Communiqué

Changes to Savings Account Interest Rates

October 14, 2024

We wish to inform our customers and the public at large that, effective from Wednesday 09 October 2024, the interest rates on individual savings accounts will be revised as follows:

  • For balances below Rs 10,000: 0% p.a.
  • For balances between Rs 10,000 and Rs 1,000,000: 2.45% p.a. (AER: 2.473%)
  • For balances between Rs 1,000,000 and Rs 2,000,000: 2.50% p.a. (AER: 2.483%)
  • For balances above Rs 2,000,000: 2.65% p.a. (AER: 2.585%)

For further information or assistance, please reach out to our Contact Centre at (230) 202 9200 or visit our website at www.bankone.mu.

 Note: Interest rates are variable and linked to our Base Savings Rate.