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 |
