National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the reference rate for November is 12.3% per annum and it is effective 4th November 2019.
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%
The changes are effective from the 16th of May 2019
|
|
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