BANQUE PATRONUS
Statement of Principal Interest Rates and Service Charges
Last updated 2 October 2024
| A) INTEREST RATES | Individuals | Corporates | Others |
|---|---|---|---|
| 1) Deposits | |||
| Savings | 2.50% | 2.50% | N/A |
| Call | N/A | N/A | N/A |
| Term (MUR) | 2.55% | 2.55% | N/A |
| Term (FCY) | N/A | ||
| US DOLLAR | N/A | N/A | N/A |
| POUND | N/A | N/A | N/A |
| 2) Credit facilities (MUR) | |||
| Prime Lending Rate | 9.0% | 9.0% | N/A |
| Credit Cards | N/A | N/A | N/A |
| Other credit facilities - margin over PLR | PLR-5.25 - PLR+5.25% | PLR-5.75 - PLR+3.25% | N/A |
| 3) Credit facilities (FCY) | Negotiable | Negotiable | N/A |
| B) DEPOSITS | Individuals | Corporates | Others |
|---|---|---|---|
| 4) Savings Account | |||
| Minimum account opening balance | 500.00 | 500.00 | N/A |
| Minimum credit balance to earn interest | 1500.00 | 1500.00 | N/A |
| Monthly service charges if credit balance falls below minimum balance |
N/A | N/A | N/A |
| 5) Current Account | |||
| Minimum account opening balance | 5000.00 | 5000.00 | N/A |
| Cost of cheque book | 7.00 per leaf | 7.50 per leaf | N/A |
| Half Yearly service charges on Overdraft | 517.50 | 517.50 | N/A |
| 6) Call Deposit Account | |||
| Minimum balance | 25,000.00 | 25,000.00 | N/A |
| Minimum credit balance to earn interest | N/A | N/A | N/A |
| Monthly service charges | N/A | N/A | N/A |
| 7) Term deposits (MUR) | |||
| Minimum amount | 25,000.00 | 25,000.00 | N/A |
| Deposit withdrawn before maturity | 1% Penalty | 1% Penalty | N/A |
| If withdrawn before 3 months | No Interest | No Interest | N/A |
| 8) Term deposits (FCY) | |||
| Minimum amount | At Management Discretion | At Management Discretion | N/A |
| Deposit withdrawn before maturity | 1% Penalty | 1% Penalty | N/A |
| If withdrawn before 3 months | No Interest | No Interest | N/A |
| 9) Foreign Currency Account | |||
| Minimum balance | N/A | ||
| Euro | At Management Discretion | At Management Discretion | N/A |
| Pound Sterling | At Management Discretion | At Management Discretion | N/A |
| US Dollar | At Management Discretion | At Management Discretion | N/A |
| Minimum credit balance to earn interest | N/A | N/A | N/A |
| Monthly servcie charges | N/A | N/A | N/A |
| C) CREDIT FACILITIES | Individuals | Corporates | Others |
|---|---|---|---|
| 10) Credit Cards | |||
| Annual fee | N/A | N/A | N/A |
| Replacement of lost/stolen cards | N/A | N/A | N/A |
| Cash advance fee | N/A | N/A | N/A |
| Overlimit fee | N/A | N/A | N/A |
| 11) Loans and advances | |||
| Processing fee | |||
| Against cash collateral | 3,1000.00 flat | 3,1000.00 flat | N/A |
| Against non cash collateral | 5,100.00 (Up to 3M) | 5,100.00 (Up to 3M) | N/A |
| 10,100 (3M TO 10M) | 10,100 (3M TO 10M) | N/A | |
| 25,100 (Over 10M) | 25,100 (Over 10M) | N/A | |
| Temporary Overdraft/ facility | Min 1,000.00 | Min 1,000.00 | N/A |
| Disbursement fee | 1% (Min1,000.00 & Max. 25,000.00) | 1% - Max 25,000.00 | N/A |
| Arrangement fee | N/A | N/A | N/A |
| Overdraft fee | 517.50 half yearly | 517.50 half yearly | N/A |
| Commitment fee | N/A | N/A | N/A |
| Early redemption/prepayment fee | N/A | N/A | N/A |
| Valuation Survey & Report fee | As claimed by the Valuator | As claimed by the Valuator | N/A |
| Legal charges for creation of security documents | |||
| Fixed/Floating Charges | Actual fee + 500.00 | Actual fee + 500.00 | N/A |
| Gages sans deplacement | Actual amt + 500.00 | Actual amt + 500.00 | N/A |
| Erasure of charges | Actual amt + 500.00 | Actual amt + 500.00 | N/A |
| Search cost | As claimed by Notary | As claimed by Notary | N/A |
| 12) Guarantees | |||
| Performance bonds | 1.5% p.a (Up to 5M) plus 1% p.a. (Above 5M). Minimum 1,000.00 |
1.5% p.a (Up to 5M) plus 1% p.a. (Above 5M). Minimum 1,000.00 |
N/A |
| Tender/bid bonds | 1% flat for the first 6 month plus 0.25% flat for each additional period of 6 month (Min 1,000.00) |
1% flat for the first 6 month plus 0.25% flat for each additional period of 6 month (Min 1,000.00) |
N/A |
| Payment Guarantee | 1% p.a. (Min 1,000.00) | 1% p.a. (Min 1,000.00) | N/A |
| Retention money bonds/guarantees | N/A | N/A | N/A |
| Shipping guarantee | Min 1,000.00 for the first 2 months plus 500.00 for each additional month |
Min 1,000.00 for the first 2 months plus 500.00 for each additional month |
N/A |
| Avalisation | 2% flat (Min. 1,000.00) | 2% flat (Min. 1,000.00) | N/A |
| Other Guarantee | Minimum 2% p.a. (Min. 1,000.00) | Minimum 2% p.a. (Min. 1,000.00) | N/A |
| LG Amendment | 500.00 | 500.00 | N/A |
| D) GENERAL SERVICES | Individuals | Corporates | Others |
|---|---|---|---|
| 13) Treasury Bills | |||
| Account opening fee | N/A | N/A | N/A |
| Transaction fee | N/A | N/A | N/A |
| 14) Debit Cards | N/A | N/A | N/A |
| Annual fee | N/A | N/A | N/A |
| Replacement of lost/stolen cards & PINS | 287.50 | 287.50 | N/A |
| Withdrawals | |||
| Bank's ATM | N/A | N/A | |
| Other bank's ATM | N/A | N/A | N/A |
| Overseas | 6% (Min. 35.00) | 6% (Min. 35.00) | N/A |
| Balance Enquiry on other bank's ATM | 15.00 | 15.00 | N/A |
| 15) Others | |||
| Telegraphic transfer | 300.00 - 500.00 | 300.00 - 500.00 | N/A |
| MACSS facility | 100.00 per transaction | 100.00 per transaction | N/A |
| Audit confirmation certificate | 500.00 | 1000.00 | N/A |
| Testimonial/Banker's reference fee | 500.00 | 500.00 | N/A |
| Letter of reference | 500.00 | 500.00 | N/A |
| Payroll fee In house | N/A | N/A | N/A |
| Others (MACSS) | 100.00 per MACSS transfer | 100.00 per MACSS transfer | N/A |
| Internet banking fee | N/A | N/A | N/A |
| Duplicate statement of account | MUR 30 per sheet + MUR 250 if beyond 2 years | MUR 30 per sheet + MUR 250 if beyond 2 years | N/A |
| Standing Instructions | 10.00 - 250.00 | 10.00 - 250.00 | N/A |
| Internal transfer | free | free | N/A |
| Transfer to other banks (MACSS) | 100.00 per MACSS transfer | 100.00 per MACSS transfer | N/A |
| Direct debit | fee | fee | N/A |
| Purchase of foreign cheques/bank drafts | N/A | N/A | N/A |
| Office cheque issuance | 150.00 | 150.00 | N/A |
| Cheque book facility | 7.00 PER LEAF | 7.00 PER LEAF | N/A |
| Cheque returned | |||
| Inward | 50.00 | 50.00 | N/A |
| Outward | 350.00 | 350.00 | N/A |
| Stop payment orders | 100.00 per instruction | 100.00 per instruction | N/A |
| Safe deposit lockers | N/A | N/A | N/A |
| Night safe | N/A | N/A | N/A |
| Bank's opinion | 500.00 | 500.00 | N/A |
| Special Clearing | 250.00 per cheque | 250.00 per cheque | N/A |
| Certificate of Balance | 300.00 | 300.00 | N/A |
| Fee on unclaimed account | 1150.00 | 1150.00 | N/A |
| Drafts | N/A | ||
| Issuance | 250.00 | 250.00 | N/A |
| Duplicate draft | 500.00 | 500.00 | N/A |
| Cancellation fee | 500.00 | 500.00 | N/A |
| Stop payment | 500.00 | 500.00 | N/A |
| Purchase of TCs | N/A | N/A | N/A |
