Menu
Enjoy attractive interest rates with a fixed deposit to earn higher returns for your investment.
For Fixed Deposits for 1 year , earn interest monthly or at maturity.
For others, interest will be paid only up on maturity
You can visit our Main branch at Male and discuss your requirement with an officer of the branch.
Interest rates applicable for Fixed Deposits are as follows.
|
Fixed Deposits
|
Rate (MVR)
|
Rate (USD)
|
||
|---|---|---|---|---|
|
Interest Rates
|
Counter
|
eFD
|
Counter
|
eFD
|
|
1 Month
|
2.50%
|
2.60%
|
2.50%
|
-
|
|
3 Months
|
3.00%
|
3.10%
|
3.00%
|
3.10%
|
|
6 Months
|
3.25%
|
3.35%
|
3.25%
|
3.35%
|
|
12 Months - Monthly Interest
|
3.30%
|
3.40%
|
-
|
-
|
|
12 Months - Int. at Maturity
|
3.50%
|
3.60%
|
3.50%
|
3.60%
|
|
24 Months - Int. Annually
|
-
|
-
|
4.00%
|
4.10%
|
|
24 Months - Int. at Maturity
|
4.00%
|
4.10%
|
-
|
-
|
|
36 Months - Int. Annually
|
-
|
-
|
4.25%
|
4.35%
|
|
60 Months - at Maturity
|
4.75%
|
4.85%
|
4.75%
|
4.85%
|
Note:
The above rates are for deposits up to MVR 500,000/- (or equivalent amount of USDs). For deposits above MVR 500,000/- (or equivalent amount of USDs).please contact the Treasury Department
Please fill the application form which can be downloaded by simply clicking “Apply Now’ link above and hand it over at the branch.
Remember to take a valid identity document, passport and valid work permit in case of non residents. This is necessary for us to identify you.
Withdrawals will be allowed only after the agreed period of the Fixed Deposit.
If you want to withdraw earlier than the agreed period a lower interest rate will be applied for the period.
Terms & conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the Bank for the latest information and prevailing terms & conditions.
H.Filigasdhoshuge,
Ameeru Ahmed Magu,
Male 20066
+960 3332668
