The FNB Inflation Linked Deposit Investment Account is a fixed deposit account whereby your returns…
The FNB Inflation Linked Deposit Investment Account is a fixed deposit account whereby your returns are linked to inflation.
FNB Inflation Linked Deposit Investment Account Features:
The FNB Inflation Linked Deposit Investment Account is a great way to plan for your retirement or any other goal. You can diversity your investment portfolio and receive monthly income that is linked to the South African inflation rate. The Inflation-Linked Deposit interest rate is linked to the headline inflation rate in South Africa, as published monthly by Statistics South Africa. This means the interest you earn on your account will change if there are fluctuations in inflation. The interest rate will be equal to or higher than inflation. Interest will be paid to you monthly and will be paid into the account of your choice. Your capital is guaranteed during the investment term.
Fnb Contact Details:
Address: 1 First Place, Fnb Bank City,
Simmonds Street, Johannesburg, 2001.
Tel: 087 575 9404
Email: [email protected]
|Highest Interest Rate||5%|
|Min Investment Amount||100.00|
|Investment Period||32 days|
|R1,000 - R10,000||5%|
|R10,000 - R25,000||5%|
|R25,000 - R50,000||5%|
|R50,000 - R75,000||5%|
|Interest R75,000 - R100,000||5%|
|Interest R100,000 - R500,000||5%|
|R500,000 - R1,000,000||5%|
|R1,000,000 - R5,000,000||5%|