- 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
Identity document or Passport
The minimum opening deposit is R500.
Updated 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 1 January 2021 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