Rates & Tariffs
| Treasury Bill Rates | ||
|---|---|---|
|
TREASURY BILL RATES APPLICABLE FOR THE WEEK COMMENCING FROM 01.07.2022 |
||
| Term | Yield P.A | Price per Rs: 100/= |
|
03 Months (91 days) |
17.25% | 95.8658 (Subject to availability) |
|
06 Months (182 days) |
17.50% | 91.9540 (Not Availability) |
|
12 Months (364 days) |
17.75% |
84.9257 (Subject to availability) |
INTEREST RATES FOR RUPEE – FIXED DEPOSITS
|
W.E.F 05.05.2022 1. FIXED DEPOSITS |
|||
|
Term |
Interest Payment |
Rates Per Annum |
|
|
1 Month |
At Maturity |
13.50% |
|
|
3 Months |
At Maturity |
15.00% |
|
|
6 Months |
At Maturity |
14.75% |
|
|
1 Year |
At |
(General) |
|
|
Maturity (Revised) |
Senior Citizens
12.50% |
Senior Citizens*
15.00%* |
|
|
2 Years(Revised) |
At Maturity |
14.75% |
|
|
3 Years(Revised) |
At Maturity |
15.00% |
|
|
4 Years(Revised) |
At Maturity |
15.25% |
|
|
5 Years(Revised) |
At Maturity |
15.50% |
|
*Complying with the Interim Budget 2015, this Special Fixed Deposit Interest Scheme is applicable for Senior Citizens above 60 years of age. The maximum deposit is Rs. 1.5 Mln.
|
2. SEVEN DAYS CALL DEPOSIT |
|
|
Rate per Annum |
|
|
|
|
|
3. BOC Special Deposit Scheme |
|
This scheme has been terminated w.e.f. 31/01/2009 & existing deposit accounts should be renewed at prevailing 01 year fixed deposit (interest paid at maturity) interest rate on its maturity. |
|
|
||
|
|
Interest paid Monthly |
Interest paid Annually |
|
2 years |
14.00% |
14.50% |
|
3 years |
14.25% |
14.75% |
|
4 years |
14.50% |
15.00% |
|
5 years |
14.75% |
15.25% |
**Applicable only for existing Moving Rate Fixed Deposits.
|
5. SENIOR CITIZENS DEPOSIT SCHEME*** |
|
|
|
Rate per Annum |
|
2 Years Senior Citizen Interest Paid Monthly (Revised) |
14.75% |
***Applicable only for existing 2 Years Senior Citizen Interest Paid Monthly Deposits.
| INTEREST RATES FOR RUPEE – SAVINGS DEPOSITS (Effective from 12th April 2022) | ||||
| 1. SAVINGS CERTIFICATE (Applicable only for existing Savings Certificate Deposits) | ||||
| Face Value | Selling Price | |||
| Term | 6 Months | 12 Months | 24 Months | |
| Yield p.a. | 5.00% | 6.00% | 7.00% | |
| Rs.; | Rs. | Rs. | Rs. | |
| 200.00 | 196.00 | 189.00 | 176.00 | |
| 500.00 | 488.00 | 472.00 | 439.00 | |
| 1,000.00 | 976.00 | 944.00 | 878.00 | |
| 5,000.00 | 4,879.00 | 4,717.00 | 4,386.00 | |
| 10,000.00 | 9,757.00 | 9,434.00 | 8,772.00 | |
| 25,000.00 | 24,391.00 | 23,585.00 | 21,930.00 | |
| 50,000.00 | 48,781.00 | 47,170.00 | 43,860.00 | |
| 100,000.00 | 97,561.00 | 94,340.00 | 87,720.00 | |
| 2. SAVINGS DEPOSIT ACCOUNT | ||||
| Ordinary Savings | 3.00% p.a. | |||
| Samurdhi Investment | 3.25% p.a. | |||
| 18 + Youth Savings Account Scheme | 3.50% p.a. | |||
| 14 + Teenagers' Savings Account Scheme | 4.00% p.a. | |||
| Kantha Ran Ginum | 3.50% p.a. | |||
| Ran Kekulu Ginum | 4.50% p.a. | |||
| Staff Voluntary Savings | 3.50% p.a. | |||
| Senior Citizens Savings | 4.00% p.a. | |||
| 3. OTHER DEPOSIT SCHEMES | ||||
| National Pension Scheme | now suspended | |||
| National Endowment Scheme | now suspended | |||
*** Deposit liabilities have been insured with the Sri Lanka Deposit Insurance Scheme implemented by the Monetary Board on payment of applicable premium for compensation up to a maximum of Rs. 600,000 per depositor.
Important Notes
Senior Citizens shall mean persons who are over Sixty (60) years of age at the time of accepting or renewal of a deposit.
|
INTEREST RATES FOR FOREIGN CURRENCY SAVINGS DEPOSITS - W.E.F 01.01.2022 |
|||
|
CURRENCY |
PFCA/ DFA /RGFCA/ IIA |
BFCA/OIA |
|
|
U S DOLLARS |
2.00% |
0.75% |
|
|
STERLING POUNDS |
1.25% |
0.75% |
|
|
EURO |
0.40% |
0.25% |
|
|
JAPANESE YEN |
0.01% |
0.01% |
|
|
AUSTRALIAN DOLLARS |
1.00% |
0.50% |
|
|
NEW ZEALAND DOLLARS |
1.50% |
1.50% |
|
|
SWISS FRANCS |
0.40% |
0.40% |
|
|
CANADIAN DOLLARS |
0.50% |
0.50% |
|
|
SINGAPORE DOLLARS |
0.25% |
0.25% |
|
|
CHINESE RENMINBI |
1.25% |
1.25% |
|
INTEREST RATES FOR FOREIGN CURRENCY FIXED DEPOSITS - W.E.F 01.01.2022
|
RATES OF INTEREST FOR PFCA/ DFA /IIA and SFNFDA FIXED DEPOSITS |
||||||
|
U S DOLLARS - Revised |
PERIOD |
|||||
|
1 MONTH |
3 MONTHS |
6 MONTHS |
12 MONTHS |
12 MONTHS MONTHLY |
12 MONTHS QUARTERLY |
|
|
6.42% |
6.45% |
6.50% |
6.61% |
6.42% |
6.45% |
|
|
RATES OF INTEREST FOR PFCA FIXED DEPOSITS EXCEEDING ONE YEAR PERIOD |
|||
|
U S DOLLARS - Revised |
MONTHLY |
ANNUALLY |
AT MATURITY |
|
2 YEAR |
6.42% |
6.61% |
6.83% |
|
3 YEAR |
6.42% |
6.61% |
7.06% |
|
4 YEAR |
6.42% |
6.61% |
7.29% |
|
5 YEAR |
6.42% |
6.61% |
7.54% |
|
|
|||
|
RATES OF INTEREST FOR PFCA/ DFA /IIA and SFNFDA FIXED DEPOSITS |
||||||
|
STERLING POUNDS - Revised |
PERIOD |
|||||
|
1 MONTH |
3 MONTHS |
6 MONTHS |
12 MONTHS |
12 MONTHS MONTHLY |
12 MONTHS QUARTERLY |
|
|
3.50% |
4.50% |
4.75% |
5.00% |
3.50% |
4.5%* |
|
*Minimum Deposit amount of GBP 50,000 is required where interest is paid monthly or quarterly.
|
EURO - Revised |
PERIOD |
||||
|
1 Month |
3 Months |
6 Months |
12 Months |
||
|
3.50% |
4.50% |
4.75% |
5.00%** |
||
|
JAPANESE YEN |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 1,000,000 |
0.01% |
0.01% |
0.01% |
0.01% |
|
|
Over 1,000,001 |
0.01% |
0.01% |
0.01% |
0.01%** |
|
|
AUSTRALIAN DOLLARS - Revised |
PERIOD |
||||
|
1 Month |
3 Months |
6 Months |
12 Months |
||
|
3.50% |
4.50% |
4.75% |
5.00%** |
||
|
NEW ZEALAND DOLLARS |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 10,000 |
2.50% |
2.75% |
2.90% |
3.00% |
|
|
Over 10,001 |
2.60% |
2.85% |
3.00% |
3.10%** |
|
|
SWISS FRANCS |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 10,000 |
0.70% |
0.80% |
0.90% |
1.00% |
|
|
Over 10,001 |
1.00% |
1.05% |
1.10% |
1.25% ** |
|
|
CANADIAN DOLLARS |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 10,000 |
1.75% |
1.80% |
1.90% |
2.00% |
|
|
Over 10,001 |
1.90% |
1.95% |
2.15% |
2.25%** |
|
|
SINGAPORE DOLLARS |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 10,000 |
0.50% |
0.85% |
1.05% |
1.25% |
|
|
Over 10,001 |
0.90% |
1.10% |
1.30% |
1.50%** |
|
|
CHINESE RENMINBI |
PERIOD |
||||
|
Amount |
1 Month |
3 Months |
6 Months |
12 Months |
|
|
Up to 50,000 |
1.50% |
2.00% |
2.25% |
2.50% |
|
|
Over 50,001 |
2.00% |
2.50% |
3.00% |
3.25%** |
|
** Applicable for 3 year fixed deposits where interest is paid annually.
|
RATES OF INTEREST FOR BFCA and FCBU FIXED DEPOSITS |
||||
|
CURRENCY |
PERIOD |
|||
|
1 MONTH |
3 MONTHS |
6 MONTHS |
12 MONTHS |
|
|
U S DOLLARS- Revised |
6.42% |
6.45% |
6.50% |
6.61% |
|
STERLING POUNDS- Revised |
3.50% |
4.50% |
4.75% |
5.00% |
|
EURO - Revised |
3.50% |
4.50% |
4.75% |
5.00% |
|
AUSTRALIAN DOLLARS - Revised |
3.50% |
4.50% |
4.75% |
5.00% |
RATES OF INTEREST FOR BFCA FIXED DEPOSITS EXCEEDING ONE YEAR PERIOD
|
U S DOLLARS - Revised |
||
|
PERIOD |
AT MATURITY |
|
|
2 YEAR |
6.83% |
|
|
3 YEAR |
7.06% |
|
|
4 YEAR |
7.29% |
|
|
5 YEAR |
7.54% |
|
|
|
||
|
RATES OF INTEREST FOR PFCA/ DFA***/IIA/ SFNFDA/ BFCA AND FCBU 7 DAY CALL DEPOSITS |
||
|
CURRENCY |
INTEREST RATE |
|
|
USD - U S DOLLARS |
0.25% |
|
|
GBP - STERLING POUNDS |
0.25% |
|
|
EUR - EURO |
0.05% |
|
|
JPY - JAPANESE YEN |
0.005% |
|
|
AUD - AUSTRALIAN DOLLARS |
0.25% |
|
|
NZD - NEW ZEALAND DOLLARS |
1.50% |
|
|
CHF - SWISS FRANCS |
0.25% |
|
|
CAD - CANADIAN DOLLARS |
0.50% |
|
|
SGD - SINGAPORE DOLLARS |
0.25% |
|
|
CNY - CHINESE RENMINBI |
0.75% |
|
*** DFA 7 Day Call deposits interest rates are applicable only for accounts opened or to be opened in USD, GBP and EUR.
- The revised interest rates are based on Monetary Law Act order No 03 of 2021 issued on 30th December 2021 by Monetary Board of Central Bank of Sri Lanka.
Personal Loans
- Revised ROIs will be applied only for new loans granted from the effective date (12.04.2022).
- No personal loan facilities will be granted with fixed ROI scenario
- ROI for all personal loans will be based on quarterly AWPLR
|
Personal Loans |
|
|
BOC Personal Loan Scheme |
Quarterly AWPLR + 4.00% p.a. subject to floor rate of 22.00% p.a. * |
|
BOC Special Personal Loan Scheme |
Quarterly AWPLR + 3.50% p.a. subject to floor rate of 20.50% p.a. * |
|
"BOC Abhimana" - Government Pensioners Loan Sch |
Quarterly AWPLR + 3.0 % p.a. subject to floor rate of 21.50 % p.a. * |
* Subject to review at the beginning of each quarter
|
Housing Loans |
|||
|
BOC Housing Loan |
|||
|
Type of the Housing Loan/ Eligible Amount |
Repayment Period |
Variable ROI |
Fixed ROI |
|
Aggregate Housing Loan amount up to Rs. 5.0 Mn |
Up to 5 Years |
Quarterly AWPLR+ 3.0% (Floor rate of 18.00 %) |
- |
|
Maximum up to 10 Years |
- |
||
|
BOC Housing Loan |
Up to 10 Years |
Quarterly AWPLR+ 3.25% |
- |
|
Above 10 Years |
Quarterly AWPLR+ 3.50% |
- |
|
|
Special Housing Loan |
Up to 10 Years |
Quarterly AWPLR+ 3.00% |
- |
|
Above 10 Years |
Quarterly AWPLR+ 3.25% |
- |
|
|
Floor Rate |
19.00% |
N/A |
|
|
|
|||
|
Educational Loans |
|||
|
Comprehensive Educational Loan |
Up to 5 Years - |
||
|
Leasing |
Min Rate ( % ) |
Max Rate ( % ) |
|
|
Motor Vehicle - Unregistered |
18.50% |
22.00% |
|
|
Motor Vehicle Registered |
20.50% |
22.75% |
|
|
Machinery |
20.00% |
22.00% | |
|
Development Loans |
||
|
Min Rate % |
Max Rate % |
|
|
Agriculture/ Agri Processing/ Animal Husbandry & Fisheries |
8.50% |
26.75% |
| Tourism/ Construction | 22.75% | 28.75% |
| Other Industry/ Plantation | 21.75% | 27.00% |
|
Trading/Consumption/Services & Others |
8.50% |
29.00% |
|
Self Employment |
8.50% |
26.75% |
* Government and other institutions funded credit schemes are available at lower rate starting from 2.0 % p.a.
|
Other Loans and Advances |
Min Rate ( % ) |
Max Rate ( % ) |
|
Pawning |
20.00% |
20.00% |
|
Credit Cards |
30.00% |
30.00% |
|
Unsecured Overdrafts |
28.00% |
30.00% |
|
Bill Discounting - Local |
28.00% |
28.00% |
|
Export Loans |
21.50% |
23.75% |
|
Import Loans |
26.25% |
32.00% |
Conditions Apply
| Domestic Tariff - Digital Banking Products | with effect from 24 March 2022 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| 4.1 Credit Cards | |
| 4.1.1 Joining Fees | Principal Supplementary |
| Platinum | Rs.1,500/- Rs.1,200/- |
| Titanium | Rs.1,500/- Rs.1,200/- |
| Master World | Rs.1,500/- Rs.1,200/- |
| Gold | Rs.1,500/- Rs.1,200/- |
| Classic | Rs.1,000/- Rs.750/- |
| 4.1.2 Annual Fees | Principal Supplementary |
| Platinum | Rs.3,000/- Rs.1,500/- |
| Titanium | Rs.2,000/- Rs.1,000/- |
| Master World | Rs.3,000/- Rs.1,500/- |
| Gold | Rs.2,000/- Rs.1,000/- |
| Classic | Rs.1,000/- Rs.500/- |
| 4.1.3 Other Fees and Charges | |
| Temporary limit enhancement fee | Rs.1,000/- |
| Limit enhancement fee | Rs.500/- |
| Card reactivation fee for blocked cards | Rs.1,000/- |
| Late payment fee | Rs.900/- |
| Over limit fee | Rs.600/- |
| SMS Alert Fee for Credit Card transactions | Free of Charge |
| Cash advance fee | 3.5 % Min. Rs. 300/- |
| Government Stamp duty |
Rs. 25/- for every part of Rs. 1000/- (Mechant settlement country other than Sri Lanka) |
| Lost card replacement fee | Rs.500/- |
| PIN re-issue fee | Rs.250/- |
| Overseas courier charges | Rs.2,000/- |
| 4.1.3 Other Fees and charges- Cont'd | |
| Credit Card confirmation letters issued for Visa purposes/ any other purposes | Rs.1,000/- |
| Credit Card balance confirmation Letters to Other Banks/Auditors | Rs.500/- |
|
Issue of duplicate statement- card holder Fee per monthly statement up to 12 months Fee per monthly statement after 12 months |
Rs.100/- Rs.200/- |
| Interest Rate | 30.00% Per Annum |
| Interest on cash advance | 30.00% Per Annum |
| Domestic Tariff - Current Accounts | with effect from 01 March 2019 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| Nature of Transaction | Tariff |
| 1.1 Monthly Service Charge : For both credit & debit balances | |
| Corporate Customer - Monthly Minimum Balance < Rs 250,000/- | Rs. 2,000/- per month |
| Business Customer - Monthly Minimum Balance < Rs 15,000/- | Rs. 1,000/- per month |
| Personal Customer (Trading) - Monthly Minimum Balance < Rs 7,500/- | Rs. 500/- per month |
| Personal Customer (Non Trading) Monthly Minimum Balance < Rs 7,500/- | Rs. 200/- per month |
| 1.2 Minimum O/D Interest (Will be applicable if the amount overdrawn falls below the minimum balance requirement) | |
| Corporate Customer - Monthly Minimum Balance < Rs 250,000/- | Rs. 1,500/- per month |
| Business Customer - Monthly Minimum Balance < Rs 15,000/- | Rs. 1,000/- per month |
| Personal Customer (Trading) - Monthly Minimum Balance < Rs 7,500/- | Rs. 250/- per month |
| Personal Customer (Non Trading) - Monthly Minimum Balance < Rs 7,500/- | Rs. 200/- per month |
| 1.3 Outward Cheque Returns – Inward Clearing (Charges to drawer - Paying Bank) | |
| Due to Lack of Funds (Cash/ Clearing) | Rs. 2,500/- |
| Effects Not Realized | Rs. 750/- |
|
Technical Reasons (except Bank faults/ lapses) [CRN Codes - 14,50,51,52,53,54,55,56,57,58,59,60,62,63] |
Rs. 200/- |
|
Cheque Return Notification Charges – (CRN)
|
|
| 1.4 Inward Cheque Returns - Outward Clearing | |
|
Cheque Return Notification Charges (CRN) – Outward Cheques [CRN Codes 1,2,10,12,13,50,59,61,63,64,65 & 66] Postage |
Rs. 100/- Actual charge |
| 1.5 Request of Archived Physical Cheque/ Image | |
|
Physical Cheque Through CCD/ Sub Unit Direct from LCPL (Lanka Clear Pvt. Ltd.) Colombo City Greater Colombo Outstation North & East |
Rs. 350/- Rs. 400/- Rs. 650/- Rs. 950/- Rs. 1,250/- |
|
Images Within 1st Month 02 to 06 Months Over 06 Months |
Rs. 40/- Rs. 70/- Rs. 100/- |
| 1.6 Stop Payments (Corporate/ Business/ Personal Customers) | |
| Funds available at the time of request | Rs. 500/- per chq |
| Funds not available at the time of request | Rs. 3,500/- per chq |
| Lost cheque book or part | Rs. 2,500/- per chq. book |
| 1.7 Current Account Statements – Per month | |
| Daily Statements | Rs. 2,500/- |
| Weekly Statements | Rs. 1,500/- |
| Monthly Statements | Free of charge |
| E-Statements (Any frequency) | Free of charge |
| 1.8 Duplicate Copies of Statements (Printed copies) | |
| Within 06 years | Rs. 250/- per page |
| Over 06 Years | Rs. 1,500/- per page |
| E- Statements (Any frequency) | Free of charge |
| 1.9 Cheques Purchasing | |
| Local Cheques Purchased |
0.75% of Transaction Amount Min. Rs. 1,500/- |
|
Salary Cheques drawn by The Government of Sri Lanka (Central Government Accounts) |
No charge |
| 1.10 Cheque Marking For Payment | |
| (a) Inward (As Paying Bank) | Rs. 2,500/- |
| (b) Outward (As Collecting Bank) | 0.15% Min. Rs. 3,000/- |
| 1.11 Cost of Cheque Books | |
| 25 leaves | Rs. 375/- |
| 50 leaves | Rs. 750/- |
| Continuous Cheque Leaves |
Per Cheque Leaf Rs. 15/- + Actual Printing Charges |
| Postage | Actual cost |
| 1.12 Closure of Current Accounts | |
| Corporate Customer | Rs. 1,500/- |
| Business/ Personal Customer | Rs. 750/- |
| 1.13 Preparation of Cash Orders | |
| Same day | 0.3% Min. Rs. 2,500/- |
| Next working day | 0.25% Min. Rs. 2,500/- |
| Over the counter (More than 3 denominations) | 0.3% Min. Rs. 3,000/- |
| Transport | Actual cost |
| 1.14 Confirmation of Account Balances | |
| Balance confirmation letters | Rs. 500/- per query |
| Domestic Tariff - Savings and Time Accounts | with effect from 01 March 2019 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| Nature of Transaction | Tariff |
| 2.1 Monthly Service Charge: (Based on the Average Balance maintained) | |
| Ordinary Savings/ Mudaraba Savings < Rs. 1,500/- | Rs. 25/- per month |
| Other Savings Schemes (Except all Minor A/Cs) < Rs. 500/- | Rs. 25/- per month |
| Ordinary Savings Non Personal < Rs. 10,000/- | Rs. 25/- per month |
|
Islamic Banking Savings Products < Rs. 1,500/- (Except all Minor A/Cs) |
Rs. 25/- per month |
| Ran Ulpatha | Free of charge |
| 2.2 Closure of Accounts | |
| Savings Account Closure | Rs. 100/- |
| 2.3 Savings Account Statements | |
| Monthly | Free of charge |
| Daily Corporate/ Business/ Personal Customer | Rs. 2,500/- per month |
|
Weekly Corporate Customer Business/ Personal Customer |
Rs. 1,500/- per month Rs. 1,000/- per month |
| E-Statements at any frequency (SmartGen Accounts) | Free of charge |
| 2.5 Issuance of Duplicate Passbook/ FD Receipt (In case of lost ) | |
| Re-issuance of Passbook | Rs. 300/- |
|
Re-issuance of Fixed Deposit Receipt/ Savings certificates (Smart investor, Smart Saver etc.) |
Rs. 1,000/- |
| 2.6 Confirmation of Account Balances - for Audit/ VISA Purposes etc. | |
| Balance Confirmation Letters on Deposit / Loan Account | Rs. 500/- per query |
| 2.7 Preparation of Cash Orders | |
| Same day | 0.3% Min. Rs. 2,500/- |
| Next working day | 0.25% Min. Rs. 2,500/- |
| Over the counter (More than 3 denominations) | 0.3% Min. Rs. 3,000/- |
| Transport | Actual cost |
| Domestic Tariff - General Operations | with effect from 01 March 2019 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| 3.0 General Operations | Tariff |
| 3.1 Issuance of Official Cheques (Pay orders/ Bank Drafts) | |
| 3.1.1 Issuance of Pay Orders/ Bank drafts (Unless special arrangements are made) | |
| BOC Customer | 0.06% Min.- Rs. 200/- Max.- Rs. 1,500/- |
| Non BOC Customer | 0.06% Min.- Rs. 500/- Max.- Rs. 2,500/- |
| 3.1.2 Issuance of Pay Orders in favour of Director General of Customs (DGC) | |
| BOC Customer | Rs. 250/- |
| Non BOC Customer | Rs. 600/- |
| Online DGC payment Facility | Free of Charge |
| 3.1.3 Pay Order Cancellation | |
| Cancellation with surrendering Pay Order | Rs. 200/- per transaction |
| Cancellation without surrendering Pay Order | Rs. 1,000/- per transaction |
| Re – Issuance of Pay Orders (with/ without surrendering P/O) | Issuance fee as new Pay Order issuance |
| 3.2 Standing Instructions | |
| 3.2.1 Standing Orders Registrations and Funds Transfers | |
| Registration | Rs. 100/- |
| Transfer to customers own Savings/ Current A/C /Credit Card within BOC | Free of Charge |
| 3.2.2 Standing Orders to Third Party BOC/ other Banks/ Institutions | |
|
Payment through system |
Rs.50/- per payment Rs. 150/- per payment Actual postage will be applicable |
| 3.2.3 Standing Order Cancellation | |
| Lack of funds on 03 consecutive occasions | Rs. 100/- |
| Un successful Payment ( within 03 days) | Rs. 50/- per payment |
| 3.3 Funds Transfers | |
| 3.3.1 Fund Transfers/ Payments – Through System | |
| SLIPS – per file |
Rs. 15/- per transaction Min. Rs. 75/- (05 items) |
| SLIPS – manually operated | Rs. 20/- per transaction Min. Rs. 50/- |
| RTGS | Rs. 400/- per transaction |
| CEFTS (Over the Counter/ Internet/ Mobile Banking) | Rs. 50/- per transaction |
| 3.3.2 Manual Fund Transfers within BOC | |
| Between Customer's own BOC Accounts | Rs. 100/- per transaction |
| To Third Party Account | Rs. 200/- per transaction |
| Payable over the counter (Mail Transfers) | 0.30% Min. Rs. 500/- Max. Rs. 7,000/- |
| Frequent fund transfers and same day cash withdrawals | 0.25% Max. Rs. 4,000/- |
| 3.4 Safe Deposit Lockers | Rental Deposit Annual Rent |
| Small | Rs. 60,000/- Rs. 3,500/- |
| Medium | Rs. 80,000/- Rs. 4,500/- |
| Large | Rs. 100,000/- Rs. 5,500/- |
| Extra Large | Rs. 115,000/- Rs. 6,500/- |
| Super Large | Rs. 130,000/- Rs. 7,500/- |
| Re-issuance of Keys (In case of Lost/ damage) | Rs. 7,000/- |
| 3.5 Utility Bill Payments | |
| Ceylon Electricity Board | Rs. 20/- per transaction |
| 3.6 Collection Accounts | |
| On Collection of Funds | Refer relevant OICs/ Circular Letters |
|
Funds transfer to other Bank |
0.25% per transfer/ Investment Min. Rs. 10,000/- |
| 3.7 SMS Alerts Facility | |
|
Personal (Trading/ Non Trading) Accounts Up to 20 SMS 21 - 75 SMS 76 and more SMS |
Rs. 10/- Rs. 50/- Rs. 100/- |
|
Business Accounts Up to 200 SMS 201 and more SMS |
Rs. 100/- Rs. 500/- |
| Domestic Tariff - Digital Banking Products | with effect from 23 March 2022 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| 4.0 Digital Banking Products | Tariff |
| 4.1 Credit Cards | |
| 4.1.1 Joining Fees | Principal Supplementary |
| Platinum | Rs.1,500/- Rs.1,200/- |
| Titanium | Rs.1,500/- Rs.1,200/- |
| Master World | Rs.1,500/- Rs.1,200/- |
| Gold | Rs.1,500/- Rs.1,200/- |
| Classic | Rs.1,000/- Rs.750/- |
| Apsara | N/A |
| BOC Shopping Card (Proprietary Card) | Rs.200/- Rs.200/- |
| 4.1.2 Annual Fees | Principal Supplementary |
| Platinum | Rs.3,000/- Rs.1,500/- |
| Titanium | Rs.2,000/- Rs.1,000/- |
| Master World | Rs.3,000/- Rs.1,500/- |
| Gold | Rs.2,000/- Rs.1,000/- |
| Classic | Rs.1,000/- Rs.500/- |
| Apsara | N/A |
| BOC Shopping Card (Proprietary Card) | Rs.200/- Rs.100/- |
| 4.1.3 Other Fees and Charges | |
| Temporary limit enhancement fee | Rs.1,000/- |
| Limit enhancement fee | Rs.500/- |
| Card reactivation fee for blocked cards | Rs.1,000/- |
| Late payment fee | Rs.900/- |
| Over limit fee | Rs.600/- |
| SMS Alert Fee for Credit Card transactions | Free of Charge |
| Cash advance fee | 3.5 % Min. Rs. 300/- |
| Government Stamp duty |
Rs. 25/- for every part of Rs. 1000/- (Mechant settlement country other than Sri Lanka) |
| Lost card replacement fee | Rs.500/- |
| PIN re-issue fee | Rs.250/- |
| Overseas courier charges | Rs.2,000/- |
| Credit Card confirmation letters issued for Visa purposes/ any other purposes | Rs.1,000/- |
| Credit Card balance confirmation Letters to Other Banks/Auditors | Rs.500/- |
|
Issue of duplicate statement- card holder Fee per monthly statement up to 12 months Fee per monthly statement after 12 months |
Rs.100/- Rs.200/- |
|
Issue of duplicate statement- merchant (hard copy) (fee per daily statement) Up to 06 months 06 months to 12 months Over 12 months |
Rs.100/- Max. Rs.5,000/- Rs.200/- Max. Rs.7,500/- Rs.300/- Max. Rs.10,000/- |
|
Issue of duplicate statement- merchant (soft copy) (fee per daily statement) Up to 03 months 03 months to 06 months 06 months to 12 months Over 12 months |
Free of charge Rs.100/- Max. Rs.2,500/- Rs.200/- Max. Rs.5,000/- Rs.300/- Max. Rs.7,500/- |
| Interest Rate | 30.00% Per Annum |
| Interest on cash advance | 30.00% Per Annum |
| 4.2 Debit Cards | |
|
Joining Fee (Excluding 14+, NRFC & Prestige C/A) Name Card No Name Card (First Card) |
Rs.500/- Free of charge |
| Annual Fee (Excluding 14+, NRFC & Prestige C/A) | Rs.200/- |
| Renewal or Replacement Card | Rs.300/- |
| Reactivation Fee of stopped cards | Rs.50/- |
| Limit Enhancement Fee | Rs.100/- |
| Debit card overseas use fee ATMs | Rs. 500/- |
| 4.3 ATM Services | |
| 4.3.1 Debit/ ATM Transactions performed on BOC ATMs | |
| ATM Cash withdrawal fee | Rs.5/- |
| ATM Balance Inquiry fee | Free of charge |
| 4.3.2 Debit/ ATM Transactions performed on LankaPay ATMs | |
| ATM Cash withdrawal fee | Rs.30/- |
| ATM Balance Inquiry | Rs.7/50 |
| 4.3.3 Debit/ ATM Transactions performed on local Visa Master network | |
| ATM cash withdrawal fee | Rs.75/- |
| 4.4 Internet Banking | |
|
Joining Fee Corporate Customers Personal Customers |
Rs.1,000/- (Rs.500/- for each additional user when exceeding 3 users) Free of charge |
|
Annual Fee Corporate Customers Personal Customer |
Rs.2,000/- Rs.500/- |
| Fund Transfers | |
| CEFT - Internet Banking | Rs.50/- |
| SLIPS - Internet Banking | Rs.20/- |
| e-receipt confirmation from the Bank | Rs.50/- |
| Domestic Tariff - Credit Operations | with effect from 01 March 2019 |
| (Taxes and Levies imposed by the Government of Sri Lanka may be applicable in addition to this Tariff) | |
| 5.0 Credit Operations | Tariff |
| 5.1 Service Charge for CRIB inquiry (Including Credit Information Bureau Charges) | |
|
Inquiry from CRIB Personal & Business Customers Corporate Customers |
Rs. 300/- (Exempted for "Thurunudiriya" Loans) Rs. 700/- |
| 5.2 Credit Facilities (other than the Development Lending Schemes) - Processing of Application & Documentation Charges | |
| Personal and Commercial (Term) Loans below Rs. 50,000/- | |
| A. Cash backed Security | Rs. 150/- |
| B. Other Collateral | Rs. 250/- |
| Personal and Commercial (Term) Loans above Rs. 50,001/- | |
|
A. Cash backed Security Personal Business & Corporate |
0.5% Max. Rs. 1,000/- 0.5% Min. Rs. 1,000/- Max. Rs. 10,000/- |
|
B. Other Collateral Personal Customers Business Customers |
0.8% Min. Rs. 500/- Max. Rs. 20,000/- 0.8% Min. Rs. 5,000/- Max. Rs. 100,000/- |
|
Housing loans (In addition to the actual expenses) i.e. Valuation/ Title etc. BOC Housing Loans Govt. Housing Loans |
0.8% Min. Rs. 1,000/- Max. Rs. 25,000/- |
| Pledge Loans | 0.3% Min. Rs. 10,000/- Max. Rs. 200,000/- |
| Trust Receipts Loans | 0.3% Min. Rs. 25,000/- Max. Rs. 250,000/- |
| Enhancement (Top-ups) | Same as above |
| 5.3 Credit Facilities under Development Lending Schemes | |
|
Credit Facilities of Rs. 100,000/- and below A. Processing of Application (Paid upfront) B. Documentation Charges |
Rs. 250/- |
|
Credit Facilities of Rs. 100,001/- and above A. Processing of Application (Paid upfront) B. Documentation Charges |
Up to Rs. 1.0 Mn 0.5% Min. Rs. 500/- Rs. 1 Mn to Rs. 5 Mn 0.5% Max. Rs. 12,500/- Above Rs. 5 Mn 0.5% Max. Rs. 20,000/- |
| 5.4 Temporary Overdrafts | |
|
Personal, Business and Corporate Customers |
Up to Rs. 499,999/- Rs. 1,000/- Rs. 500,000/- to Rs. 999,999/- Rs. 2,000/- Rs. 1,000,000/- to Rs. 4,999,999/- Rs. 5,000/- Rs 5,000,000/- and above Rs 10,000/- |
| 5.5 BOC Leasing | |
| Documentation & Service Charges (Up front) |
Up to 5 Mn Rs. 5,000/- Above 5 Mn Rs. 10,000/- |
| Termination Fee | Free of charge |
| 5.6 Issuance of Local Guarantees | |
|
Against cash backed securities (i.e. 100% cash in non interest bearing account/ Margin Account) |
1% per annum (0.25% per quarter or part thereof) Minimum Rs. 3,000/- |
|
Against cash backed securities (i.e. 100% cash in interest bearing accounts - Savings/ FDs/ FC accounts etc.) |
2% per annum (0.5% per quarter or part thereof) Minimum Rs. 3,000/- |
| Against Immovable Property (In addition to documentation charges) |
2.5% per annum (0.625% per quarter or part thereof) Minimum Rs. 3,000/- |
| Personal Guarantee/ Indemnity (In addition to documentation charges) |
3% per annum (0.75% per quarter or part thereof) Minimum Rs. 3,000/- |
| Amendment to the Guarantee | Minimum Rs. 3,000/- |
| Renewal | Same basis minimum Rs. 3,000/- |
| 5.7 Early settlement Charges for BOC Personal & BOC Housing Loans | |
|
Within 3 years from the date loan granted Above 3 years and up to 5 years Above 5 years from the date loan granted |
3% on balance outstanding 2% on balance outstanding 1% on balance outstanding |
| Penal Interest not exceeding 200 basis point p.a. for the arreas capital (Except Pawning & Credit Cards) | |
International Tariff
