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>> Interest Rates - Effective 18.09.2017

INTEREST RATES - EFFECTIVE 18.09.2017

 

FIXED DEPOSITS – FLOATING RATES (Min. Amt. For Term Deposits – MUR 25,000/-)

SBIML Interest rate on Savings Bank A/c: 1.85% p.a (SB)

PERIODMONTHLY (% p.a.) QUARTERLY (% p.a.)YEARLY (% p.a.)MATURITY (% p.a.)
12 MonthsSB + 0.18SB + 0.20SB + 0.22SB + 0.22
24 MonthsSB + 0.38SB + 0.40SB + 0.42SB + 0.45
36 MonthsSB + 0.58SB + 0.60SB + 0.62SB + 0.68
48 MonthsSB + 0.73SB + 0.75SB + 0.78SB + 0.88
60 MonthsSB + 0.88SB + 0.90SB + 0.93SB + 1.09
 

  FIXED DEPOSITS – Fixed Rates (Min. Amt. For Term Deposits – MUR 25,000/-)

PERIODMONTHLY (% p.a.)QUARTERLY (% p.a.)YEARLY (% p.a.)MATURITY (% p.a.)
12 Months1.831.851.871.87
24 Months1.931.951.971.99
36 Months2.032.052.072.11
 

Ø      SENIOR CITIZENS (FD only)    :

1.85% p.a.    
Ø      PRIME LENDING RATE (PLR)  :6.40% p.a.  
Ø      INTEREST ON SAVINGS (SB)   : 1.85% p.a.(Payable half yearly at end of June & December) 
   
    
SPECIAL PRODUCTS   
 
(i)           SBI Gen Next                        :  1.85% p.a.(Payable half yearly at end of June & December)   
(ii)          SBI 50+                                  : 1.85% p.a.(Payable half yearly at end of June & December