|Age of Debts (months)||Commission Percentage (%)|
|Age of debt 3-5 months||10%|
|Age of debt 6-8 months||15%|
|Age of debt 9-12 months||20%|
|Age of debt 13-24 months||30%|
|Age of debt over 24 months||35%|
Additional fees are applicable for field calls outside the Colombo Metropolitan area, Skip-tracing, business searches etc, and will depend on volume and location.
Colombo Metropolitan area to be defined as Colombo 1 to Colombo 15, Dehiwala, Mt-Lavinia, Rathmalana, Moratuwa, Nugegoda, Maharagama, Pannipitiya, Kotte, Nawala, Rajagiriya, Batteramulla, Malabe, Talangama, Kelaniya, Kadawatha, Wellampitiya, Kolonnawa, Angoda, Wattala, Ragama, Kandana and Ja-ela.
|Current Balance of the Account||Skip Tracing Rate per Account|
|LKR 50000||LKR 2000|
|LKR 50000 and LKR250000||LKR 3000|
|LKR 250000||LKR 4000|
The above mentioned skip tracing rates will be payable only when all such accounts marked as “Skip/Skip Traced “is vetted by the Bank Officer.