Deposits interest rates are implemented with effect from 20.09.2024.

91 DAYS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD114	ON MATURITY	1.25	1.26
P500000	Above	TD114	ON MATURITY	NEGOTIABLE

 

3 MONTH TO BELOW 6 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD114	ON MATURITY	1.25	1.26
P500000	Above	TD114	ON MATURITY	NEGOTIABLE

 

6 MONTHS TO BELOW 12 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD112	FD-MIP	1.50	1.51
P500	P499999	TD113	FD-QIP	1.50	1.51
P500	P499999	TD114	ON MATURITY	1.50	1.51
P500	P499999	TD116	FD-RIRD	1.50	1.51
P500000	Above			NEGOTIABLE

 

12 MONTHS TO BELOW 17 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD112	FD-MIP	3.25	3.56
P500	P499999	TD113	FD-QIP	3.25	3.56
P500	P499999	TD114	YEARLY	3.25	3.56
P500	P499999	TD116	FD-RIRD	3.25	3.56
P500000	Above			NEGOTIABLE

 

18 MONTHS TO BELOW 24 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD112	FD-MIP	3.75	3.82
P500	P499999	TD113	FD-QIP	3.75	3.82
P500	P499999	TD114	ON MATURITY	3.75	3.82
P500	P499999	TD116	FD-RIRD	3.75	3.82
P500000	Above			NEGOTIABLE

 

24 MONTH TO BELOW 36 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD112	FD-MIP	4.00	4.07
P500	P499999	TD113	FD-QIP	4.00	4.07
P500	P499999	TD114	YEARLY	4.00	4.07
P500	P499999	TD116	FD-RIRD	4.00	4.07
P500000	Above			NEGOTIABLE

 

36 MONTHS			Payable	New Rates
				Rates%	Annual Yield%
From	To
P500	P499999	TD112	FD-MIP	4.25	4.33
P500	P499999	TD113	FD-QIP	4.25	4.33
P500	P499999	TD114	YEARLY	4.25	4.33
P500	P499999	TD116	FD-RIRD	4.25	4.33
P500000	Above			NEGOTIABLE

     

SAVING BANK DEPOSIT (AMOUNT IN PULA)	Payable	New Rates
		Rates%	Annual Yield%
UPTO 2500		No Interest
2501 TO 25000	Monthly	0.25	0.25
25001 TO 50000	Monthly	0.75	0.75
50001 AND ABOVE	Monthly	1.75	1.79

   

PREMIUM SAVING BANK ACCOUNT (AMOUNT IN PULA)	Payable	New Rates
		Rates%	Annual Yield%
UPTO 2500		No Interest
2501 TO 25000	Quarterly	0.25	0.25
25001 TO 50000	Quarterly	0.75	0.75
50001 AND ABOVE	Quarterly	1.75	1.79
100001 AND ABOVE	Quarterly	2.00	2.02

 

	(AMOUNT IN PULA)	Payable	New Rates
			Rates%	Annual Yield%
CALL DEPOSIT	>P10000 and <=P1Mlo	Monthly	0.25	0.25
	>P1Mlo and<=P5Mlo	Monthly	0.75	0.75
	>P5Mlo	Monthly	1.00	1.01

 

RECURRING DEPOSIT (MOTSWEDI) SCHEME	Payable	New Rates
		Rates%	Annual Yield%
UPTO 12 Months	Monthly	1.50	1.51
OVER 12 Months TO 24 Months	Monthly	3.75	3.82
OVER 24 Months TO 36 Months	Monthly	4.00	4.07
OVER 36Months	Monthly	4.25	4.33

 

PRIME RATE: 6.26% w.e.f 13.06.2024 based on Monetary Policy declared by Bank of Botswana dated 13.06.2024.

ZAR		Payable	New Rates
CALL DEPOSIT	>P500,000 and <=1 Million	Annually	0.50
	>Above P1 Million	Annually	1.00

   

ZAR		Payable	New Rates
FIXED DEPOSIT
6 Months and less than 1 year	Amount minimum P1 Million and above	Annually	1.75
1 year and above	Amount minimum P1 Million and above	Annually	2.75

 

USD
CALL DEPOSIT	No fixed rate
FIXED DEPOSIT:		New Rates	New Rates		New Rates
From	To	3 Months	6 Months		12 Months and above
0.00	4999	0.00	0.00		0.00
5000	99999	0.20	0.45		0.70
100000 and above		0.25	0.50		0.75

NB: For AUD currency customers are notified that we are not offering any interest rate on the same.

In summary Terms Deposits Rates are as below.

TERM DEPOSIT IN PULA	Payable	New Rates
		Rates%	Annual Yield%
Tenor below 6 Months	Monthly	1.25	1.26
6 months to below 12 months	Monthly	1.50	1.51
12 months to below 24 months	Monthly	3.25	3.56
24 months to below 36 months	Monthly	4.00	4.07
36 Months	Monthly	4.25	4.33

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Contacts:

Head office: Old Nokia, G-west, Gaborone, Ph: 3992700, Email: ho.botswana@bankofbaroda.com.

Gaborone Branch: Main Mall, Gaborone, Ph: 3188878, email: gaborone@bankofbaroda.com.

G-West Branch: Kamoshungo Road, Gaborone, Ph: 3992705, Email: gwesbo@bankofbaroda.com. 

Francistown Branch: Haskins Building, Francistown, Ph: 2413440, Email: francistown@bankofbaroda.com. 

Palapye Branch: Madiba Complex, Palapye, Ph: 4920041, Email: palapye@bankofbaroda.com.