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?
Please call on any one of our branches or contact your Relationship Manager.
You may also call our Customer Relationship Center on 207 1000.
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