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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 (%)
|
|
EFFECTIVE
DATE – August 01, 2008
|
| At
Maturity |
yearly
(%)
|
half
yearly (%)
|
quarterly
(%)
|
monthly
(%)
|
|
12
|
-
|
8.50
|
8.30
|
8.25
|
8.20
|
|
24
|
-
|
9.00
|
8.80
|
8.70
|
8.65
|
|
36
|
10.25
|
9.50
|
9.30
|
9.20
|
9.10
|
|
48
|
11.25
|
10.00
|
9.75
|
9.65
|
9.60
|
|
60
|
12.00
|
10.50 |
10.25
|
10.10
|
10.00
|
OPEN PENSIONERS & VRS HOLDERS
PERIOD (months) |
RATE
OF INTEREST (%) |
EFFECTIVE
DATE – August 01, 2008 |
| At
Maturity |
yearly
(%) |
half
yearly (%) |
quarterly
(%) |
monthly
(%) |
12 |
- |
8.75 |
8.55 |
8.50 |
8.40 |
24 |
- |
9.25 |
9.05 |
8.95 |
8.90 |
36 |
10.25 |
9.75 |
9.50 |
9.40 |
9.35 |
48 |
11.25 |
10.25 |
10.00 |
9.90 |
9.80 |
60 |
12.00 |
10.75 |
10.50 |
10.35 |
10.25 |
N.B:
The above rates must not be construed in any case as
a commitment from our part
and may change according to prevailing market conditions.
----------------------------------------------------------------------------------------------------Last
Updated August, 2008
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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