CA 45th National Conference

Chartered Accountant logo

Special Tailor-made Financial Solutions from MBSL for CA Members and Participants of the CA 45th National Conference - October 2024

Leasing

Key Features & Benefits

  • Hassle free leasing solutions
  • Attractive interest rates
  • Personalized customer service
  • Flexible repayment options that suits customer's repayment capacity and cash flows can best structured (maximum 6 years).
  • Minimum documentation
  • Online Valuation service (Valuation will be done by the company)
  • Door-Step Service

Personal Loan

Attractive Interest rate for maximum 7 years for following purposes

  • House repairs, renovations and adding an extension
  • Purchase of household furniture, equipment etc.,
  • Vehicle purchase and repairs
  • Educational expenses
  • Purchase of professional tools and equipment
  • Overseas travel and leisure expenses
  • Wedding expenses
  • Redeem Debts
  • Other Personal requirements

Term Loan

Key Features & Benefits

  • Attractive interest rates
  • Minimum loan disbursement period
  • Repayment terms up to 7 years
  • Speedy customer Service

Solar Loan in collaboration
Hayleys Fentons Limited

  • Term Loan - Maximum 7 years at attractive interest rates
  • Personal Loan - Maximum 5 years at attractive interest rates

Short Term Loan

This product is mainly focused for business segment to assist their Short-term financial requirements. During the tenor of the period client is required to pay the Interest due for the month and the capital may be paid during the period. However total borrowed should be paid within a period of 2 years.

Key Features & Benefits

  • Attractive interest rates.
  • Minimum loan disbursement period.
  • Repayment terms up to 2 years
  • Speedy customer service

Rates for Normal Customers

Effective Date : 1-Sep-2024

Period (Month) Monthly Maturity
Rate AER Rate AER
1 - - 7.75% 8.03%
50 Day - - 7.75% 8.01%
3 8.00% 8.30% 8.25% 8.51%
100 Day - - 8.25% 8.50%
6 8.25% 8.57% 8.50% 8.68%
200 Day - - 8.50% 8.66%
300 Day - - 9.00% 9.07%
12 8.75% 9.11% 9.25% 9.25%
15 9.00% 9.38% 10.00% 9.88%
18 9.00% 9.38% 10.25% 10.00%
24 9.25% 9.65% 10.75% 10.23%
36 9.50% 9.92% 11.25% 10.18%
48 9.65% 10.09% 11.75% 10.11%
60 9.75% 10.20% 12.50% 10.20%

Rates for Senior Citizens

Period (Month) Monthly Maturity
Rate AER Rate AER
1 - - 7.75% 8.03%
50 Day - - 7.75% 8.01%
3 8.00% 8.30% 8.25% 8.51%
100 Day - - 8.25% 8.50%
6 8.25% 8.57% 8.50% 8.68%
200 Day - - 8.50% 8.66%
300 Day - - 9.00% 9.07%
12 9.50% 9.92% 10.00% 10.00%
15 9.50% 9.92% 10.50% 10.37%
18 9.50% 9.92% 10.75% 10.48%
24 9.75% 10.20% 11.25% 10.68%
36 10.00% 10.47% 11.75% 10.59%
48 10.15% 10.64% 12.25% 10.48%
60 10.25% 10.75% 13.00% 10.53%

Savings Account Rates

Savings Accounts - Personal / Non Personal / Staff
Normal Savings 3.75%
Bonus Savings - (25% bonus Interest (Interest on Interest)) 4.50%
"Sashreeka" Women's Savings 4.75%
"Achara" Senior Citizen Savings 7.00%
Higher Saver Account - Personal / Non Personal / Staff
Account Balance LKR.1,000.00 - LKR 9,999.00 4.25%
Account Balance LKR.10,000.00 - LKR 24,999.00 5.25%
Account Balance LKR.25,000 & above 7.00%
Minor's Savings Accounts
Punchi Minor's Savings 5.00%
Punchi Star Minor's Savings 6.00%