Fixed Deposits

They say it takes money to make money. We say it doesn’t have to. That’s why, all it takes to earn South Africa’s best investment rate is R500. Because we understand that big dreams don’t need big starts. So, stop searching and start growing. Open an account in 3 minutes.
  • Interest rates are quoted on a per annum basis and are valid for today only as they may change over time.
  • Terms and conditions apply. We cannot advise you on the tax implications of investing. It is recommended that you contact your financial advisor or tax consultant.

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More about the Fixed Deposit

What you need to open your Fixed Deposit account

To open your Fixed Deposit account you will need these documents: The minimum opening deposit is R500.

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Identity document or Passport

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Proof of residence not older than three months

Terms and Conditions

*Based on Nominal Annual Compounding Annually (NACA) Interest Rate.**Based on simple interest on expiry. The interest rate is valid as at 11 October 2018 and is subject to change. Rates were correct at time of print. Actual pay-out could differ due to the number of days in a month and interest rate at the start day of the investment. African Bank Limited is an authorized financial services and registered credit provider. NCR Reg No: NCRCP7638 . Reg No:2014/176899/06

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