Bank of Ceylon - Male' Branch 
Deposits
|
Description |
Currency |
Interest Rate (% PA) |
Initial / Minimum Deposit |
Minimum Balance |
Monthly Service Charge |
|
|
Current |
Personal |
MVR |
N/A |
10,000.00 |
2,000.00 |
75.00 |
|
Others |
MVR |
N/A |
15,000.00 |
5,000.00 |
125.00 |
|
|
Personal |
USD |
N/A |
3,000.00 |
500.00 |
15.00 |
|
|
Others |
USD |
N/A |
5,000.00 |
1,000.00 |
25.00 |
|
|
Personal |
EURO |
N/A |
3,000.00 |
500.00 |
15.00 |
|
|
Others |
EURO |
N/A |
5,000.00 |
1,000.00 |
25.00 |
|
|
Savings * |
Personal |
MVR |
2.00 |
500.00 |
500.00 |
25.00 |
|
Others |
MVR |
2.00 |
2,000.00 |
1,000.00 |
25.00 |
|
|
Personal |
USD |
1.75 |
100.00 |
100.00 |
3.00 |
|
|
Others |
USD |
1.75 |
500.00 |
250.00 |
3.00 |
|
|
Personal |
EURO |
1.75 |
500.00 |
250.00 |
3.00 |
|
|
Others |
EURO |
1.75 |
500.00 |
250.00 |
3.00 |
|
|
Fixed Deposit |
Personal |
MVR |
N/A |
10,000.00 |
N/A |
N/A |
|
Corporate |
MVR |
N/A |
10,000.00 |
N/A |
N/A |
|
|
Personal |
USD |
N/A |
1,000.00 |
N/A |
N/A |
|
|
Corporate |
USD |
N/A |
1,000.00 |
N/A |
N/A |
|
|
Fixed Deposit |
3 Months |
MVR |
2.25% |
10,000.00 |
N/A |
N/A |
|
USD |
2.00% |
1,000.00 |
N/A |
N/A |
||
|
6 Months |
MVR |
2.50% |
10,000.00 |
N/A |
N/A |
|
|
USD |
2.25% |
1,000.00 |
N/A |
N/A |
||
|
12 Months |
MVR |
3.25% |
10,000.00 |
N/A |
N/A |
|
|
USD |
2.75% |
1,000.00 |
N/A |
N/A |
||
* Any deposit over MVR 2.5 million or equivalent any other currency is subjected to approval of the country manager of Maldives.
* Note 1: For early redemption of FD's less than 3 months, no interest will be paid
* Note 2: For early redemption of FD's after 3 months, rates will be reduced to savings account rate