The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.
| Deposit | Maturity Rates | Monthly Rates | ||
|---|---|---|---|---|
| Period | Rate % p.a | Annual Effective Rate % | Rate % p.a | Annual Effective Rate % |
01 Month |
5.50 |
5.64 |
– | – |
03 Months |
6.00 |
6.14 |
– | – |
04 Months |
6.25 |
6.38 |
– | – |
06 Months |
6.50 |
6.61 |
– | – |
07 Months “Lucky 7” |
6.50 |
6.59 |
– | – |
12 Months |
6.75 |
6.75 |
6.50 |
6.70 |
15 Months |
7.00 |
6.94 |
– | – |
24 Months |
7.50 |
7.24 |
6.50 |
6.70 |
36 Months |
8.00 |
7.43 |
6.50 |
6.70 |
48 Months |
8.50 |
7.59 |
6.50 |
6.70 |
60 Months |
9.00 |
7.71 |
6.50 |
6.70 |
84 Months |
9.50 |
7.56 |
– | – |
120 Months |
10.00 |
7.18 |
– | – |
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