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Are
you looking for a safe place where to invest your money
while earning superior rates of interest?
We have a deposit taking licence from the Bank of Mauritius
and ensure full confidentiality. We accept deposits
from our members and the general public.
We offer the most competitive interest rates as illustrated
below:
MUTUAL
AID FIXED DEPOSIT
OPEN TO THE PUBLIC
|
PERIOD (months) |
RATE
OF INTEREST (Floating) |
|
EFFECTIVE
DATE – MAY 02, 2013 |
|
Monthly
(% p.a) |
Quarterly
(% p.a) |
Half Yearly
(% p.a) |
Yearly
(% p.a) |
Maturity
(% p.a) |
3 |
Not Applicable |
3.35 |
6 |
3.50 |
9 |
3.65 |
|
12 |
4.45 |
4.50 |
4.60 |
N.A |
4.75 |
|
24 |
4.70
|
4.75 |
4.80 |
5.00 |
5.50 |
|
36 |
5.15 |
5.20 |
5.30 |
5.50 |
6.25 |
|
48 |
5.35
|
5.45 |
5.55
|
5.75
|
7.00
|
|
60 |
5.55 |
5.65 |
5.75 |
6.00 |
7.50 |
|
72 |
6.00 |
6.10 |
6.25 |
6.50 |
8.00 |
|
84 |
6.25 |
6.35 |
6.45 |
6.75 |
8.50 |
|
96 |
6.50 |
6.60 |
6.70 |
7.00 |
9.00 |
108 |
6.95 |
7.00 |
7.10 |
7.25 |
9.50 |
120 |
7.20 |
7.25 |
7.30 |
7.50 |
10.00 |
132 |
7.45 |
7.50 |
7.55 |
7.75 |
10.50 |
N.B:
1. The above rates must not be construed in any case as
a commitment from our part and may change according to prevailing market conditions.
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| 2. The above rates will be used to make any adjustment in interest in case of encashment of a deposit before maturity.
3. The above rates are applicable to individuals. For Corporate FDs, the Association must be contacted by mail on m.c.s.mutualaid@intnet.mu.
4. Current Repo Rate is 4.90 % p.a.
5. For any other information on deposits please phone No. 213-0300 (for queries on existing fixed deposits) or 212-4000(for conditions and benefits of fixed deposits)
|
OPEN TO PENSIONERS (AGED 60 AND ABOVE, EXCEPT HANDICAPPED PERSON)
PERIOD (months) |
RATE
OF INTEREST (Floating) |
EFFECTIVE
DATE –MAY 02 , 2013 |
Monthly
(% p.a) |
Quarterly
(% p.a) |
Half Yearly
(% p.a) |
Yearly
(% p.a) |
Maturity
(% p.a) |
3 |
Not Applicable |
3.35 |
6 |
3.50 |
9 |
3.65 |
12 |
4.70 |
4.75 |
4.80 |
N.A |
5.00 |
24 |
4.90
| 4.95 |
5.05 |
5.25 |
5.50 |
36 |
5.40
| 5.45 |
5.55 |
5.75 |
6.25 |
48 |
5.60 |
5.65
| 5.75 |
6.00
|
7.00
|
60 |
5.80 |
5.85 |
6.00 |
6.25 |
7.50 |
72 |
6.15 |
6.25 |
6.35 |
6.65 |
8.00 |
84 |
6.40 |
6.50 |
6.60 |
6.90 |
8.50 |
96 |
6.65 |
6.70 |
6.85 |
7.15 |
9.00 |
108 |
7.20 |
7.25 |
7.30 |
7.50 |
9.50 |
120 |
7.40 |
7.50 |
7.60 |
7.75 |
10.00 |
132 |
7.60 |
7.65 |
7.70 |
7.90 |
10.50 |
N.B:
1. The above rates must not be construed in any case as
a commitment from our part and may change according to prevailing market conditions.
|
| |
2. The above rates will also be used to make any adjustment in interest in case of encashment of a deposit before maturity.
3. The above rates are applicable to individuals. For Corporate FDs, the Association must be contacted by mail on m.c.s.mutualaid@intnet.mu.
4. Current Repo Rate is 4.90% p.a.
5. For any other information on deposits please phone No. 213-0300 (for queries on existing fixed deposits) or 212-4000(for conditions and benefits of fixed deposits)
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--------------------------------------------------------------------------(VO/SB/02.05.13) Last
Updated MAY, 2013
Interest
is credited to the Bank account of the depositor.
A
depositor who is in urgent need of money may withdraw
his deposit at any time subject to certain
conditions being fulfilled.
The Mutual Aid, which has been in existence since 1893,
guarantees your deposit.
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