MUR Fixed Deposit - Bank One (2024)

MUR Fixed Deposit - Bank One (1)

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Bank One Disclaimer

Legal Notice

Welcome to www.bankone.mu!

Please read the following important information before accessing this Website:

This Website is owned and operated by BANK ONE LIMITED and the use thereof indicate that you accept the Bank’s Terms and Conditions of Use.

If you do not agree to the Terms and Conditions of Use, you should not use the Website.

The Bank may, at its entire discretion, at any time and without notice, modify or update such Terms and Conditions of Use. Such changes shall be effective immediately and you shall be deemed to have accepted same if you continue to use the Website.

Although the Bank endeavours to provide correct information on its Website, it does not give any warranty express or implied as to its accuracy, completeness and reliability.

The Bank does not accept any liability for any errors or omissions of whatsoever nature as regards information, materials, functions and applications contained in its Website or as to any third-party Websites linked to or from its Website.

Terms & Conditions of Use

1) Information available on the Website are allowed to be printed and / or downloaded for personal use only and not for commercial purposes.

You may not reproduce, transmit or store any information contained on the Bank’s Website on any other Website without the Bank’s written permission.

2) The Website is intended to provide general information on the Bank and its products and services.

No information contained on the Website shall constitute or is intended to constitute financial, legal, accounting, investment or other professional advice or services. You are advised to take professional advice from a suitably qualified professional or adviser before taking any decision relating to your finances or business.

3) You acknowledge that information transmitted via the Internet is susceptible to monitoring and interception and you will be bear all risk of using such means. You further acknowledge that any unsolicited information communicated to us via Internet cannot be guaranteed to remain confidential.

4) The Website may contain technical, typographical or other inaccuracies and you are urged to contact us to confirm all information contained on this Website before placing any reliance on it.

5) The Bank agrees to make reasonable efforts to ensure full performance of its Internet Banking transactions. The Bank will be responsible for acting only on those instructions sent through Internet Banking which are actually received. The Bank does not assume responsibility for any malfunctioning in communication facilities not under its control that may affect the accuracy or timeliness of messages you send. The Bank will not be responsible for any losses or delays in transmission of instructions arising or caused by any browser software. It will, furthermore, not be accountable should you provide incorrect instructions or if your payment instructions are not given sufficiently in advance to allow for timely payment or delays in mail service.

Collection of Information

The Bank will not collect any information about you except where it is knowingly provided to us through this Website. The information we collect about you will depend on how you use the facilities offered via this web site.

In the event that you enter information in the process of completion of an online application form, the information will only be collected by us if you submit that online application to us. In other words, if you log out prior to submitting your application, any information which you had entered would be automatically deleted.

The Bank requires information to understand your needs and provide you with a better service, and in particular for the following reasons:

  • Internal record keeping.

  • Use the information to improve its products and services.

  • Sending periodicals and promotional emails on new products, special offers or other information which the Bank thinks you may find interesting using the email address which you have provided.

  • Our Contact Centre may call you to suggest products and services that are relevant to your needs based on the information you have provided.

  • Occasionally, the Bank may also use your personal information to contact you for market research purposes.

  • The Bank may contact you by email, phone, fax or mail and may use the information provided to customise the Website according to your interests.

The Bank will not sell or distribute your personal information to third parties unless it has your permission or is required by law to do so. You may request details of personal information which the Bank holds about you under the Data Protection Act 2004. If you would like a copy of the information held on you, please write to us.

If you believe that any information the Bank is holding on you is incorrect or incomplete, please write to or email us as soon as possible. The Bank will promptly correct any information found to be incorrect.

DISCLAIMER

In no event will the Bank be liable for any damages including but not limited to direct or indirect, special, incidental, consequential or punitive damages, losses or expenses arising out of the use of its Website, or incurred as a result of any failure of performance, transmission of information, any interruption or availability of its Website, delay in operation or transmission, computer virus, loss of data, or otherwise.

Neither the Bank nor its directors, shareholders, agents, consultants, representatives, officers or employees shall be liable for any damages or losses resulting from your use or inability to use its Website or any information contained therein, including without limitation any direct or indirect, special, incidental, consequential or punitive damages whether arising out of contract, statute and tort or otherwise.

BANK ONE

16, Sir William Newton Street
Port Louis, Mauritius

Tel: 230 202 9200

Find a branch near you

SWIFT CODE: BKONMUMU
BRN: C07040612

"*" indicates required fields

BANK ONE

16, Sir William Newton Street
Port Louis, Mauritius

Tel: 230 202 9200

Find a branch near you

SWIFT CODE: BKONMUMU
BRN: C07040612

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MUR Fixed Deposit - Bank One (2024)

FAQs

What is the fixed deposit rate in Mauritius? ›

Deposits of 12 to 60 months
MonthsMonthlyYearly
243.280%3.320%
363.450%3.510%
483.610%3.670%
603.720%3.780%
1 more row

Which bank is best for fixed deposit? ›

Best FD Interest Rates in India 2024
NameBank / NBFCRegular FD Rates
Union BankBank7.25%
CitibankBank7.20%
RBL BankBank8.10%
Indian BankBank7.25%
13 more rows

Which bank has highest fixed deposit? ›

Overall best fixed deposit rates—highest in Singapore (Apr 2024)
  • Syfe Cash+ Guaranteed (3.80% p.a.—3 or 6 months with no minimum amount)
  • StashAway Simple Guaranteed (3.75% p.a.—3 months with no minimum amount)
  • Bank of China (3.40% p.a.—min. $500 for 3 months)
  • ICBC (up to 3.30% p.a.—min. $500 for 3 months)
Apr 3, 2024

Can I remove my money on fixed deposit? ›

It is essential to be aware that upon maturity, you have the option to either withdraw the funds from your fixed deposit account or renew it for another term. The process of withdrawing money from a fixed deposit after maturity is straightforward and can be done conveniently through online or offline channels.

How much is interest in Mauritius? ›

RelatedLastUnit
Foreign Exchange Reserves7229.40USD Million
Interest Rate4.50percent
Lending Rate9.50percent
Money Supply M3875034.27MUR Million
2 more rows

Is interest on fixed deposit taxable in Mauritius? ›

Exempt income” includes: (a) Interest derived from a savings or fixed deposit account maintained with a bank or non-bank deposit taking institution, Government securities and Bank of Mauritius Bills.

How much will I get monthly from FD? ›

For senior citizens
Investment amount (Rs)Investment durationGeneral investor monthly interest (Rs)
1 lakh10 years572
10 lakh3 months3,943
10 lakh1 year5,552
10 lakh5 years5,717
16 more rows

Which bank gives 7% interest monthly? ›

As of April 2024, no banks are offering 7% interest rates on savings accounts. Two credit unions have high-interest checking accounts: Landmark Credit Union Premium Checking with 7.50% APY and OnPath Credit Union High Yield Checking with 7.00% APY.

What is the monthly interest for 1 lakh fixed deposit? ›

So, if you are looking at determining monthly interest for a fixed deposit of 1 lakh, you can divide the monthly interest pay out at 7.11% which is 6,581p.a. and divide that by the number of months which is 12. The monthly interest for a Rs. 1,00,000 FD is Rs. 548.

Which is safest bank for Fixed Deposit? ›

HDFC Bank is often listed as the best FD scheme to invest in India.

Which bank gives 8% interest? ›

Top 20 Scheduled Banks offering Best FD Rates
BanksHighest FD rate (% p.a.)5-year FD rate (% p.a.)
RBL Bank8.107.10
AU Small Finance Bank8.007.25
Fincare Small Finance Bank8.007.25
DCB Bank8.007.40
16 more rows

Which bank is best for Fixed Deposit for 1 month? ›

Short Term Deposit Interest Rates
Some of the Best Short Term Fixed Deposits:Interest Rates for General Citizens:Interest Rates for Senior Citizens:
HDFC Bank2.50% – 4.90%3.00% – 5.40%
Kotak Bank2.90% – 4.40%3.00% – 4.90%
SBI Bank2.90% – 4.40%3.40% – 4.90%
Bank of India3.25% – 4.75%3.75% – 5.25%
4 more rows

Should I keep my money in fixed deposit? ›

Unlike some other investments, you're technically still able to take your money out of fixed deposits, but as a result, you might not receive any interest or if you do, it'll be less than what the bank had initially agreed. Fixed Deposits (FD's) are a safe place to leave your money.

Is it good to keep money in fixed deposit? ›

Fixed deposits are generally considered a good saving option when interest rates rise. This is because fixed deposit rates move in tandem with interest rates. As interest rates rise, so do fixed deposit rates. Fixed deposits are also attractive during market fluctuations because of their reliability.

How do I keep money in my fixed deposit? ›

A step-by-step guide to invest in a fixed deposit
  1. Click on 'Open FD' at the top of this page to open our online application form.
  2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
  3. Fill in the investment amount, choose the investment tenure and the payout frequency.

Which country gives highest interest rate on fixed deposit? ›

Countries with the highest deposit interest rates worldwide 2023. As of August 2023, the country with the highest deposit interest rate worldwide was Argentina, where the interest rate was as high as 113 percent. Second in the list came an African country, Zimbabwe, where the interest rate reached 110 percent.

How much is Absa fixed deposit interest? ›

What you need to know
All interest rates are expressed as a percentage per annum and are indicative
Tax Free Fixed
R30 000 - R9 999 999 999 999.999.33%
Last reviewed on 30 August 2023 *Interest paid at maturity

How to invest in bonds in Mauritius? ›

Answer: An individual can fill an application form for investment at any commercial bank where he/she holds an account. The individual must produce his/her identity card and a proof of address.

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