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Monday, February 22, 2010

Colonial National Bank Interest Rates (Updated 22.2.10)

Schedule of interest rates released by Colonial National Bank are as follows:
  • Business Banking Base Rate – 9.20%;
  • Residential Property Loan : Variable Rate – 8.25%, 1 Year Fixed Rate – 7.25%;
  • Investment Loan : Variable Rate – 8.25%, 1 Year Fixed Rate – 7.25%;
  • Retail Term Deposits: 9 months - 5.00%, 1 year - 3.50%, 1.5 Years - 3.75%, 2 Years - 4.00%, 3 Years - 4.50%.

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

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