Tariff of charges

Fixed Deposits

In Foreign Currencies
Applicable for minimum balance as follows:

USD

10,000
units

Effective date: 07 March 2024

Foreign Currency

Abbreviation

3 months

6 months

12 months

US Dollars*

USD

0.505%

0.571%

0.599%

Fixed deposit interest is calculated on a daily basis at applicable rate on deposit amount. Interests are then credited monthly, quarterly or at maturity as applicable.

Interest rates above are:

  • Per annum.
  • Fixed for the duration of the deposit.

Loans and advances

Base Lending Rate (BLR) & Key Rate (KR)

BLR&KR

Base Lending Rate (BLR)
Effective 14 October 2024

6.85% p.a.

Bank of Mauritius Key Rate (KR)
Effective 20 September 2024

4.00% p.a.

Above rates are subject to fluctuation time to time.

Indicative exchange rates

20 December 2024

Please note that below rates are applicable for amount less than Rs.800,000 or equivalent**

Country

Country Code

Buying T.T

Buying D.D

Selling
T.T/ D.D

Australia

AUD1

28.57 28.53 30.00

Canada

CAD1

31.82 31.67 33.41

China *

CNY1

6.28 6.19 6.60

Denmark

DKK1

6.38 6.37 6.70

EU

EUR1

48.29 47.54 49.20

Hong Kong

HKD1

5.91 5.85 6.21

India*

INR1

0.54 0.53 0.57

Japan

JPY100

29.31 29.03 30.63

New Zealand

NZD1

25.83 25.59 27.12

Singapore

SGD1

33.76 33.52 35.45

South Africa

ZAR1

2.49 2.46 2.62

Switzerland

CHF1

51.12 51.03 53.68

U.A.E

AED1

12.53 12.41 13.10

U.S.A

USD1

46.60 46.00 47.49

U.K

GBP1

58.16 57.26 59.26

*No dealings in Buying rates

**Please contact the Bank for amounts ≥ Rs.800,000

Statement of Commitment to the FX Global Code

Contact us

Call us on:

+(230) 403 8333