Rates and Charges
| Type of Deposit Account | Nominal Interest Rates (%) | Actual Interest Rates (%) | Minimum Opening Balance | ||
|---|---|---|---|---|---|
| BWP | (Lowest-Highest) | (Lowest-Highest) | (P’ 000) | ||
| Current | 0.00-0.00 % | 0.00-0.00% | 3000 | ||
| Call | 0.00-1.00% | 0.00-1.01% | 1000 | ||
| Savings | 0.00-2.00% | 0.00-2.03% | 100 | ||
| 91-Days Fixed Deposit | 1.50-1.50% | 1.50-1.50% | 500 | ||
| 6 months | 1.75-1.75% | 1.75-1.76% | 500 | ||
| 12 months | 4.00-4.00% | 4.00-4.09% | 500 | ||
| 24 months | 4.50-4.50% | 4.50-4.57% | 500 | ||
| Over 24 months | 4.75-4.75% | 4.75-4.83% | 500 | ||
| USD | (Lowest-Highest) | (Lowest-Highest) | (USD) | ||
| 3 months Fixed Deposit | 0.00-0.00% | 0.00-0.00% | No Minimum Balance | ||
| 6 months | 0.20-0.25% | 0.20-0.25% | 5000 | ||
| Over 12 months | 0.45-0.50% | 0.45-0.50% | 5000 | ||
| ZAR | (Lowest-Highest) | (Lowest-Highest) | (ZAR) | ||
| 6 months | 2.00-2.00% | 2.01-2.01% | 1 million | ||
| Over 12 month | 3.00-3.00% | 3.03-3.03% | 1 million | ||
| Baroda Prime Lending Rate (BPLR) 6.51% p.a. w.e.f 08.12.2023 | |||||
| Lending Rates | Nominal Interest Rates (%) | Average Effective Interest Rates (%) | |||
| MoPR | 2.40 % | 2.40% | |||
| Prime Lending Rate | 6.51% | 6.71% | |||
| Mortgage Facility | 6.51-12.00% | 6.71-12.68% | |||
| Overdraft Facility (Revolving Credit Lines) | 6.51-11.75% | 6.71-12.40% | |||
| Credit Card | NA | NA | |||
| Lease Loans | 6.51-11.75% | 6.71-12.40% | |||
| Unsecured Personal Loans (excluding overdrafts, mortgage and credit cards) | 8.50-14.75% | 8.84-15.79% | |||
| Other Long-Term Loans | 6.51-11.75% | 6.71-12.40% | |||
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.