Investment Accounts - African Bank Notice Deposit Investment Account

African Bank Notice Deposit Investment Account

 
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African Bank Notice Deposit Investment Account

The African Bank Notice Deposit Investment Account is there for you to build a safe…

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African Bank Notice Deposit Investment Account

The African Bank Notice Deposit Investment Account is there for you to build a safe and secure future for you and your family. African Bank will assist you in growing your funds so that you can enjoy life’s treasures. With the African Bank Notice Deposit Investment Account you can invest from as little as R500 with market leading rates and a variety of terms including (7, 32 or 90 days notice). This gives you flexible access to your money.

African Bank Notice Deposit Investment Account Features:

  • Additional investments are allowed into this account (minimum of R100 per additional investment, which can be done at any time). Why not arrange a debit order to turn this account into a monthly savings vehicle?
  • An important aspect of the notice deposit account is that interest rates change in line with prevailing market conditions.
  • You can access your money by placing a partial or full notice on your account. The minimum notice amount is R500.

 

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 6.65% -7.20%
Min Investment Amount 500.00
Investment Period 7, 32, 90 Days Notice

Interest Rates

R1,000 - R10,000 6.65% -7.20%
R10,000 - R25,000 6.65% -7.20%
R25,000 - R50,000 6.65% -7.20%
R50,000 - R75,000 6.65% -7.20%
Interest R75,000 - R100,000 6.65% -7.20%
Interest R100,000 - R500,000 6.65% -7.20%
R500,000 - R1,000,000 6.65% -7.20%
R1,000,000 - R5,000,000 6.65% -7.20%
R5,000,000 + 6.65% -7.20%


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