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Friday, August 22, 2008

Colonial National Bank Interest Rate

Schedule of interest rates released by Colonial National Bank are as follows:

  • Business Banking Base Rate – 9.45%
  • Residential Property Loan : Variable Rate – 9.75%, 1 Year Fixed Rate – 7.75%;
  • Investment Loan : Variable Rate – 9.75%, 1 Year Fixed Rate – 7.75%;
  • Retail Term Deposits: 9 months - 2.00%, 1 year - 2.00%, 1.5 Years - 2.00%, 2 Years - 2.00%, 3 Years - 2.00%.

Interest rates are on a per annum basis and may be varied by the bank without prior notice.

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