MCB Leasing Fixed Deposit Rates

Effective 10 February 2025

Minimum Amount Rs 100,000,000.00
Period (Months)% Interest Rate per annum
Payable at Maturity
630bps over the last 182 GOM Treasury Bills weighted average yield at the time of deposit
Minimum Amount Rs 1,000,000.00
Period (Months)% Interest Rate per annum
Payable MonthlyPayable YearlyPayable at Maturity
363.55%3.70%3.90%
483.60%3.80%4.00%
603.70%3.90%4.10%

 

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

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Raymond Lamusse Building, Sir William Newton Street, Port Louis, Mauritius