The Standard Bank Fixed Deposit Investment Account invests your funds for a fixed period, and…
The Standard Bank Fixed Deposit Investment Account invests your funds for a fixed period, and the interest rate is fixed and your capital is guaranteed and protected.
Standard Bank Fixed Deposit Investment Account Highlights:
In order to qualify, you have to be an individual and you have to make a minimum investment of R1 000. You have to be a South African citizen or as a non South African citizen, you have to present your valid passport with a work permit or study permit. Minors may open an account with a parent’s or guardian’s consent.
For South African citizens, you will need to present your proof of residence and valid Identification book.
Standard Bank contact details:
Address: 5 Simmonds Street
|Highest Interest Rate||5.70% - 7.95%|
|Min Investment Amount||1000.00|
|Investment Period||3, 6, 12, 18, 24, 36, 48 and 60 months|
|R1,000 - R10,000||4.70% - 6.95%|
|R10,000 - R25,000||5.70% - 7.95%|
|R25,000 - R50,000||5.70% - 7.95%|
|R50,000 - R75,000||5.70% - 7.95%|
|Interest R75,000 - R100,000||5.70% - 7.95%|
|Interest R100,000 - R500,000||5.70% - 7.95%|
|R500,000 - R1,000,000||5.70% - 7.95%|
|R1,000,000 - R5,000,000||5.70% - 7.95%|
|R5,000,000 +||5.70% - 7.95%|