Fixed term deposit account

Invest your money for a set term to achieve your personal savings goals and enjoy a guaranteed interest rate with our fixed term deposit savings account.

What you need to know
Available in Mauritian rupee or major foreign currencies

It is a longer-term investment with a fixed interest rate (locked in over the whole term of the investment). The interest rates vary depending on the term

The interest rate is guaranteed

Different deposit periods are available, ranging from 1 month to 60 months (depending on the currency)

Your investment is secured against fluctuating interest rates

You can choose how often your interest is paid

As it is a long-term investment, you will not receive a debit card, so your money will grow at the guaranteed rate
What's required to qualify
To quality you must make a minimum deposit of Rs100,000 for a fixed deposit in Mauritian Rupee or USD5,000 (or equivalent) for a foreign currency deposit

This account can be used to secure a loan or other banking facility

Stay updated by checking the latest applicable interest rates by calling our 24/7 Service Centre or visit one of our branches.
What to bring to the branch
Visit your nearest branch with the following documents:

Proof of identity

National identity card, or

Passport, or

Driver's license

Proof of address

Utility bill in your name not older than 3 months at time of application

Birth or marriage certificate if relationship needs to be established

All documents are required in their original form. The list of required documents mentioned above is indicative only. The bank may at any time request additional documents or information to process your application(s).