National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the September 2023 reference rate will be at 23.4%, effective date 05 September 2023.
The Bank’s deposit interest rates will be as follows:
Savings Deposit Rates
|
Savings Bond
|
12.00% p.a.
|
|
Ordinary Savings
|
5.75% p.a.
|
|
Special Savers
|
4.00% p.a.
|
|
Student Serve
|
5.00% p.a.
|
|
Fiesta Save
|
8.75% p.a.
|
Notice Deposit Rates
|
7 Day Call
|
5.00% p.a.
|
|
30 Day Call
|
6.00% p.a.
|
Fixed Deposit Rates
|
2 Months
|
6.50% p.a.
|
|
3 Months
|
9.50% p.a.
|
|
6 Months
|
8.00% p.a.
|
|
9 Months
|
Negotiable
|
|
12 Months
|
Negotiable
|
Current account 0.0%
|
|
|
