Senior Citizens to receive higher FD interest rates

17 February 2025 12:30 pm Views - {{hitsCtrl.values.hits}} 15 Bookmark

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The Budget 2025 allocates Rs. 15 billion for higher interest rates to senior citizens.

President Anura Kumara Dissanayake in the budget speech said senior citizens will received a fixed deposit interest rate that is 3 percent above the market rate. This will be capped at a maximum deposit of Rs. 1 million.

Comments - 15

Grace Monday, 17 February 2025 01:20 PM

Many Senior Citizens have already invested in FD. Will they get 3% interest?

1 24

Piyasiri Tuesday, 18 February 2025 10:09 AM

Be contended. Greediness is very bad! Don't expect the accurete pound of flesh always!!

2 1

Bushel Monday, 17 February 2025 01:54 PM

What they hell make it tax free.

1 18

Age Monday, 17 February 2025 02:45 PM

What is the age for being counted as a senior citizen... 60 or more than that? Please clatify...

1 11

noff Monday, 17 February 2025 03:13 PM

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7 7

This is reality Monday, 17 February 2025 04:00 PM

Just Rs.2500/= extra per month for a one and only FD of Rs.1 mn and that too from July. WOW senior citizens can live in luxury henceforth.

1 15

Lawry Tuesday, 18 February 2025 05:43 AM

Totally unjust and unfair. Given the current cost of living it is peanuts. Before the economic crisis, when the rupee value was high, the interest was 15% for a maximum of 1.5 million invested. Government pensioners get 3000 without investing. Please amend at debate

0 6

B P Monday, 17 February 2025 05:15 PM

Earlier one was straightforward 15%. This time it is just 3% more. More from what?

0 9

Lala Monday, 17 February 2025 06:02 PM

What happened to promised 5% before elections, now it is 3%. One million Cap ?

0 11

A.G.R.Silva Monday, 17 February 2025 08:26 PM

I am 82 plus with no pension and was making ends meet with difficulty when I received 15PC for 15lakhs with no tax.Now it will be 11 PC for 10 lakhs with 10pc withholding tax. What a let down for the pensionless elders.

2 17

Dr. Dee esquire Tuesday, 18 February 2025 05:15 AM

Vote again for NPP at the local elections, it might further come down!

2 1

Kanchana Mudalige Wednesday, 19 February 2025 05:11 AM

They must amend the budget proposal so that interest for seniors to be at least 15% for 15 laks. That is what they used to have.

0 0

Lawry Tuesday, 18 February 2025 05:44 AM

Totally unjust and unfair. Given the current cost of living it is peanuts. Before the economic crisis, when the rupee value was high, the interest was 15% for a maximum of 1.5 million invested. Government pensioners get 3000 without investing. Please amend at debate

0 2

Fernando frank Tuesday, 18 February 2025 05:50 AM

I am a senior citizen 72. I am dissapointed. Can't make ends meet.

0 3

N.Canags Tuesday, 18 February 2025 02:32 PM

Trying to make ends meet is not greediness, it's an essential requirement.

0 0

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