Customer Accounts and Deposits
| Accounts and Deposits - Maintenance Charges (Rs.) | |
|---|---|
| Closing a Savings Account | 500.00 |
| Dormant Account Maintenance Fee (Balance less than Rs. 5,000/- Quarterly) | 525.00 |
| Issue a Duplicate Passbook for Lost/Damaged Passbook | 500.00 |
| Issue Certificate for Lost FD Certificate | 1,500.00 |
| Issuance of Balance Confirmation Letters for Embassies, Auditors, Other Institutions (Not applicable for SANASA societies) | 800.00 |
| Computer Generated Account Statement (per page) | 300.00 |
| Retrieval of Past Records Over 12 Months (per occasion) | 550.00 |
| Standing Order Setup Charges | 550.00 |
| Subsequent Changes in Standing Order Instructions | 300.00 |
| Standing Order Cancellation Charge (New) | 300.00 |
| Change of Nomination | 550.00 |
| * Dormant Account Activation | 550.00 |
* The above-mentioned charges will be excluded for minor account
Cheque Related Transactions
| Cheque issuing charges (Except loan disbursement & 3rd party loan settlement) | Up to Rs. 100,000/- 550.00 |
| Over Rs. 100,000/- 1,500.00 | |
| Cheque cancellation charges | 300/- Peop/BOC/HNB charges |
| Cheque return charges | 550/- + postage +Peop/BOC/HNB charges |
| Cheque issuing - standing orders | 500/- + postage (only for other institutions) |
| Cheque issuing - remittance of interest on deposits held with SDB | 750/- (including postage) |
| Cheque purchasing charges - Government cheques only (salary remittance will be exempted from above charge) | Minimum of Rs. 1,250/- or 3% from the value of the cheque which ever more |
Debit Card, ATM Transactions and SMS Banking
| Fee Type | Charges (Rs) |
|---|---|
| Debit card fees | |
| Annual fee | 550.00 |
| Joining fee | 1,000.00 |
| Renewal fee | 550.00 |
| Pin re-issue fee | 300.00 |
| Lost card replacement fee | 1,250.00 |
| ATM Transaction fees | |
| Withdrawal | |
| SDB ATMs | 5.00 |
| Other all local banks ATMs | 30.00 |
| Balance inquiry fee | |
| SDB ATMs | FOC |
| Other local banks ATMs | 10.00 |
| Mini statement | |
| SDB ATMs | 10.00 |
| SMS Alert service | |
| SMS Joining fee | 350.00 |
| Annual fee | 350.00 |
SLIPS / CEFTS Transactions
| SLIPS (Rs) | CEFTS (Rs) | |
|---|---|---|
| Outward | 50.00 | 100.00 |
| Inward | FOC | FOC |
Advances
Documentation Charges on Loans (Including Renewals)
| Category (Rs) | Charges (Rs) | ||
|---|---|---|---|
| Individual, Society & Companies | Refinance & Interest subsidiary Loans | ||
| Societies | Individual & Companies | ||
| 50,001 - 100,000 | 2,000.00 | 5,000.00 | 5,000.00 |
| 100,0001 - 250,000 | 3,000.00 | ||
| 250,001 - 500,000 | 4,000.00 | ||
|
500,001 - 1,000,000 |
6,000.00 | 7,500.00 | 7,500.00 |
| 1,000,001 - 2,500,000 | 8,000.00 | 12,500.00 | 12,500.00 |
| 2,500,001 - 5,000,000 | 10,000.00 | 15,000.00 | 15,000.00 |
| 5,000,001 - 10,000,000 | 17,500.00 | 20,000.00 | 22,500.00 |
| 10,000,001 - 49,999,999 | 0.10% subject to a minimum of 25,000.00 | 0.10% subject to a minimum of 35,000.00 | 0.10% subject to a minimum of 40,000.00 |
| 50 Mn & above | 0.50% | 0.50% | 0.50% |
For Uththamachara loans Rs.2,000.00 will be applied for all Army KIA/MIA/DIA members’ new salary transfers, handle by SDB Head office through Army “Pay and Record” office at Panagoda.
Charges on Leasing & Hire Purchase
| Documentation Fees - Normal /* Promotional packages | Category | Fees Amount |
|---|---|---|
| 500,000 & Below | 6,500.00 | |
| 500,001 - 1,000,000 | 7,500.00 | |
| 1,000,001 - 5,000,000 | 12,500.00 | |
| 5,000,001 & above | 15,000.00 | |
| * Subject to decide according to package | ||
| Fee for issuing Duplicate Deletion | 3,000.00 | |
| Retrieval of Archived Documents (Archive box) | 1,500.00 | |
| Asset Replacement Fee | 15,000.00 | |
| RMV Processing Fee (For registered vehicles) | 3,000.00 | |
| RMV amendments processing fee | 4,000.00 | |
| Transfer and Amendments on priority | Processing fee + Professional fee (Approx. Rs. 15,000.00) | |
| Stamp Duty - Finance Leasing | 1% on total receivable | |
| Invoice Processing fee | 5,000.00 | |
| Due Date Change (On client request) | 5,000.00 | |
| Balance Confirmation ** | 750.00 | |
| Termination Letter | 1,000.00 | |
| Sale Price - Normal | 6,500.00 | |
| Rental Less than Rs. 10,000/= | 3,000.00 | |
| Letter confirming settlement | 500.00 | |
| No arrears letter | 500.00 | |
| Payment history | 1,000.00 | |
| Cheque return charges | 2,500.00 | |
| CRIB clearance letter | 1,000.00 | |
| * Administration fee | 2,500.00 | |
| Yard Administration fee | 5,000.00 | |
| RMV transfer fee for reprocess vehicle | RMV chargers + Professional fee (Approx. Rs. 15,000.00) | |
| RMV Processing Fee for reprocess vehicle | 1,000.00 | |
| Parking fee - M/bikes (for non-bonded vehicles) per month | 5,000.00 | |
| Parking fee - Cars, Vans & SUVs (for non-bonded vehicles) per month | 7,500.00 | |
| Parking fee - All other vehicles (for non-bonded vehicles) per month | 10,000.00 | |
* Applicable when refunding excess funds in terminated lease facilities if any
** Subject charge will be applicable for Lease and loan facilities
Processing charges on SME & Business loans (Apply to Corporate loans for registered Companies)
| Category (Rs) | SME Business Loans (Rs) |
|---|---|
| Up to 1,000,000 | 5,000.00 |
| 1,000,001 - 2,000,000 | 7,750.00 |
| 2,00,001 - 3,000,000 | 12,500.00 |
| 3,000,001 – 4,999,999 | 13,000.00 |
| Above 5,000,000 | 0.10% subject to minimum 15,000.00 |
Documentation charges on Cash Advances (applicable on new advances as well as on renewals)
| Category (Rs) | Charges (Rs) |
|---|---|
| Up to Rs 25,000.00 | 550.00 |
| Rs 25,001.00 - Rs 100,000.00 | 1,250.00 |
| Rs 100,001.00 - Rs 500,000.00 | 1,500.00 |
| 500,001.00 and above | 0.05% of the loans subject to minimum Rs.2,000.00 and maximum of Rs.10,000.00 |
*50% of the above-mentioned charges will be applicable to Co-Operative societies.
Commission on Bank Guarantee
| Category (Rs) | Charges (Rs) |
|---|---|
| Against cash | Minimum Rs 3,000.00 or 0.50% from value of Bank Guarantee and maximum of Rs.20,000.00 |
| Against other security | Minimum Rs 5,000.00 or 2.5% from value of Bank Guarantee |
Above charges will be applied on pro-rate basis p.a.
Transport charges on customer inspection (to be recovered from the customer)
| Distance in Kms | Amount | Approving Authority |
|---|---|---|
| Up to 19 Km |
2,500.00 |
BM/RM |
| 20 Km to 100 Km | 135/- per Km | RM |
| 100 Km to 200 Km | 135/- per Km | Segment Head |
Above 100 Km - Business Head/CEO with the recommendation of RM & Segment head
Charges for Enhancement/Top-up Loan Facilities
| Enhanced / Top-up Loan value (Rs.) | Charges (Rs.) |
|---|---|
| Up to 1,000,000 | 6,000.00 |
| 1,000,001 - 2,000,000 | 7,000.00 |
| 2,000,001 to 3,000,000 | 8,000.00 |
| 3,000,001 to 4,000,000 | 9,000.00 |
| 4,000,001 to 5,000,000 | 10,000.00 |
| Above 5,000,001 | 12,500.00 |
Lease and Loan Reschedule and Restructuring Charges
| Loan Amount | Status | Charges (Rs.) |
|---|---|---|
| Below Rs 500,000 to Rs 1,000,000 | Regular | 2,500.00 |
| Below Rs 500,000 to Rs 1,000,000 | NPL | 3,500.00 |
| Rs 1,000,001 to 2,500,000 | Regular | 7,500.00 |
| Rs 1,000,001 to 2,500,000 | NPL | 10,000.00 |
| Rs 2,500,001 to 10,000,000 | Regular | 12,500.00 |
| Rs 2,500,001 to 10,000,000 | NPL | 17,500.00 |
| Rs 10,000,001 and above | Regular | 20,000.00 |
| Rs 10,000,001 and above | NPL | 25,000.00 |
* 50% of the above charges will be applicable for all cash margin loans.
Loan Review Charges
Pension/ Salary backed loans (i.e. Personal, Upahara and Uththamachara)
| Description | Slab (Based on the loan outstanding) | Amount (Rs) |
|---|---|---|
| One-time charge to be applied only on floating rate loans where the rate of interest had been reduced post review | Below Rs 1,000,000 | 2,500.00 |
| Rs 1,000,001 to Rs 2,499,999 | 3,000.00 | |
| Rs 2,500,000 to Rs 4,999,999 | 4,000.00 | |
| Rs 5,000,000 to Rs 9,999,999 | 5,500.00 | |
| Rs 10,000,000 and above | 10,000.00 |
SME Co-operative and Other Loans (excluding cash-backed NPL)
| Description | Slab (Based on the loan outstanding) | Amount (Rs) |
|---|---|---|
| Annual charge to be applied considering the annual review based on the value on both fixed/ floating rate loans | Below Rs 1,000,000 | 3,000.00 |
| Rs 1,000,001 to Rs 2,499,999 | 3,500.00 | |
| Rs 2,500,000 to Rs 4,999,999 | 5,500.00 | |
| Rs 5,000,000 to Rs 9,999,999 | 10,000.00 | |
| Rs 10,000,000 and above | 12,500.00 |
Gold Loan
Document chargers.
| Description | Charges ( Per each loan facility |
|---|---|
| Up to 500,000/- (Per each loan facility) | 100.00 |
| 500,001.00 and above | 200.00 |
| Gold loan reminder chargers | 100.00 |
| Notice of demand | 150.00 |
Early settlement penalty (apply for both, part payments & payments)
Loan early settlement penalty (automated in ICBS)
| Period | Charges (Rs) |
|---|---|
| Less than 1 year to maturity | 1% of the outstanding capital |
| More than 1 year up to 2 years to maturity | 2% of the outstanding capital |
| More than 2 years up to 3 years to maturity | 3% of the outstanding capital |
| More than 3 years to maturity | 4% of the outstanding capital |
Note : Early settlement penalty is exempted for the following categories
- Enhance/top-up existing facilities by granting a new loan.
- Cash margin loans.
- Refinance loans.
- Loans in NPL category/pre-maturity settlements of NPL loans
| Penalty Charge | 2% per annum for the arrears after 5days. |
| Late Fee Charges | Loan interest for the arrears principal portion. |
| Loan/Lease Reminder Charges | 1st Reminder – No charge. Loan/Lease 2nd Reminder – Rs. 150.00 Pawning 2nd Reminder – Rs. 100.00 Pawning 3rd Reminder – Rs.100.00 |
| Fees on Business Banking facilities | |
|---|---|
| 50mn to 100mn | Minimum Rs.250,000.00 or 0.25% from facility amount whichever the higher |
| 100mn to 250mn | |
| 250mn 500mn | |
| 500mn above | Minimum 1,250,000 or 0.25 % from facility amount whichever the higher |
CRIB Charges (Lease & Loans)
| Category | Charges (Rs) |
|---|---|
| Corporate Clients | 1,000.00 |
| Individual Clients | 500.00 |
Legal Charges
| Service Type | Category | Charges from Customer (Rs) | For Panel Lawyers (Rs) |
|---|---|---|---|
| Title work | Credit facility from Rs 100,000 to Rs. 500,000 | 12,000.00 + VAT | 7,000.00 |
| Rs 500,000 to Rs 1,000,000 | 15,000.00 + VAT | 7,500.00 | |
| Over Rs 1,000,000 | 20,000.00 + VAT | 9,000.00 | |
| Preparation of mortgage bonds | 2,500.00 + VAT | ||
| Professional charges to execute mortgage bounds Professional charges to execute mortgage bounds | Less than Rs 100,000 | 6,000.00 + VAT | 5,000.00 |
| Rs 100,000 to Rs 1,500,000 | 1% + VAT | 50% of charges recovered from the customer (excluding VAT) | |
| Rs. 1,500,001 to Rs. 3,000,000 | 1.5% + VAT | 50% of charges recovered from the customer (excluding VAT) | |
| Rs. 3,000,001 and above | 1% + VAT and refund charges levied for title report | 50% of charges recovered from the customer (excluding VAT) | |
| Drafting and executing deeds of postponement/Deed of declarations/Deed of discharge/Deed of renunciation/deed of rectification/power of attorney | 18,000.00 + VAT | 15,000.00 | |
| In the case of double attestation | maximum charge up to Rs 6,000.00 + VAT | maximum charge up to Rs 5,000.00 | |
| Preparation and filling of documents in courts | Filling proxy (excluding court stamp fees) | 7,000.00 | 5,000.00 |
| Filling plaint, typing summons, fiscal papers and other documents (excluding court stamp fees) | 15,000.00 | 10,000.00 | |
| Photocopy charges | Without Photocopy bills | 5,000.00 | 5,000.00 |
| With Photocopy bills | Actuals (face value of the bills) | ||
| Postal stamp @ envelop fees | Without bills | 2,000.00 | |
| With bills | Actuals (face value of the bills) | ||
| Preparing plaint for filling cases | Case value up to Rs, 500,000 | 10,000.00 | |
| Case value above Rs, 500,001 | 12,000.00 | ||
| Drafting letters of demand Including postal charges (per loan inquiry) | Case value up to Rs, 500,000 | 3,000.00 | |
| Case value above Rs, 500,001 | 5,000.00 | ||
| Filling of declaration and lispendens | 10,000.00 | 7,500.00 | |
| Drafting & filing of answer/objections and replication | 10,000.00 | 7,500.00 | |
| Preparation of affidavit | 10,000.00 | 6,500.00 | |
| Preparation and filing of affidavit- Evidence of chief | 15,000.00 | 10,000.00 | |
| Preparation and filing of ex-party affidavit | 12,000.00 | 8,000.00 | |
| Filing motion/other documents for further steps | 5,000.00 | 3,000.00 | |
| Preparation and filling of written submission | 15,000.00 | 10,000.00 | |
| Preparation and filling list of witness (excluding stamp fees) | 10,000.00 | 7,500.00 | |
| Preparation and filling list of issues (excluding stamp fees) | 10,000.00 | 7,500.00 | |
| Cancellation of lispendens and releasing of documents (receipts to be produced for expenses) | 12,000.00 | 10,000.00 | |
| Preparation of settlement decree and filling in courts (a certified copy of decree and journal entry need to be produced along with the fee note) | 10,000.00 | 8,000.00 | |
| Preparation of decree, filling and servicing to the defendant (a certified copy of decree and journal entry need to be produced along with the fee note) | 10,000.00 | 8,000.00 | |
| Write application, preparing & filling writ papers (excluding stamp fees) (payments in receipt of execution of writs shall be made with prior approval of head of legal or regional legal officers) | Personal Guarantee | 7,500.00 | 5,000.00 |
| Mortgage including lispendens cancellation | 12,000.00 | 10,000.00 | |
| Court appearance ( If council is retained by panel lawyer for trail prior permission should be obtained from head of legal or regional officer regarding payments) | Per appearance for each case up to trial stage | 7,500.00 | 5,000.00 |
| Trial (If handled by panel lawyer) | 7,500.00 | 7,000.00 | |
| Branch Leases | (from customer excluding stamp fee) | 1.5% + VAT | |
| Perusing commercial agreements | (shared by both parties) | 25,000.00 + VAT | |
| Perusing and approving draft deeds/bank guarantees/power of attorney/moveable mortgages/stock mortgages | 10,000.00 | ||
| Issuing deeds and other legal formats | 10,000.00 + VAT | ||
| The maximum legal fee for executing and instrument of cancellation of mortgage | 5,000.00 + VAT | ||
Valuation Charges (For Panel of Valuers)
| Forced sale value | Charges (Rs) |
|---|---|
| Up to Rs 100,000 | 1,500 (minimum fee) |
| Over Rs 100,000 to Rs 1,000,000 | 150.00 per each Rs 100,000 |
| Over Rs 1,000,000 to Rs 10,000,000 | 1,250.00 per million |
| Over Rs 10,000,000 to Rs 20,000,000 | 1000.00 per million |
| Over Rs 20,000,000 to Rs 50,000,000 | 650.00 per million |
| Over Rs 50,000,000 to Rs 100,000,000 | 350.00 per million |
| Over Rs 100,000,000 | 200.00 per million |
Note : In addition to above , valuers are entitled to charge transportation expenses Rs. 135/- per Km maximum up to Rs. 10,000/-
E-Channeling Fee
| Category | Colombo Hospitals | Rs.295/- |
|---|---|---|
| Outstation Hospitals | Rs.120/- |
Charges On UPay & BIB
UPay Charges
| Fee Type | Charges (Rs) |
|---|---|
| SDB to SDB Fund transfer | FOC |
| SDB to other bank Fund transfer | 20.00 |
| Other Bank to other bank Fund transfer | 30.00 |
| Other Bank to SDB Fund transfer | 20.00 |
| Credit Card payments - SDB to other banks | 20.00 |
| Credit Card payments - Other Bank to other banks | 30.00 |
| Bill Payments - per transaction charge Below Rs. 5,000.00 | 30.00 |
| Bill Payments - per transaction charge above Rs. 5,000.00 | 40.00 |
BIB Charges
| Fee Type | Charges (Rs) |
|---|---|
| Annual Fee | FOC |
| Joining Fee | FOC |
| SDB to SDB Fund Transfer | FOC |
| SDB to Oher Bank Fund Transfer | 30.00 |
| Bill Payments - per transaction | 30.00 |
Safe Deposit Locker Operation
| Locker Size | Height | Width | Annual Rental | Down Payment |
|---|---|---|---|---|
| Small | 6 inches | 9 inches | Rs. 5,000.00 | SA Rs. 50,000.00 or FD 75,000.00 |
| Medium | 6 inches | 17.5 inches | Rs. 7,500.00 | SA Rs. 75,000.00 or FD 100,000.00 |
| Large | 12 inches | 17.5 inches | Rs. 10,000.00 | SA Rs.125,000.00 or FD 150,000.00 |
The down payment referred to above should be maintained in a savings account or FD over which a lien/hold should be placed throughout the period of rental.
Others
Tender and procurement charges
| Category | Charges (Rs) | |
|---|---|---|
| Tender supplier fee | Tender acceptance fee | |
| Below 10 Mn | 1,000.00 | 2,000.00 |
| Above 10 Mn | 2,000.00 | 5,000.00 |
* Above charges will be applicable for Leasing & Hire purchase as well.
Others
Tender and procurement charges
| Category | Charges (Rs) | |
|---|---|---|
| Tender supplier fee | Tender acceptance fee | |
| Below 10 Mn | 1,000.00 | 2,000.00 |
| Above 10 Mn | 2,000.00 | 5,000.00 |
* Above charges will be applicable for Leasing & Hire purchase as well.
- No. 12. Edmonton Road
Kirulapone
Colombo 06
Sri Lanka. - 011 5411 411