3 mo.
 2.90
 2.90  6 mo.
 3.15
 3.15  12 mo.
 3.40
 3.65  24 mo.
 4.55
 4.80  36 mo.
 5.10
 5.30  48 mo.
 5.25
 5.50  60 mo.
 6.00
 6.25 Click here for more rates

Home >> Product and Services >> Fixed Deposits

Fixed Deposits

 
Deposit Taking
Our attractive deposit taking interest rates are linked with the amount invested. In other words, the more you save, the more you earn. Additionally, the period of your deposits and the frequency of interest payments can be tailored to suit your needs.

Who can apply?

SICOM Financial Services Ltd accepts deposits from both Individuals and Corporates. Individuals can open single and joint accounts. Accounts can also be opened on behalf of a minor. Individuals living abroad can also place their money on deposit through their local representative.

Documents to be Submitted by Individual Applicant
  1. Certified copy of either of the following: national identity card, current valid passport or current driving license
  2. Certified copy or original of either of the following: recent utility bill, recent bank/credit card statement or a recent bank reference
  3. In case of joint application, (1) and (2) listed above are required for both applicants
  4. A certified copy of birth certificate is required for minors
  5. Evidence of Source of Fund

Opening a Deposit Account
Opening your account is easy. You can start with only Rs 10,000. You can either call in person at SICOM Financial Services Ltd or simply call us on 203 8420 for an appointment with one of our officers.

You can also email us at sfsl@sicom.intnet.mu leaving your name, address, phone numbers and our dedicated staff will contact you.

Paying money in
A deposit can be made either in cash(not exceeding Rs 500,000), or by an office cheque drawn in favour of SICOM Financial Services Ltd.

Note: The Company reserves the right, not to accept any deposit without assigning any reason thereto.

Rates
SICOM Financial Services Ltd offers a full range of fixed deposit rates based on the deposit amount for specific periods to suit your requirement. Click here to see our full range of rates

Application Forms
Application forms for Fixed Deposits can be downloaded from here.

Calculator
Click here for the standard calculator for fixed deposits.