Investment Accounts - African Bank Fixed Deposit Investment Account

African Bank Fixed Deposit Investment Account

 
0 Likes

African Bank Fixed Deposit Investment Account

The African Bank Fixed Deposit Investment Account allows you to build a safe and secure…

0 Likes

0.00

out of 0 Reviews

African Bank Fixed Deposit Investment Account

The African Bank Fixed Deposit Investment Account allows you to build a safe and secure financial future for you and your family by letting you invest a lump sum for a fixed period of time at a guaranteed fixed interest rate. This investment account helps you not touch your investment so that your money can grow. African Bank will assist you in growing your money so that you can enjoy life’s little treasures.

African Bank Fixed Deposit Investment Account Features:

  • Terms range from 3 months up to 60 months.
  • The interest rate does not change for the duration of the investment – the rate is fixed at the start of the investment and does not change even if dominant interest rates change.
  • The start date is the day on which the money is received by African Bank.
  • Interest can be paid out monthly / every 6 months / every 12 months or upon maturity.
  • African bank allows for additional deposits into a fixed deposit for the first 7 days after initial funding to cater for transfer limits on internet banking platforms. Thereafter no additional deposits are allowed into a Fixed Deposit.
  • In exceptional cases the customer can apply to the bank for early withdrawal of the funds – this is at the bank’s discretion and a penalty fee will apply.

 

African Bank contact details:

Address: 59 16th Road,
Midrand, Johannesburg 1685

Tel: 011 256 9000
Email: [email protected]
Website: www.africanbank.co.za

Account Details

Highest Interest Rate 6.80% - 10.05%
Min Investment Amount 500.00
Investment Period 3, 6, 12, 24, 60 months

Interest Rates

R1,000 - R10,000 6.80% - 10.05%
R10,000 - R25,000 6.80% - 10.05%
R25,000 - R50,000 6.80% - 10.05%
R50,000 - R75,000 6.80% - 10.05%
Interest R75,000 - R100,000 6.80% - 10.05%
Interest R100,000 - R500,000 6.80% - 10.05%
R500,000 - R1,000,000 6.80% - 10.05%
R1,000,000 - R5,000,000 6.80% - 10.05%
R5,000,000 + 6.80% - 10.05%


Share Your Thoughts About African Bank Fixed Deposit Investment Account using Facebook

Rate African Bank Fixed Deposit Investment Account

Rate African Bank Fixed Deposit Investment Account

×

Powered by WhatsApp Chat

× Whatsapp Chat
Top