Overseas courier charges Rs.2,000/-
Credit Card confirmation letters issued for Visa purposes/ any other purposes Rs.1,000/-
Credit Card balance confirmation Letters to Other Banks/Auditors Rs.500/-
Issue of duplicate statement- card holder
              Fee per monthly statement up to 12 months
              Fee per monthly statement after 12 months

Rs.100/-
Rs.200/-
Issue of duplicate statement- merchant (hard copy)
(fee per daily statement)
              Up to 06 months
              06 months to 12 months
              Over 12 months


Rs.100/-              Max. Rs.5,000/-
Rs.200/-              Max. Rs.7,500/-
Rs.300/-              Max. Rs.10,000/-
Issue of duplicate statement- merchant (soft copy)
(fee per daily statement)
              Up to 03 months
              03 months to 06 months
              06 months to 12 months
              Over 12 months


Free of charge
Rs.100/-              Max. Rs.2,500/-
Rs.200/-              Max. Rs.5,000/-
Rs.300/-              Max. Rs.7,500/-
Interest Rate 2.25% Per Month
Interest on cash advance 2.25% Per Month
4.2 Debit Cards
Joining Fee (Excluding 14+, NRFC & Prestige C/A)
              Name Card
              No Name Card (First Card)

Rs.500/-
Free of charge
Annual Fee (Excluding 14+, NRFC & Prestige C/A) Rs.200/-
Renewal or Replacement Card Rs.300/-
Reactivation Fee of stopped cards Rs.50/-
Limit Enhancement Fee Rs.100/-
Debit card overseas use fee ATMs Rs. 500/-
4.3 ATM Services
4.3.1 Debit/ ATM Transactions performed on BOC ATMs
ATM Cash withdrawal fee Rs.5/-
ATM Balance Inquiry fee Free of charge
4.3.2 Debit/ ATM Transactions performed on LankaPay ATMs
ATM Cash withdrawal fee Rs.30/-
ATM Balance Inquiry Rs.7/50
4.3.3 Debit/ ATM Transactions performed on local Visa Master network
ATM cash withdrawal fee Rs.75/-
4.4 Internet Banking
Joining Fee                             Corporate Customers

                                                       Personal Customers
Rs.1,000/-
(Rs.500/- for each additional user when exceeding 3 users)
Free of charge
Annual Fee                             Corporate Customers
                                                       Personal Customer
Rs.2,000/-
Rs.500/-
Fund Transfers
CEFT - Internet Banking Rs.50/-
SLIPS - Internet Banking Rs.20/-
e-receipt confirmation from the Bank Rs.50/-

Domestic Tariff - Credit Operations with effect from 01 March 2019
(Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff)
5.0 Credit Operations Tariff
5.1 Service Charge for CRIB inquiry (Including Credit Information Bureau Charges)
Inquiry from CRIB               Personal & Business Customers
                                                        Corporate Customers
Rs. 300/- (Exempted for "Thurunudiriya" Loans)
Rs. 700/-
5.2 Credit Facilities (other than the Development Lending Schemes) - Processing of Application & Documentation Charges
Personal and Commercial (Term) Loans below Rs. 50,000/-
A.    Cash backed Security Rs. 150/-
B.    Other Collateral Rs. 250/-
Personal and Commercial (Term) Loans above Rs. 50,001/-
A.   Cash backed Security                    Personal
                                                                            Business & Corporate
0.5%            Max. Rs. 1,000/-
0.5%            Min. Rs. 1,000/-     Max. Rs. 10,000/-
B.  Other Collateral                                 Personal Customers
                                                                            Business Customers
0.8%            Min. Rs. 500/-               Max. Rs. 20,000/-
0.8%            Min. Rs. 5,000/-           Max. Rs. 100,000/-
Housing loans
(In addition to the actual expenses) i.e. Valuation/ Title etc.

                                          BOC Housing Loans
                                          Govt. Housing Loans

 

0.8%            Min. Rs. 1,000/-     Max. Rs. 25,000/-
0.8%            Min. Rs. 500/-         Max. Rs. 10,000/-

Pledge Loans 0.3%            Min. Rs. 10,000/-   Max. Rs. 200,000/-
Trust Receipts Loans 0.3%            Min. Rs. 25,000/-   Max. Rs. 250,000/-
Enhancement (Top-ups) Same as above
5.3 Credit Facilities under Development Lending Schemes
Credit Facilities of Rs. 100,000/- and below
A.    Processing of Application (Paid upfront)
B.    Documentation Charges

Rs. 250/-
Credit Facilities of Rs. 100,001/- and above
A.    Processing of Application (Paid upfront)
B.    Documentation Charges

Up to Rs. 1.0 Mn          0.5%        Min. Rs. 500/-
Rs. 1 Mn to Rs. 5 Mn  0.5%        Max. Rs. 12,500/-
Above Rs. 5 Mn            0.5%        Max. Rs. 20,000/-
5.4 Temporary Overdrafts
Personal, Business and Corporate Customers

 
Up to Rs. 499,999/-                                     Rs. 1,000/-
Rs. 500,000/- to Rs. 999,999/-              Rs. 2,000/-
Rs. 1,000,000/- to Rs. 4,999,999/-      Rs. 5,000/-
Rs 5,000,000/- and above                        Rs 10,000/-
5.5 BOC Leasing
Documentation & Service Charges (Up front) Up to 5 Mn               Rs. 5,000/-
Above 5 Mn             Rs. 10,000/-
Termination Fee Free of charge
5.6 Issuance of Local Guarantees
Against cash backed securities
(i.e. 100% cash in non interest bearing account/ Margin Account)
1% per annum
(0.25% per quarter or part thereof)
Minimum Rs. 3,000/-
Against cash backed securities
(i.e. 100% cash in interest bearing accounts - Savings/ FDs/ FC accounts etc.)
2% per annum
(0.5% per quarter or part thereof)
Minimum Rs. 3,000/-
Against Immovable Property (In addition to documentation charges) 2.5% per annum
(0.625% per quarter or part thereof)
Minimum Rs. 3,000/-
Personal Guarantee/ Indemnity (In addition to documentation charges) 3% per annum
(0.75% per quarter or part thereof)
Minimum Rs. 3,000/-
Amendment to the Guarantee Minimum Rs. 3,000/-
Renewal Same basis minimum Rs. 3,000/-
5.7 Early settlement Charges for BOC Personal & BOC Housing Loans
Within 3 years from the date loan granted
Above 3 years and up to 5 years
Above 5 years from the date loan granted
3% on balance outstanding
2% on balance outstanding
1% on balance outstanding