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About Premier Savings
LB Finance Premier Savings Account is designed for customers who want a premium savings experience with flexible access, digital banking convenience, and tiered interest rates based on daily balance.
Interest is calculated daily and capitalized at the end of the month, helping customers grow their savings while maintaining access to their funds. Customers also receive access to VISA-enabled debit cards, ATM withdrawals, POS transactions, and transfer facilities.
- Tiered interest rates calculated on the daily balance.
- Interest accrued daily and capitalized monthly.
- VISA-enabled debit card access.
- ATM withdrawals locally and internationally.
- SLIPS and CEFTS transfer facilities available.
Why Save with LB Finance?
Enjoy a premium savings solution with digital banking access, debit card convenience, and interest calculated on your daily balance
- Tiered Interest Benefits
- Earn interest based on your daily balance, with interest capitalized at month end.
- Convenient Debit Card Access
- Use a VISA-enabled debit card for ATM withdrawals and POS transactions.
- Local and International ATM Access
- Withdraw funds through LankaPay-enabled ATMs locally and VISA-enabled ATMs internationally.
- Free Standing Orders and Direct Debits
- Set up internal standing orders and direct debits free of charge.
- CBSL-Regulated Deposit Protection
- Deposits are protected up to Rs. 1,100,000 based on the amount deposited.
Who Can Open This Account?
- Individuals aged 18 years or above.
- Sri Lankans with a valid NIC or Passport.
- Foreigners with a valid residence visa in Sri Lanka.
- Customers who can maintain the minimum balance of Rs. 10,000.
- Customers who require a premium savings account with digital transaction access.
Legal Provision
- Contract Law
- Directions & Circulars of Central Bank
- Policies and procedures on dormant accounts and abandoned properties
- Savings accounts with no transactions for a one-year period are classified as Dormant Accounts.
- A duly filled Dormant Account Activation Form along with identity confirmation are required to reactivate a dormant account.
Documents You'll Need
- Valid National Identity Card or Passport.
- Proof of current residential address.
- Residence visa for foreign applicants.
- Completed account opening forms.
- Any additional documents requested by LB Finance.
Rates
| Account Balance | Interest Rate (P.A).. |
| Above Rs. 300,000.00 | 7.00% |
| 299,999.99 - 100,000.00 | 6.00% |
| Less Than Rs. 99,999.99 | 4.00% |
Effective Date : 12th November 2025
Sri Lanka Deposit Insurance Scheme (SLDIS) Information: SLDIS's web
For more information, please visit the following link: SLDIS's FAQs
How to Apply in 3 Simple Steps
1
Apply Online or Visit Branch
Start your application online or visit any LB Finance branch.
2
Submit Documents
Provide your NIC or Passport, proof of address, and any supporting documents
3
Make Initial Deposit & Start Saving
Deposit Rs. 10,000 or more to activate your Premier Savings Account.
Frequently Asked Questions
The minimum balance requirement is Rs. 10,000.
Tiered interest rates apply, and interest is calculated on the daily balance. Interest is capitalized at the end of the month.
Yes. VISA-enabled debit cards are available
There is no opening fee. CEFTS and SLIPS fees apply, and ATM withdrawals are subject to transaction fees.
Need help?
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