Interest Rates
National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the September 2024 reference rate will be 25.4% ( 25.4% in August 2024) and effective date is 04th September 2024.
The Bank’s deposit interest rates will be as follows:
Savings Deposit Rates
|
Savings Bond |
12.00% p.a. |
|
Ordinary Savings |
6.25% p.a. |
|
Special Savers |
4.50% p.a. |
|
Student Serve |
5.00% p.a. |
|
Fiesta Save |
9.25% p.a. |
Notice Deposit Rates
|
7 Day Call |
5.50% p.a. |
|
30 Day Call |
6.50% p.a. |
Fixed Deposit Rates
|
2 Months |
7.00% p.a. |
|
3 Months |
8.00% p.a. |
|
6 Months |
8.50% p.a. |
|
9 Months |
Negotiable |
|
12 Months |
Negotiable |
Current account 0.0%
