Product Interest Rates

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
Prime Lending Rate 6.75% p.a.! w.e.f. 26.08.2022.
Lending Rates		Nominal Interest Rates (%)		Average Effective Interest Rates (%)
MoPR		2.65 %		2.65%
Prime Lending Rate		6.75%		6.96%
Mortgage Facility		6.75-12.25%		6.96-12.96%
Overdraft Facility (Revolving Credit Lines)		6.75-12.00%		6.96-12.68%
Credit Card		NA		NA
Lease Loans		6.75-12.00%		6.96-12.68%
Unsecured Personal Loans (excluding overdrafts, mortgage and credit cards)		8.75-15.00%		9.10-16.07%
Other Long-Term Loans		6.75-12.00%		6.96-12.68%

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.