Simply visit your nearest branch and provide us with the following documents. Invest in a Fixed Deposit from FNB and pay no monthly fees. Account Details. To qualify for this offer, move your salary to Absa and: Email saving@absa.co.za, call 0860 111 515 or visit your nearest branch for more information on this offer. Choose this option if you want an interest rate linked to prime for the term of the investment and you do not require access to the capital during the term of the investment, Proof of residence (not older than three months). The content of the website you are visiting is not controlled by Absa. Say there was some hypothetical 20 year fixed deposit at the same interest rate. The The content of the website you are visiting is not controlled by Absa Seychelles. You pay no monthly fees. The requested site will open in a new window. For the safety of our staff and to meet the social distancing requirements, we will be operating with skeleton staff during the lockdown period, please expect a delayed response. Absa is aggressively promoting its latest fixed investment product, which promises up to 13% interest per year. The maximum investment term is 12 months (394 days), You have no access to the investment capital during the term of the investment, Choose to receive all your interest earned upfront or monthly in advance when you open your account, Choose a term between 2 months and 11 months, Choose to access 0% to 10% of your investment. This offer is only on there Fixed Deposit and the rates do not apply to there Dynamic products. Sitemap | Absa Bank Botswana Limited (registered number BW00001237900) is regulated by the Bank of Botswana. Tell me more. Choose an interest rate that is fixed or linked to prime. Absa Bank Zambia PLC is regulated by Bank of Zambia under licence No. Choose to access of 0%, 10%, 20%, 30%, 40% or 50% of your investment. Experience banking at your fingertips Visit our COVID-19 support page to see how we … You may also call 0860 111 515, alternatively, you can email saving@absa.co.za Interest rates are guaranteed, can be renewed You are about to leave the Absa website. Find SAs best fixed deposit rates . Absa Bank Limited, Registration number 1986/004794/06. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), How to access our Notice and Fixed savings during Covid-19, Authorised Financial Services Provider and a registered credit provider (NCRCP7), Choose an interest rate that is fixed or linked to prime, The minimum opening investment is above R1 000, The investment term is 8 days to 60 months, Choose to access of 0%, 10%, 20%, 30%, 40% or 50% of your investment, Choose to receive interest monthly, quarterly, half yearly, annually or on maturity, The minimum opening investment is from R100 000.01. Fixed from the Apply Deposit Interest Rate in Zambia averaged 16.80 percent from 1978 until 2020, reaching an all time high of 111 percent in July of 1993 and a record low of 5.85 percent in May of 2013. All interest rates are expressed as a percentage per annum and are indicative rates subject to change. Invest funds for a specific period and earn guaranteed interest. Aug, 2019. Getting Started Latest Rankings Calculator Blog Get Free Stuff SA's Best Fixed Deposit Rates Standard Bank South Africa's fixed deposit rates compared … APY. Experience banking at your fingertips Visit our COVID-19 support page to … Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. Calculated daily and compounded or paid out monthly. The rate of 3.25% is 1.86% lower than the average 5.11%. The bank offers regular fixed deposits as well as FD plus fixed deposits. Apply for a fixed deposit investment account today and get competitive returns on your invested funds. 7.75%. The interest rate is guaranteed. Should you find yourself in financial difficulty due to the Covid-19 impact and need to access your Notice and Fixed deposit funds. You need a minimum deposit of Rs100,000. A Fixed Deposit provides investors with a fixed investment term with competitive returns over the period of your investment. But a term deposit is still a low risk, safe way … Opening Fixed-term Deposit Account with Absa is straightforward. Enquire now Tell me more You might also be interested in: Personal loans Current accounts Need more help? You are about to leave the Absa website. 7.80%. Jana Small Finance Bank is the largest Micro Finance Institution (MFI) in India. African Bank Even though the SARB Governor Lesetja Kganyago announced the decision to cut the Reserve Bank’s repo rate to 3.75% on May 21, African Bank still continued to offer 10.75% interest rate per annum for a … ABSA Bank Interest Rates Fixed Deposit up to: 7.80% Aug, 2019 Savings Accounts up to: 3.45% Aug, 2019 ABSA Bank Overview Absa Group Limited is a major south african financial services group that is … Nedbank Fixed Deposit Interest Rates Have some surplus cash that won’t be needed for a fixed period?Put as little as R1 000 to work for you, for a period of one month to 17 months and enjoy the benefits and returns of a fixed interest rate. Also it is 1.68 % lower than the highest rate 8.78 Updated Aug, 2019 on ABSA Bank's secure website ABSA would be marketing it as 32% p.a. Choose to receive interest monthly, quarterly, half yearly, annually or on maturity. Tell me more. Also it is 3.4 % lower than the highest rate 6.65 Updated Aug, 2019 on ABSA Bank's secure website Deposit Interest Rate in South Africa averaged 10.30 percent from 1977 until 2020, reaching an all time high of 21.60 percent in August of 1998 and a record low of 3.94 percent in October of 2020. See the interest rates we offer. The content of the website you are visiting is not controlled by Absa. Same applies to Capitec ether monthly or end of … But, … Interest paid on maturity Available in Tanzanian shillings only Minimum opening amount TZS10 million Automatic overdraft facility of up to 80% of your fixed deposit Interest on overdraft only charged on the amount and period to 6.50% p.a. Let one of our consultants help you get the best account for your needs. Experience banking at your fingertips Visit our COVID-19 support page to see how we make your banking life easier during the crisis. Interest can be paid on maturity, monthly, quarterly, annually or bi-annually. Compare term deposit rates January 2021 We know interest rates aren't as high as they used to be. Dynamic Fixed Deposit R1 000 8 days to 5 years Fixed or prime-linked interest rate options Access 10%, 20%, 30%, 40% or 50% of your money immediately Additional interest on balances less than R100 000 for 12 months and You can call us on 0860 111 515 or email savings@absa.co.za. Fixed-term Deposit Account Invest your money for a set period, and we’ll offer you a guaranteed interest rate. We use cookies to optimise the user experience. Dynamic Fixed interest payment frequency fixed, Dynamic Fixed interest payment frequency linked to prime, Absa Head Office: Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000, Terms Of Use | Banking Regulations | Policy Statement | Security Centre | © Copyright. ABSA Bank Fixed Deposit Interest Rates. Statistical Tables This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. ABSA would be marketing it … You can invest any amount with a minimum of R1 000. Your investment is secured against fluctuating interest rates. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), Authorised Financial Services Provider and a registered credit provider (NCRCP7), Choose to access 0-50% of your investment. Absa Bank (Seychelles) Limited is regulated by the Central Bank of Seychelles. The Fixed Deposit is an account into which you deposit a sum of money for a fixed period of time at a fixed rate of interest. We recommend that you read the privacy policies and terms of the other website. Absa’s special offer of 13% interest on five-year fixed deposits has caught the attention of many investors looking to park cash somewhere. Dynamic Fixed Deposit R1000+ Ranges from 8 days to 60 months Capital is guaranteed No monthly fees Choose to access 0-50% of your investment Calculated daily and compounded or paid out monthly. Deposit Interest Rate in South Africa decreased to 3.94 percent in October from 4.08 percent in September of 2020. Best 60 months fixed deposit rates 1. You can choose how often your interest is paid. You may apply for the Fixed Deposit Account Online, or you may visit the nearest Absa branch. This page includes a chart with historical data for Deposit Interest Rate in Zambia. The minimum opening investment is above R1 000. Absa’s advertising campaigns include the … The capital is guaranteed. African Bank has the best fixed deposits for 2020 with a 12.22% interest rate, followed by Discovery Bank at 9.01% and FNB at 7.80%. Experience banking at your fingertips If you require … This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. BL002/1918B. The requested site will open in a new window. Currently the displayed interest rate is applicable for a term of 12 months / 1 year fixed period and requires deposits of greater than R 10,000 The rate of 7.10% is 0.3% lower than the average 7.4%. Choose this option if you require access to your capital during the term, Choose to receive interest monthly, quarterly, half yearly, annually or on maturity, Choose this option if you want a guarantee on the interest rate for the term of the investment and you do not require access to the capital during the term of the investment, Choose this option if you require access to your capital during the term of the investment and you require your interest rate to be linked to prime. Absa Bank Ghana Limited is regulated by the Bank of Ghana. The interest rate indicated is applicable for the ABSA 1 Month deposit product and requires a minimum deposit of greater than R 10,000. ABSA 5 Year Islamic Term Deposit. Deposit Interest Rate in Zambia decreased to 8.32 percent in October from 8.48 percent in September of 2020. Choose your investment term. The minimum investment term is two months (60 days). This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. We use cookies to optimise the user experience. We recommend that you read the privacy policies and terms of the other website. For a 60-month (five-year) term, two banks – Absa and African Bank – quote double-digit nominal (monthly) interest rates. Updated. Your interest rate is fixed for the entire term of your investment. Cheque Account Interest Rates Cheque accounts do not With some of the best interest rates around, opening a savings account with us is a great way to make your money work for you. Please take note You are about to leave the Absa Seychelles website. he interest rates offered by the bank ranges from 2.50% p.a. Nominal interest rate (monthly) R100 001 12 months 60 months Absa Fixed Deposit* 8.30% 10.05% 8.56% FNB 1 Year Fixed Deposit 7.15% The Interest rates (effective) applicable on this fixed deposit is for a 12 month / 1 year period - ZAR - Aug, 2019 More Info ABSA 1 Year Fixed Period Deposit 7.10% Rate is applicable for a term of The investment term is 8 days to 60 months. Fixed Deposit. Our range of dynamic cheque and debit card accounts offer comprehensive individual banking solutions that suit your unique requirements at very competitive rates and fees. You could also choose to receive your interest upfront when you make the investment. Put as little as R1 000 to work for you, for 12 months and enjoy the benefits and returns of a fixed interest rate, tax free. ABSA 3 Year Prime Linked Term Deposit. A valid identification document such as a passport or national identity card Documentary Not only can you choose the deposit amount and your investment term, but you choose how much money you want immediate access to. Absa Bank Limited, Registration number 1986/004794/06. The investment period ranges from as little as 7 days to five Different deposit periods are available. New Gold Value Bundle and Premium Banking customers get a preferential interest rate on the Dynamic Fixed Deposit when they move their salary to Absa. Need to access absa dynamic fixed deposit interest rates Notice and fixed deposit and the rates do not apply to there products. A fixed deposit provides investors with a minimum of R1 000 See the interest rates access your and. Is only on there fixed deposit and the rates do not apply to there Dynamic products ll offer a. Of Ghana paid on maturity Dynamic products from 8.48 percent in October from 8.48 percent in from. 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