Interest Rates
National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the June 2026 reference rate has been revised to 20.40%, effective 3rd June 2026 (previous rate: 20.60%, May 2026).
The Bank’s deposit interest rates will be as follows:
Savings Deposit Rates
| Account Type | Rate (p.a.) |
|---|---|
| Savings Bond | 12.00% |
| Ordinary Savings | 5.75% |
| Special Savers | 4.00% |
| Student Serve | 5.00% |
| Fiesta Save | 8.75% |
Notice Deposit Rates
| Account Type | Rate (p.a.) |
|---|---|
| 7 Day Call | 5.00% |
| 30 Day Call | 6.00% |
Fixed Deposit Rates
| Term | Rate (p.a.) |
|---|---|
| 2 Months | 6.50% |
| 3 Months | 7.50% |
| 6 Months | 8.00% |
| 9 Months | Negotiable |
| 12 Months | Negotiable |
Current Account
| Account Type | Rate (p.a.) |
|---|---|
| Current Account | 0.00% |
