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.
Features
| Eligibility |
Any moral person |
| One-time deposit at opening |
As from MUR 50 000 or foreign currency equivalent |
| 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 |
As from 3 months up to 60 months |
More information?
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Please call on any one of our branches or contact your Relationship Manager.
You may also call our Customer Relationship Center on 207 1000.
