Interest Rates

National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the reference rate for August is 13.40% from last month’s 13.40% and it is effective 5 August 2020.

The Bank’s deposit interest rates will be as follows:

Savings Deposit Rates

Savings Bond

6.5% p.a.

Ordinary Savings

3.0% p.a.

Special Savers

1.0% p.a.

Student Serve

2.5% p.a.

Fiesta Save

6.0% p.a.

Notice Deposit Rates

7 Day Call

2.5% p.a.

30 Day Call

2.25% p.a.

Fixed Deposit Rates

2 Months

5.5% p.a.

3 Months

5.25% p.a.

6 Months

4.0% p.a.

9 Months

Negotiable

12 Months

Negotiable

Current account                                    0.0%

 
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mission-vision

 Vision

To be the most successful financial institution in Malawi with international visible presence.

Mission Statement

To provide the best financial services in Malawi and internationally, distinguished by outstanding service, product innovation and sustained earning.