Our Wakala Term Investments offer you an attractive profit share feature, where profits are based on the tenure starting from 1 month to 60 months. Your profits will be paid at maturity or monthly as per your preference. Any amount above Rs. 50,000/= could be invested in this product for which there won't be any 'Opening Fee'. A wakeel fee of 0.12% p.a. is deducted as a maintenance fee from the investment amount, and is subject to a ceiling of Rs.1000.00. This amount will be deducted from your very first profit payment. You are also eligible for a Deposit Insurance Coverage of a maximum of up to Rs.1,100,000.00 based on the amount invested.
Anticipated Rates of Return;
Period |
| Normal |
|
| Senior |
| ||
Monthly | A.E.R | Maturity | A.E.R | Monthly | A.E.R | Maturity | A.E.R | |
1 Months |
|
| 6.70% | 6.91% |
|
| 6.70% | 6.91% |
50 Days |
|
| 6.70% | 6.90% |
|
| 6.70% | 6.90% |
3 Months | 6.75% | 6.96% | 7.00% | 7.19% | 6.75% | 6.96% | 7.00% | 7.19% |
6 Months | 7.00% | 7.23% | 7.25% | 7.38% | 7.00% | 7.23% | 7.25% | 7.38% |
1 Year | 7.75% | 8.03% | 8.00% | 8.00% | 8.25% | 8.57% | 8.50% | 8.50% |
15 Months | 8.00% | 8.30% | 8.65% | 8.56% | 8.50% | 8.84% | 9.15% | 9.05% |
18 Months | 8.25% | 8.57% | 8.90% | 8.71% | 8.75% | 9.11% | 9.40% | 9.19% |
2 Years | 9.00% | 9.38% | 9.75% | 9.32% | 9.50% | 9.92% | 10.25% | 9.77% |
3 Years | 9.25% | 9.65% | 10.25% | 9.35% | 9.75% | 10.20% | 10.75% | 9.77% |
4 Years | 9.25% | 9.65% | 10.25% | 8.97% | 9.75% | 10.20% | 10.75% | 9.35% |
5 Years | 9.75% | 10.20% | 11.00% | 9.16% | 10.25% | 10.75% | 11.50% | 9.51% |
Effective Date : 01st September 2025
Want to know more?
Contact us today
Restrictions on opening an account/ closing an account/ transfer of funds by customers:
- Investors of age below 18 years (minors) are not allowed to open investment accounts. However minor investments are accepted along with a guardian as a joint depositor.
- If the age of the investor is below 18 years, the investment cannot be withdrawn until the minor account holder attains the age of maturity.
- A Power-of-Attorney is required for investments made by Sri Lankans who reside abroad.
- Sri Lankans who do not hold a valid NIC/PP are not eligible.
- Foreigners who do not hold residence visas in Sri Lanka are not eligible.
- In the event of premature withdrawal, the applicable profit rate will be decided by the management at their sole discretion.
- Contract Law
- Directions & Circulars of Central Bank
Policies and procedures on dormant accounts and abandoned properties:
- Abandoned investments will follow the standard legal procedure (nominees/beneficiaries will be entitled).
- Abandoned investments will be reported to the Central Bank of Sri Lanka as per the regulatory requirements.
