12 Jun 2013
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>> Interest Rates - Effective 23.08.2016

INTEREST RATES - EFFECTIVE 23.08.2016

 

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

SBIML Interest rate on Savings Bank A/c: 2.35% 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 + 0.43SB + 0.46
36 MonthsSB + 0.58SB + 0.60SB + 0.63SB + 0.72
48 MonthsSB + 0.73SB + 0.75SB + 0.78SB + 0.93
60 MonthsSB + 0.88SB + 0.90SB + 0.94SB + 1.16
 

  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 Months2.432.452.472.47
24 Months2.532.552.572.61
36 Months2.632.652.672.75
 

Ø      SENIOR CITIZENS (FD only)    :

2.35% p.a.    
Ø      PRIME LENDING RATE (PLR)  :6.75% p.a.  
Ø      INTEREST ON SAVINGS (SB)   :2.35% p.a.(Payable half yearly at end of June & December) 
   
   
SPECIAL PRODUCTS  
 
(i)           SBI Gen Next                        : 2.35% p.a.(Payable half yearly at end of June & December)   
(ii)          SBI 50+                                  :2.35% p.a.(Payable half yearly at end of June & December