Mercantile Bank Limited Pages

Mercantile Bank Fixed Deposit Interest Rates

Mercantile Bank Fixed Deposit Interest Rates

Below is the information on the Mercantile Bank Fixed Deposit Interested Rates.

Fixed Deposits Interest Rates

PeriodMonthlyMaturity
NominalAERNominalAER
01 MONTH10.25 %10.75%
03 MONTHS10.25 %10.75%11.25 %11.73%
06 MONTHS11.25 %11.85%11.75 %12.10%
12 MONTHS11.50 %12.13%12.00 %12.00%
18 MONTHS12.00 %12.68%12.50 %12.14%
24 MONTHS12.25 %12.96%12.75 %12.03%
36 MONTHS12.50 %13.24%13.25 %11.80%
48 MONTHS12.75 %13.52%14.25 %11.94%
60 MONTHS13.00 %13.80%14.75 %11.68%
  • Fixed Deposit rates with effect from 04th of July 2018
  • Rates are subject to change
  • Enjoy additional 1% for Senior Citizens