Multi Finance as a fully backed subsidiary of Fairway Holdings, geared to offer higher guaranteed return on investment through flexible terms & conditions.
Beside the core range of products attractive Fixed Deposit rates are made available ranging from 1 moth to 5 years. Multi Finance is reputed with an unblemished track record with trust & confidence built upon through 4 decades in the hearts and minds of its' customers.
We vouch the best secured & stable path for your future through our fixed deposits.
Benefits in depositing with MFPLC:
- Higher interest rate
- Security guaranteed on trust built over four decades
- Personalized service
- Investment advisory service
FIXED DEPOSIT RATES
| Period | Monthly (p.a) | A.E.R. | Maturity (p.a) | A.E.R. |
|---|---|---|---|---|
| 01 month | - | - | 7.00% | 7.23% |
| 03 month | 7.00% | 7.23% | 7.50% | 7.71% |
| 06 month | 7.50% | 7.76% | 8.00% | 8.16% |
| 12 month | 8.50% | 8.84% | 8.75% | 8.75% |
| 13 month | 8.50% | 8.84% | 8.75% | 8.72% |
| 15 month | 8.50% | 8.84% | 8.75% | 8.66% |
| 24 month | 9.50% | 9.92% | 10.00% | 9.54% |
| 36 month | 10.00% | 10.47% | 10.50% | 9.56% |
| 48 month | 10.50% | 11.02% | 11.00% | 9.54% |
| 60 month | 11.00% | 11.57% | 11.50% | 9.51% |
Savings Accounts interest rates will be applicable as follows:
- Suraksha - 7.0% p.a.
- Muthuhara - 7.5% p.a.
Senior Citizens above 60 years are eligible for an additional 0.5% above the standard rates for 01 year or more FDs.
Released on 01st July 2019
A.E.R – Annual Effective Rate
