You have some surplus funding and would like to make your money grow while knowing beforehand the yield you will obtain?

A term or fixed deposit is the ideal solution: it allows you to safeguard your capital, whether in MUR or foreign currencies, and adds onto it with predetermined accruing interests.

Benefits of the Term Deposit

  • No-risk investment : 100 % initial capital is guaranteed and secured.
  • Predefined interest rate and time deposit : The Term period is determined by you according to your plans and projects.
  • Interest Payment : Interest Payment frequency is set as per your choice of term monthly, quarterly, Twice yearly (semester end), annual or at maturity. 

Note

  • A Fixed Deposit is the investment of a single amount of money at any one time.
  • Any new deposit requires the opening of a new Fixed Deposit at prevailing market conditions at the time of opening the deposit.
  • Capital is refundable at the term date specified in the subscription contract.
  • Interests accrue according to the conditions and frequency decided upon contracting subscription.

Features

Eligibility

Any moral person
One-time deposit at opening

As from MUR 50 000 or foreign currency equivalent
Deposits

Not allowed
Threshold

Unlimited
Interest Payment

As per client’s choice
Availability

As per contract terms set out upon subscription. Any withdrawal automatically entails closing up of account.
Term

From 3 months up to 60 months

More information?

  • Please contact your Relationship Manager or call our Customer Service on 207 1000.

Interested

Investment