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FAQ

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How can you earn interest for 3 months and 6 months Fixed Deposit?

At maturity.

Do I loose on the exchange at the other end?

No, by default the system identifies the countries currency and your withdrawal will be issued in the countries currency.

Got a question about Seylan Ihalin Ihala Savings?

Here are some of the most common questions asked frequently

Can Tikiri accounts be opened jointly?

These accounts will be opened in the name of the child. Joint accounts will not be permitted.

Is the guardian’s consent letter mandatory to convert / withdraw the Tikiri account balance after minor attains majority?

  • No. The A/c holder can operate the account by him/herself on providing the required documents such as original birth certificate, NIC etc.

What are the documents required to open a FCAISPE under employer category?

A letter from the Commissioner General of Inland Revenue confirming that the employer is qualified for income tax exemption under Inland Revenue Act No. 10 of 2006 as amended.

How much do I have to pay as mortgage bond charges?

Up to Rs 3 mio Rs 30,000 (additional amount 0.5% thereafter)

What is the difference between a NRFC Savings Account and a NRFC Fixed Deposit?

At the time of placing the Fixed Deposit, amount, time period and interest rate will be agreed and it will not be changed until maturity. For a NRFC savings account you can deposit at any time and can withdraw at any time. If there is an interest change it will be applicable for the account.