Fixed Deposit
Timed savings plan for large sums over a long period of time suitable for individuals, groups and organizations.
Interest Payable
- Varies according to amount
Minimum Opening Balance
- D5,000
- D5,000
Minimum Tenor
- 3 months (renewable)
Account Opening Fee
- N/A
Savings Frequency
- Single deposit into account
Withdrawal Frequency
- No withdrawals allowed
COT Charges
- No COT Charged on the account
Product Benefits
- Fast opening process
- Minimal starting amounts over a flexible period
- The account offers favorable interest rates
- Flexible operating terms and conditions
- Account can be used to access credit facilities
- Access to E-Services