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What is Fixed Deposit Rollover Details about?

This document is a deposit rollover advice for a 2 month fixed deposit that was rolled over on March 26, 2012. The principal amount was rolled from MWK 11,143,139.41 to MWK 11,266,232.94 at a fixed interest rate of 7.8% per annum. The deposit is scheduled to mature on March 26, 2012 after being placed on January 23, 2012 for a tenor of 60 days. Upon maturity, the total payment will be MWK 11,421,799.55 consisting of the principal amount plus interest of MWK 155,566.61.

Author

MTSB06

Language

EN