Profit Rates
| APPLICABLE PROFIT RATES FOR DEPOSIT & FINANCING | |
|---|---|
| Currency – Seychelles Rupee | Percentage (% p.a.) |
| DEPOSITS** | |
| Savings | 1.50% |
| Wakala (Fixed Term) | |
| Less than 1 month | 0% |
| 1 month | 1.00% |
| 3 months | 1.10% |
| 6 months | 1.60% |
| 12 months & above | 2.10% |
| ** Rates are negotiable for bulk deposits | |
| FINANCING | |
| Base Rate | 8.75% |
| Business Entities | |
| Housing Finance | Not below 7.5% |
| Auto Finance | Not below 10% |
| Personal Finance | Not below 12% |
| Individual Entities | |
| Secured Facilities | Not below Base Rate |