|
|
Lending Rates Interest Rate Guide
VOLUME/PERIOD | SAVINGS | Current Accounts -Private Sector | Current Accounts -Public Sector | CALL | 7 DAYS | 30 DAYS | 60 DAYS | 90 DAYS | 180 DAYS | 365 DAYS | Above 365 days | FIGURES ARE IN NAIRA | 3%-4% | | | | | | | | | | | BELOW 1MILLION | | | | 1.00% | 1.50% | 1.0-2.25% | 1.50-2.00% | 2.15% | 2.15% | 2.15% | NEGOTIABLE | 1M-4.99MILLION | | 0% | 0% | 1.00% | 1.50% | 2.25-2.50% | 2.00-2.50% | 2.35% | 2.35% | 2.35% | NEGOTIABLE | 5M-9.99MILLION | | 1% | 0% | 1.25% | 1.75% | 2.50-3.00% | 2.50-3.00% | 3.00% | 3.00% | 3.00% | NEGOTIABLE | 10M-9.99MILLION | | 1% | 0% | 1.50% | 2.00% | 3.00-3.50% | 3.00-3.50% | 3.25% | 3.25% | 3.25% | NEGOTIABLE | 20M-9.99MILLION | | 1% | 0% | 1.75% | 2.50% | 3.50-4.00% | 3.50-4.00% | 3.75% | 3.75% | 3.75% | NEGOTIABLE | 50M-9.99MILLION | | 1% | 0% | 2.00% | 2.75% | 4.00-4.50% | 4.00-4.50% | 4.00% | 4.00% | 4.00% | NEGOTIABLE | 100M-9.99MILLION | | 1% | 0% | 2.25% | 3.00% | 4.50-5.50% | 4.50-5.00% | 4.75% | 4.75% | 4.75% | NEGOTIABLE | 500M-9.99MILLION | | 1% | 0% | 2.50% | 3.50% | 5.50-6.25% | 5.00-5.50% | 5.50% | 5.50% | 5.50% | NEGOTIABLE | N1BILLION and Above | | 1% | 0% | 2.50% | 3.75% | 6.25-7.00% | 6.45-6.75% | 6.50% | 6.50% | 6.50% | NEGOTIABLE |
EFFECTIVE DATE New Deposit Rates take effect from 20th April, 2010
PRIME LENDING RATE PER ANNUM | MAXIMUM LENDING RATE PER ANNUM | MANAGEMENT FEE | PROCESSING FEE | COMMITMENT FEE | TOD/DAUE/DC rate p.a. | Default Rate p.a. | | 22.00% | 24.00% | 0.75% flat per qtr | 0.25% FLAT | 1% FLAT | 28.00% | 28.00% |
|
|
|
|
|
|
| | NB : Lending Rate remains the same with effect from December 1, 2009. |
|
|
|