RelatedSri LankaZero Min DepositOnline OnlyFast Approval

National Savings BankNational Savings Bank

Sri Lanka 传统银行 In-branch required Permit holders ★ 3.6
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Minimum depositOrdinary savings accounts start from LKR 5 (approx. ¥0.1), one of the lowest thresholds on the market
Monthly feeOrdinary savings accounts are largely free
Minimum balanceNo effective minimum balance
How to apply—
Processing timeAbout 1 hour in branch
Institution typeTraditional Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Effectively zero entry threshold (from LKR 5)
  • State savings bank with deep rural branch coverage
  • Near-zero fees on ordinary savings accounts
  • Fine if you only need small local day-to-day receipts and payments

Things to note

  • Weak FX and cross-border capability — no substitute for a PFCA
  • Digital and app experience lag the commercial banks
  • Tourist ETAs refused; limited English

Documents required

  • Passport
  • Long-stay visa
  • Proof of address
  • Tax Identification Number (TIN)

Only for a small local day-to-day account; open a separate PFCA for foreign-currency needs

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

No Monthly Fee
Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.

Other accounts in this region

Commercial Bank of Ceylon ★ 4.1 Hatton National Bank ★ 4 FriMi (Nations Trust Bank) ★ 3.9 Sampath Bank ★ 3.9
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