Savings Rate & Deposit Product Rate Revisions

May 28, 2020

We wish to inform our customers and the public at large that the following interest rates will apply to our savings products as from Monday 01 June 2020:

Savings Deposit Rate: 0.35% p.a.1
Emma Savings Account: 0.40% p.a.2
First Step Savings Account: 0.40% p.a.2
MoneyTree Savings Account:

  • Balance up to Rs 1m: 0.35% p.a.1
  • Balance above Rs 1m: 0.40% p.a.2

For any further information or assistance, please call our Contact Centre on (230) 202 9200, visit one of our branches or check our website on

Note: Interest rates on all products linked to Savings Deposit Rate will be adjusted accordingly.

1AER: 0.351% p.a.

2AER: 0.401% p.a.