BOM

Statement of Principal Interest Rates and Service Charges (Indicative)

Bank of Mauritius Template of Charges Fees and
Commission

Updated on 12th December 2022
A. INTEREST RATES
INDIVIDUAL CORPORATE
CORPORATE
DEPOSITS
DEPOSITS
DEPOSITS

Savings

2.25% p.a

NA

Call

1 % 

1 %

Term (MUR)

12 months – 2.50%

12 months – 2.50%

24 months – 2.75%

24 months – 2.75%

36 months – 3.25%

36 months – 3.25%

60 months – 3.50%

60 months – 3.50%

Term (FCY- USD)

12 months – 2.00%

12 months – 2.00%

24 months – 2.25%

24 months – 2.25%

36 months – 2.50%

36 months – 2.50%

60 months – 3.00%

60 months – 3.00%

Interest rates for deposits
in other currencies are
available on request
CREDIT FACILITIES (MUR)
CREDIT FACILITIES (MUR)
CREDIT FACILITIES (MUR)
Prime Lending Rate-PLR
(w.e.f.14th Nov 2022)

6.75%

6.75%

Credit cards

NA

NA

Other credit facilities – margin over PLR

NA

NA

CREDIT FACILITIES (FCY)
CREDIT FACILITIES (FCY)

CREDIT FACILITIES (FCY)

Spread over Ref Rate
Depends on risk and tenor

Depends on risk and tenor

B. DEPOSITS
INDIVIDUAL
CORPORATE
SAVINGS ACCOUNT
SAVINGS ACCOUNT
SAVINGS ACCOUNT
Minimum account opening balance
USD 100,000 (or equivalent currency)

NA

Minimum credit balance to earn interest

USD 100,000 (or equivalent)

NA

Charge if balance falls below min balance

3% p/a

NA

Term (FCY) – U.S Dollar

USD 100,000 (or equivalent)

USD 250,000 (or equivalent)

CURRENT ACCOUNT
CURRENT ACCOUNT
CURRENT ACCOUNT
Minimum account opening balance
USD 100,000 (or equivalent currency)
Nil

Cost of cheque book

NA

NA

Monthly service charges
50 (>100,000-500,000)

NA