Rates and Charges
UGX Deposit
For less than UGX 10 Million
| Sr. No. | Tenor of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 4.00 % |
| 2. | 91 days to 180 days | 5.00 % |
| 3. | 181 days to 270 days | 6.00 % |
| 4. | 271 days to less than 1 year | 7.00% |
| 5. | 1 year and above to less than 2 years | 8.25 % |
| 6. | 2 years and above | 8.25 % |
| - | ||
| Sr. No. | Tenor | Rates |
| 1. | 12 months | 8.25 % |
| 2. | 24 months | 8.50 % |
| 3. | 36 months | 8.50 % |
For UGX 10 Million and above to less than 500 Million
| Sr. No. | Tenor of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 4.50 % |
| 2. | 91 days to 180 days | 5.25 % |
| 3. | 181 days to 270 days | 6.50 % |
| 4. | 271 days to less than 1 year | 7.50 % |
| 5. | 1 year and above to less than 2 years | 8.75 % |
| 6. | 2 years and above | 8.75 % |
| Flexi Deposit | ||
| Sr. No. | Tenor | Rates |
| 1. | 1 year | 8.75 % |
| 2. | 2 years | 8.75 % |
| 3. | 3 years | 8.75 % |
For UGX 500 Million and above
| S. No. | Tenor of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 4.50 % |
| 2. | 91 days to 180 days | 6.00 % |
| 3. | 181 days to 270 days | 7.00 % |
| 4. | 271 days to less than one year | 8.00% |
| 5. | 1 year and above to less than 2 years | 9.00 % |
| 6. | 2 years and above | 9.00 % |
| Flexi Deposit | ||
| Sr. No. | Tenor | Rates |
| 1. | 1 year | 9.00 % |
| 2. | 2 years | 9.00 % |
| 3. | 3 years | 9.00 % |
USD Deposits
For less than USD 10000
| Sr. No. | Tenor of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 0.25 % |
| 2. | 91 days to 180 days | 0.75 % |
| 3. | 181 days toless than 1 year | 1.00 % |
| 4. | 1 year and above | 1.75% |
For USD 10000 and above to less than USD 50000
| S.No. | Tenor of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 1.00 % |
| 2. | 91 days to 180 days | 1.50 % |
| 3. | 181 days to less than 1 year | 1.75 % |
| 4. | 1 year and above | 2.25 % |
| 4. | 2 years and above | 2.50 % |
For USD 50000 and Above
| S. No. | Teror of the retail deposit | Rates |
|---|---|---|
| 1. | 30 days to 90 days | 1.50 % |
| 2. | 91 days to 180 days | 1.75 % |
| 3. | 181 days to less than 1 year | 1.75 % |
| 4. | 1 year and above | 2.50% |
| 4. | 2 years and above | 2.75% |
Card Rates on Deposits (GBP)
| S. No. | Period | Revised Rates |
|---|---|---|
| 1. | 30 days to 90 days | 0.10 % |
| 2. | 91 days to 180 days | 0.10 % |
| 3. | 181 days to less than 1 year | 0.15% |
| 4. | 1 year and above | 0.20 % |
Card Rates on Deposits (EURO)
| S. No. | Period | Revised Rates |
|---|---|---|
| 1. | 30 days to 90 days | 0.10 % |
| 2. | 91 days to 180 days | 0.10 % |
| 3. | 181 days to less than 1 year | 0.10% |
| 4. | 1 year and above | 0.10 % |
Advances
Prime Lending Rates
| Details | Interest Rate w.e.f. 10.02.2018 |
|---|---|
| PLR for Borrowers with sanctioned limit upto Ugx 20.00 Million | 20.00 % p.a. |
| PLR for Borrowers with sanctioned limit above Ugx 20.00 Million | 20.00% p.a. |
| PLR for USD Loans | 10.00% p.a. |
Scheme Specific Rate of interest is as under.
| Name of Scheme | Rate of Interest |
|---|---|
| Baroda Salary Loan | 4% over PLR |
| Baroda Multipurpose Loan | 5% over PLR |
| Baroda Business Loan | 5% over PLR |
| Baroda Education Loan | PLR : for Loan uptp Ugx 5 million PLR + 3% for Loans over Ugx 5 million |
| Baroda Asset Financing | 2% over PLR |
| Baroda Traders Loan | 2% over PLR |
| Baroda Housing Loan | 2% below PLR |
For all other Loans, the interest is charged as per the Credit Rating of the Account.
Interest is charged with monthly rests.
Charges for the credit facilities :
- Interest at the sanctioned rate for the amount outstanding
- Processing charges @ 1% for the entire limits (fund based and non fund based) for Ugx limits. Processing charges is also levied on the term loan on yearly basis, Processing charges @ 0.75% for USD Loan facilities.
- Commission on Bank Guarantees / LCs is 0.75% per quarter and Part there of.In case of LC / BG backed by 100% cash collateral, the charges are 50% of the normal rates.
- Apart from the above, legal charges, insurance charges (if any) etc., is borne by the borrower. These are on actual basis.
** For further details, contact any of our branches in Uganda
*** Interest Rates on Deposits & Advances are subject to changes. For latest applicable rates, please contact any of our in Uganda.