Interest Rates

National Bank of Malawi plc wishes to advise its valued customers and all stakeholders that the October 2022 reference rate will be at 13.90%, effective date 05 October 2022.

The Bank’s deposit interest rates will be as follows:

Savings Deposit Rates

Savings Bond

9.00% p.a.

Ordinary Savings

3.50% p.a.

Special Savers

2.00% p.a.

Student Serve

2.50% p.a.

Fiesta Save

6.50% p.a.

Notice Deposit Rates

7 Day Call

3.00% p.a.

30 Day Call

3.50% p.a.

Fixed Deposit Rates

2 Months

4.50% p.a.

3 Months

5.00% p.a.

6 Months

5.50% p.a.

9 Months


12 Months


Current account                                    0.0%




To be the most successful financial institution in Malawi with international visible presence.

Mission Statement

To provide the best financial services in Malawi and internationally, distinguished by outstanding service, product innovation and sustained earning.