Service Charges, Fees and Commissions
Service Charges, Fees and Commissions - Tamil PDF
Service Charges, Fees and Commissions - Sinhala PDF
Service Charges, Fees and Commissions - English PDF
The Charges are w.e.f 14.08.2026
A - Savings Account
| Sl | Particular of service (s) | SBI | |||||
|---|---|---|---|---|---|---|---|
| Periodicity | Amount (LKR)[accounts maintained in local currency] |
Amount (USD)[accounts maintained in FYC currency] |
|||||
| 1.1 | Issue of new/ continuation passbook | - | Free | Free | |||
| 1.2 | Issue of duplicate passbook | Per instance | 500 | 5 | |||
| 1.3 | Issue of printed statement (s) | Per instance | Upto 5 pages - LKR 250/- LKR 50/- for each additional page |
Upto 5 pages - USD 4/- USD 0.50 for each additional page |
|||
| 1.4 | Non-maintenance of minimum balance [monthly basis] | Monthly | 500 | 2 | |||
| 1.5 | Closure of account | Per instance | 500 | 5 | |||
| 1.6 | Inoperative Account Maintenance charges | Yearly | 1000 | 10 | |||
B- Current Account
| Sl | Particular of service (s) | SBI | ||||
|---|---|---|---|---|---|---|
| Periodicity | Amount (LKR) | Amount (USD) | ||||
| 2.1 | Issue of monthly statement | |||||
| 2.1.1 | First statement | - | Nil | Nil | ||
| 2.1.2 | Duplicate statement for the month | Per instance | Upto 5 pages - LKR 250/- LKR 50/- for each additional page |
Upto 5 pages - USD 4/- USD 0.50 for each additional page |
||
| 2.2 | Non-maintenance of minimum balance (per month) | |||||
| 2.2.1 | Business account [monthly basis] | Monthly | 500 | 10 | ||
| 2.2.2 | Personal account [monthly basis] | Monthly | 200 | 5 | ||
| 2.3 | Closure of current account | |||||
| 2.3.1 | For bad conduct | Per instance | 2,000 | 10 | ||
| 2.3.2 | On customer’s request | Per instance | 1,000 | 7 | ||
| 2.3.3 | Charges for non-return of undelivered cheques (per leaf) |
Per instance | 100 | 3 | ||
| 2.4 | Cheque Book issue charges (per leaf) | Per instance | 40 | NA | ||
| 2.5 | Handling charges for inward Cheque Return | Per instance | ||||
| Rupee cheque handling charges | 500 | NA | ||||
| USD cheque handling charges | LKR Equivalent to USD 5/- | 5 | ||||
| 2.6 | Outward Cheque Return Charges | NA | ||||
| 2.6.1 | Refer to Drawer | Per instance | 4,000 | |||
| 2.6.2 | Effects not realised | Per instance | 2,500 | |||
| 2.6.3 | Technical reasons | Per instance | 100 | |||
| 2.6.4 | Other reasons | Per instance | 250 | |||
| 2.7 | Stop Payment Instructions | NA | ||||
| 2.7.1 | Per cheque Leaf | Per instance | Account without funds - LKR 4000 Account with funds - LKR 2000 |
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| 2.7.2 | Cancellation of Stop payment | Per instance | 500 | |||
| 2.8 | Account Maintenance charges (per annum) | |||||
| 2.8.1 | Retail [annual basis] | Yearly | 250 | 5 | ||
| 2.8.2 | Corporate [annual basis] | Yearly | 2000 | 15 | ||
| 2.9 | Inoperative Account Maintenance charges | Yearly | 2000 | 15 | ||
C - Other Matters
| Sl | Particular of service (s) | Periodicity | Amount (LKR) | Amount (USD) | |
|---|---|---|---|---|---|
| 3.1 | Balance confirmation | ||||
| 3.1.1 | On Bank’s own format | Per instance | 500 | 7 | |
| 3.1.2 | On specific format requested by customer | Per instance | 3,000 | 20 | |
| 3.2 | Inquiries on documents/ vouchers (SB/ CA) | ||||
| 3.2.1 | Less than 1 year period | Per instance | 750 | 5 | |
| 3.2.2 | 1 year and more | Per instance | 1,500 | 10 | |
| 3.3 | Pay Orders/ Demand Drafts | N/A | |||
| 3.3.1 | Issuance | ||||
| a- LKR 1 to LKR 100,000 | Per instance | 350 | |||
| b- LKR 100,001 to LKR 1,000,000 | Per instance | 950 | |||
| c- More than LKR 1,000,000 | Per instance | 1,200 | |||
| 3.3.2 | Cancellation | Per instance | 300 | ||
| 3.4 | Standing Instructions | ||||
| 3.4.1 | Registration of Standing Instruction | Per instance | 250 | 10 | |
| 3.4.2 | Execution of SI | ||||
| a- Within the Bank | Per instance | Free | Free | ||
| b- Outside the Bank | Per instance | 150 | 5 | ||
| 3.4.3 | Cancellation of Standing Instructions | Per instance | 150 | 5 | |
| 3.4.4 | Amendments to Standing Instructions | Per Instance | 150 | 5 | |
| 3.5 | SMS alert | - | Free | Free | |
| 3.6 | ATM charges | ||||
| 3.6.1 | Issue of New/ Replacement VISA EMV Card |
Per instance | 500 | USD equivalent to LKR 500/- | |
| 3.6.2 | Issue of Duplicate ATM card | Per instance | 1000 | USD equivalent to LKR 1000/- | |
| 3.6.3 | Regeneration of PIN1 | Per instance | 500 | USD equivalent to LKR 500/- | |
| 3.6.4 | Annual fee | 250 | USD equivalent to LKR 250/- | ||
| 3.7 | Internet Banking | Free | Free | ||
| 3.8 | Inter-Bank transfers | N/A | |||
| 3.8.1 | SLIPS transfer | Per instance | 50 | ||
| 3.8.2 | RTGS transfer | Per instance | 800 | ||
| 3.8.3 | CEFT transfer | ||||
| Over the Counter | Per instance | 100 | |||
| Internet Banking | Per instance | 25 | |||
| 3.9 | Signature/ Document Attestation charges | ||||
| 3.9.1 | Customers | Free | Free | ||
| 3.9.2 | Non-Customers (per instance) | Per instance | 750 | 10 | |
| 3.10 | ATM Transactions at another Bank ATM | ||||
| 3.10.1 | Cash withdrawal | Per instance | 30 | ||
| 3.10.2 | Balance enquiry | Per instance | 7.5 | ||
| 3.10.3 | Outside Sri Lanka | ||||
| SBI ATM | Per instance | 200 | |||
| Other Bank ATM | Per instance | 400 | |||
| Charges applicable w.e.f 15.01.2025 ( charges updated on 13.12.2024) | |||||
| 3.11 | Locker Charges | ||||
| Size of the Locker | Annual Rent | Fixed Deposit | |||
| 3.11.1 | Small | 4,000.00 | 60,000.00 | ||
| 3.11.2 | Medium | 6,000.00 | 85,000.00 | ||
| 3.11.3 | Large | 7,500.00 | 150,000.00 | ||
Charges applicable w.e.f 15.01.2025
A- Remittances
| Particular of service (s) | Periodicity | Amount | ||||
|---|---|---|---|---|---|---|
| 4.1 | Inward remittances | Commission | CHIPS | |||
| 4.1.1 | To LKR accounts | Per instance | LKR 500/- | |||
| 4.1.2 | To Foreign Currency Account | Per instance | USD 6 | USD 5 | ||
| 4.2 | Foreign Currency Drafts & TTs | |||||
| 4.2.1 | Issuance | Commission | Foreign Bank charges | Swift Charges | ||
| a- Upto USD 1000/- | Per instance | USD 10 | USD 6 | USD 10 | ||
| b- USD 1001/- and upto USD 10000/- | Per instance | USD 15 | USD 6 | USD 10 | ||
| c- USD 10001 and above | Per instance | USD 20 | USD 6 | USD 10 | ||
| Fee and Commission shall not exceed 3% of the rupee value of the OTT involving a rupee conversion | ||||||
| 4.2.2 | Cancellation charges | Per instance | 50% of the issue charges | |||
| 4.3 | INR Outward Remittance | |||||
| Issuance | Commission | Swift Charges | ||||
| a- Upto USD 1000/- | Per instance | USD 10 | USD 2 | |||
| b- USD 1001/- and upto USD 10000/- | Per instance | USD 15 | USD 2 | |||
| b- USD 10001 and above | Per instance | USD 20 | USD 2 | |||
| Fee and Commission shall not exceed 3% of the rupee value of the OTT involving a rupee conversion | ||||||
B- Trade Services ( For LKR accounts )
Trade Service charges - English PDF (w.e.f 15.01.2025)
Trade Service charges - Tamil PDF (w.e.f 15.01.2025)
C - Trade Services (For Foreign Currency accounts)
Trade Service charges - Tamil PDF (w.e.f 22.07.2025)
Trade Service charges - English PDF (w.e.f 22.07.2025)
Trade Service charges - Sinhala PDF (w.e.f 22.07.2025)
Trade Service charges - English PDF (w.e.f 15.01.2025)
Trade Service charges - Tamil PDF (w.e.f 15.01.2025)
Advances & Allied Matters
A- For services other than sanction of credit facilities
| Sl | Particular of service (s) | Amount | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Interchangeability between limits | 0.01% of the limit, minimum USD 200/- max. USD 2,000/- | ||||||||||||||
| 2. | Ceding of Charge on Assets | 0.01% of the limit, minimum USD 200/- max. USD 2,000/- | ||||||||||||||
| 3. | Approval for Mergers & Acquisitions | 0.05% of the limit, minimum USD 1000/- max. USD 10,000/- | ||||||||||||||
| 4. | Rephasement of Loans/ Deferment in Loan Installments (applicable only if separate Processing Charge for the loan proposal is not recovered) | 0.05% of the limit, minimum USD 1000/- max. USD 10,000/- | ||||||||||||||
| 5. | Documentation charges (not applicable where documents are prepared by legal counsel and entire cost borne by the borrower) |
Limit up to USD 1 Mio : USD 275/- Limit above USD 1 Mio : USD 550/- |
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| 6. |
Mortgage (for immovable property) Per borrowing entity (not applicable where documents are prepared by legal counsel and entire cost borne by the borrower) |
0.05% of the loan amount covered by mortgage with a minimum of USD 1,000/- and maximum of USD 20,000/- |
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| 7. | Inspection charges |
Actuals to be recovered from borrower with a minimum as under.
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| 8. | Substitution of Collateral Security/ Personal Guarantees | 0.02% of the limit, minimum USD 500/- max. USD 10,000/- | ||||||||||||||
| 9. | Release of Personal Guarantee/Collateral Security | 0.02% of the limit, minimum USD 500/- max. USD 10,000/- | ||||||||||||||
| 10. | Change in Terms and Conditions/ Change in Project/ Items of Machinery | 0.05% of the limit, minimum USD 500/- max. USD 10,000/- | ||||||||||||||
| 11. | Service charges for providing credit information reports (for requests received directly from customers) |
For Individual Customers (All Segments) USD 100/- For Non-Individual Customers (All Segments) USD 500/- |
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| 12. | Other Miscellaneous Approvals for issues not covered above | 0.05% of the limit, minimum USD 500/-, max. USD 10,000/- |
In case the credit facility is under consortium/ syndication, charges as decided by the consortium/ syndication will apply.
B- Application of penal interest
| Sl | Particular of service (s) | Amount |
|---|---|---|
| 1. | Irregularities in Short Term Loan / Working Capital Loan Account / Overdraft / Cash Credit account | 2% on the irregular portion for the period of irregularity |
| 2. |
Non submission of Stock statements |
1% p.a. of total FBWC limits for the month the stock statement is not submitted within the stipulated period. |
| 3. | Non submission of Renewal Data, including Audited Balance Sheet |
a) For Listed Companies if not submitted within 7 months- USD 400/- per month. b) For others, if not submitted within 9 months- USD 1000/- per month. |
| 4. | Noncompliance with Financial Covenants | 1% p.a. on the entire outstanding till the breach is cured; minimum USD 2000/- |
| 5. |
Term Loans Non-payment of interest / installment |
2% on the irregular portion for the period of irregularity |
| 6. |
Adverse deviation by more than 20% from stipulated level in respect of any two of the following items: (i) Current Ratio (ii) TOL/ TNW (iii) Interest Coverage ratio |
1% p.a. on the entire outstanding for the periods of non-adherence subject to a minimum period of 1 year. |
| 7. |
Submission of stock statement with delay beyond 10 days of the succeeding month to be considered as non-submission expect where period has been extended/specified by the sanctioning authority. Sick units under Rehabilitation and Non-compliance on account of extraneous reasons – Penal interest not to be levied. |
|
| 8. |
Application of Penal Interest on Retail Loans:
|
2% on the irregular portion for the period of irregularity |
Actual out of pocket expenses to be recovered in all cases, except where specifically exempted.
In case the credit facility is under Consortium/Syndication, charges as decided by the Consortium/Syndication will apply.
Penal interest shall be applied subject to CBSL guidelines from time to time.
Illustration of penal interest calculation:
- Retail Loans / Corporate Loans (Term Loans / Demand Loans)
Personal Loan Limit – LKR 1,000,000/-
Tenor of the Loan – 5 Years
Interest rate – 12.50% p.a. (fixed)
Outstanding – LKR 900,000/-
Monthly Equated Monthly Instalment (EMI) – LKR 22,500/-
If the customer does not pay the EMI on the due date and if the loan is irregular for 20 days, penal interest calculation will be as follows;
Irregular amount – LKR 22,500/-
Irregular no. of days – 20 days
Penal interest = LKR 22,500/- * 2% * (20 days/365 days) = LKR 24.66
- Overdraft facilities / Cash Credit accounts
Limit – LKR 1,000,000/-
Drawing Power – LKR 1,000,000/-
Interest Rate – 12.50% p.a. (fixed)
Outstanding – LKR 1,100,000/-
Irregular amount- LKR 100,000/-
If the account is irregular for 20 days, penal interest calculation will be as follows;
Irregular amount – LKR 100,000/-
Irregular no. of days – 20 days
Penal interest = LKR 100,000/- * 2% * (20 days/365 days) = LKR 109.59