Interest Rates / Dividends

Savings

 

Type of Savings Current Interest Rates (p.a.)
General Savings 0.25% – 1 July 2011 to 31 December 2011
Bonus Savings Effective Rate: 3.08% p.a. ( wef: 1 March 2011 )
Term Deposits 12 months: 0.50% – 0.75% p.a.

 

Loans

 

Types of Loans Current Interest Rates (p.a.) Maximum Repayment Period
Personal Surety Loan 3.0% p.a. 60 months
Short Term Loan 5.5% p.a. 12 months
Fast Track Loan 3.0% p.a. 12 months
Medium Term Loan
(with/without Sureties)
As per Medium Term Table Below
Wedding Loan 4.5% p.a. 36 months
Fixed Term of $10,000 3.0% p.a. 24 months
Associate/Family Member
Short Term Loan
6.0% p.a. 12 months

 

Medium Term Loan

 

Loan Amount Maximum Repayment Period Current Loan Interest Rates
<= $20,000 42 months 5.5% p.a.
> $20,000 – $30,000 54 months 5.0% p.a.
> $30,000 – $60,000 60 months 4.75% p.a.

 

Dividend

 

Year Dividend
2010 8.0%
2009 4.0%
2008 3.0%
2007 6.0%
2006 7.5%