MCB Leasing Fixed Deposit Rates
Effective 23 September 2024
| Minimum Amount Rs 100,000,000.00 | |
| Period (Months) | % Interest Rate per annum |
| Payable at Maturity | |
| 6 | 30bps over the last 182 GOM Treasury Bills weighted average yield at the time of deposit |
| Minimum Amount Rs 2,000,000.00 | |||||
| Period (Months) | % Interest Rate per annum | ||||
| Payable Monthly | Payable Quarterly | Payable Half-Yearly | Payable Yearly | Payable at Maturity | |
| 36 | 3.15% | 3.20% | 3.30% | 3.45% | 3.70% |
| 48 | 3.35% | 3.40% | 3.50% | 3.65% | 3.90% |
| 60 | 3.60% | 3.65% | 3.75% | 3.90% | 4.20% |
Also note that:
- The interest rate is fixed over the deposit period;
- In case MCB Leasing Limited accepts to redeem a deposit prior to maturity, a penalty shall be applied on the amount of the fixed deposit from its opening date up to that on which the refund is made on fixed deposits. The penalty is 2% per annum.
- All deposits are subject to the approval of the Managing Director
Contact us
Raymond Lamusse Building, Sir William Newton Street, Port Louis, Mauritius