Rates Schedule

Our Current Commission rate for domestic Recoveries are:

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.

Skip Tracing Rates

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.

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