Bank of India - Botswana
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INTEREST RATE
 
INTEREST RATES FOR SEPT, 2017
Type of Deposit Account Nominal Interest (Simple) Rate p.a. Actual Interest (Effective) Rate p.a. Minimum Opening Balance
Call Deposit

0.50% to 1.50%

0.50% to 1.51%

P1000

Savings Bank Deposits
i. Star Savings Bank

1.00% to 2.50%

1.01% to 2.52%

P100

ii. Teemane Savings Bank

1.00% to 2.50%

1.01% to 2.52%

P10000

iii. Super Teemane Savings Bank

1.00% to 2.50%

1.01% to 2.52%

P50000

Fixed Deposits**
91 Days

3.00%

3.04%

P1000

6 Months

3.50%

3.56%

P1000

12 Months

4.00%

4.07%

P1000

24 Months

4.50%

4.59%

P1000

36 Months & Above

4.75%

4.85%

P1000

       
Prime Rate
7.00%
   
** Interest Rates for BWP 200000 and above are negotiable.
Contact below for more information:
Bank of India (Botswana) Ltd
Plot No: 1264, Ground Floor,
Old Lobatse Road, P/Bag 00111, Gaborone, Botswana
Ph. +267 3928506 / 3928516 Fax: +267 3928513
Email: Boi.Botswana@bankofindia.co.in
Website: www.bankofindia.co.bw
 
 
 
 
 
 
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