S M I B

The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.

 Monday – Friday : 8:30am – 3:30pm 

 1922 

 info@smib.lk 

 සිං  |  தமி

Uplift your life by saving wisely in the right place! Maximize Returns, Minimize Limits – Higher returns with the freedom to withdraw at your convenience.

Open an account at SMIB

Achieve your financial aspirations. Start your journey with SMIB

FEATURES AND BENEFITS SECTION

Special Savings Product offers competitive interest rates based on slabs to maximize savings potential.

Interest Rate

Min Rs.

Max Rs.

Interest rate (Per Annum)

0

4,999

0%

5,000

25,000

4%

25,001

250,000

5%

250,001

500,000

7%

500,001

Above

8.50%


  • Attractive interest rates are based on your daily balance.
  • SMIB Max Saver account can be opened with an initial deposit of Rs. 1,000.
  • A balance of Rs. 5,000 should be maintained to be eligible for interest income.
  • Flexibility to earn higher interest as savings increase.
  • Ability to nominate an account beneficiary.
  • Interest is calculated on the daily balance and credited monthly.
  • Greater flexibility to withdraw any number of times without any interest penalties.

Eligibility

  • A Sri Lankan citizen over 18 years of age.
  • A citizen of Sri Lanka holding a valid National Identity Card or passport.


What do I need to apply?

  • A duly completed application form.
  • An initial deposit of LKR 1000.
  • Proof of identity – National Identity Card / Passport / Driving License.
  • Copy of a recent utility bill/bank statement to establish residential address

Conditions apply
For more information, visit our nearest SMIB Branch or (Phone icon) 1922



Loan Calculator

Read More  

Savings Deposits Rates

Read More 

Applications & Forms

Read More 



TERMS & CONDITIONS

  • The interest rates offered on accounts are subject to change based on prevailing market conditions. The bank reserves the right to adjust these rates accordingly without prior notice.
  • A deduction of LKR 25 will apply to accounts maintaining a balance below LKR 500. This fee will be charged monthly to the respective accounts falling below the minimum balance requirement.
  • An account holder must maintain a minimum balance of LKR 5,000 to be eligible for accruing interest income. Failure to maintain this minimum balance may result in the account not qualifying for interest earnings for that period.
  • Interest is calculated based on the daily account balance and credited to the account monthly. The interest rate applied will be following the bank’s prevailing rates.
  • Account holders enjoy greater flexibility as there are no penalties or reductions in interest for making any number of withdrawals within a specified period. This allows you to access your funds as needed without impacting the interest earned.
  • A passbook will be issued.
  • Normal savings-related charges/fees will be applicable.

Leave a comment

Please leave your details and any comments or inquiries you may have in the form below. Our attentive team will review your message and assist you soon.

RELATED PRODUCTS

Regular Savings

With SMIB Savings Account, your money grows while you enjoy great perks! It's the one account that keeps giving, with...

Read More  

SMIB Apoorva

Take the first step towards financial independence with the SMIB Apoorva Ladies Account. A dedicated savings account designed exclusively for...

Read More  

MuthuSina - Children's Savings

The "MuthuSina" Children's Savings account gives your child an excellent opportunity to learn the importance of saving money. Empower your...

Read More  

Sarani

Minor Savings : Teach your children to save and prepare for the future. Sarani : Encourages the right saving behavior...

Read More  

How Can We Help

Rates & Charges

Savings Deposits Rates

 

Visit Us In

No. 269, Galle Road, Colombo 03, Sri Lanka.

Call Us To

General: 011-7722722-3

Fax/Phone: 011-2575031

Subscribe us & receive latest updates

By subscribing to SMIB, you can stay updated with the latest information about our services and become eligible for exciting benefits.