Senior Citizens Savings Account

LOLC Finance's Senior Citizens Savings Account has been designed to empower senior citizens to independently carry out their financial transactions with confidence, dignity and ease. With its high returns, it is ideal for those who live in retirement and others who prefer a convenient method of keeping track of their savings. The Senior Citizens Savings Account caters specifically for citizens over the age of 55 years to provide them with the best financial care. Account holders are offered higher rates of interest than those offered in other categories of Savings Accounts.

Benefits at a glance :

  • No opening fee or monthly fee with a minimum deposit of LKR 1,000/- 
  • Interest calculated daily and credited monthly 
  • Free unlimited withdrawals & deposits with Standing Order facility
  • Free ATM card, which can be used at any Commercial Bank ATM centre
  • Maestro international debit card for a nominal free 
  • Facility to transfer funds to other financial institutions


Senior Citizens Fixed Deposits 

The Senior Citizens Fixed Deposits offers maximum benefits for those over 55 years of age. Complement your carefree yet active retirement when you open a fixed deposit account at LOLC Finance and let your hard-earned savings give you the desired returns so that you can do what you have always planned. Account holders are offered higher rates of interest than those offered in other categories of Fixed Deposit Accounts and are eligible for all the benefits offered to Senior Citizens by the company.

Features at glance : 

  • Sri Lankans over 55 years of age can open individual or joint term deposits with a minimum deposit of LKR 5,000/- 
  • High rates with superior returns 
  • Deposits can be maintained individually or jointly (both account holders have to be senior citizens)
  • Interest can be collected monthly, at maturity or annually
  • MediCalls Emergency Care membership – Free

General Enquiries:
Phone : +94 11 588 0880
Fax : +94 11 286 5606
Email :
Address : 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, Sri Lanka.