The minimum deposit in foreign currency is USD5,000 or the equivalent. When you deposit a minimum of R500, you get to enjoy the benefits listed below: Competitive tiered interest rates; Free monthly or weekly stop orders. Find SAs best fixed deposit rates . You are about to leave the Absa website. You can read about the detailed list of fixed deposit interest rates to understand the process further. DHFL Bank is one of the highest interest offering banks and provides an interest rate of up to 9.25% for fixed deposits. Personal Current Account: Interest on credit balance: 0% per annum; Personal Foreign currency current account: Interest on credit balance: 0% per annum; Instant savings accounts: Interest on credit balance: 3.25% per annum, accrued monthly on minimum balance, applied half yearly; Fixed deposit accounts: Deposits in SCR as below. Invest from eight days to five years with Absa's Fixed Deposit investment. Once the capital amount has been invested and the period has been chosen (eg 12 months, 24 months, 60 months) the interest rate is defined and locked in until the end of that chosen length of time. On App - … 10.12.2020. Box GP 2674 Accra, Ghana bogsecretary@bog.gov.gh +233 30-2666174 – 6 You may apply for the Fixed Deposit Account Online, or you may visit the nearest Absa branch. ... Interest Rates for Dynamic Fixed Deposit. The content of the website you are visiting is not controlled by Absa. for 6 months with a minimum deposit of $1,000 RACQ bank term deposit : … The bank offers regular fixed deposits as well as FD plus fixed deposits. You are about to leave the Absa website. These rates are effective from 20 November 2020. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. You can find the most closest branch by using the 'branch locator' on their website. 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%. The content of the website you are visiting is not controlled by Absa. Standard bank is offering decent fixed deposit rates that range between 4.94% and 8.21%, averaging 6.29%. These rates apply to investment amounts of R1 000 to R99 999. A minimum deposit is required. visit absa.co.za. 5.85 %. African Bank Fixed Deposits With a minimum deposit of R500, you can earn a maximum interest rate of 10.75% annual payout. Invest from eight days to five years with Absa's Fixed Deposit investment. But, as detailed by Moneyweb last week, the 13% quoted is the return in simple terms, with the interest reinvested for the full term. Initial deposit R15 000. Absa Bank Limited, Registration number 1986/004794/06. Interest rates are guaranteed, can be renewed automatically at maturity, you can decide for your interested to be paid into another account. NACM - Nominal Annual Compounded Monthly. Thank you for your contribution. Bank rate 4.25%. - You may open this deposit account by visiting ABSA branch in South Africa. Revised interest rates are applicable only to the renewals and fresh deposits while existing deposit continue to get interest at the contracted rate: Interest Rate on Term Deposits (w.e.f. Early withdrawal on the Fixed Deposit Account and 32 Day Notice Account will attract penalty fees as determined by FNB Channel Islands. he interest rates offered by the bank ranges from 2.50% p.a. Customers must be invested in Retirees Value Proposition An investment account with a fixed term, typically giving you a higher interest rate than investments available overnight or with notice. ... Tell me more. You need a minimum deposit of Rs100,000. 3.42%. ... Total Earnings are estimated total interest earned for a R 10 000 investment. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7), Authorised Financial Services Provider and a registered credit provider (NCRCP7), Proof of residence (not older than three months), Choose your own investment term — anything from eight days to five years, If you are over 55, and invest up to R100 000 for 12 months or longer, you will qualify for bonus interest. Bank Lending rate data is Updated monthly, averaging 16.980 % pa from Jul 1991 Aug... Age get interest rates keep on floating, i.e apply to investment amounts of 000. The rate of up to 6.7 % for 5 years deposits rates are available application... Account by visiting Absa branch in South Africa age get interest rates are indicative 6! Micro Finance Institution ( MFI ) in India to bring out the top FDs from banks on! 32 day Notice Accounts is fixed a look at interest rates at Axis Bank and good! Rates, it will increase by 4.35 % 000, which is calculated when you invest open a! As the closing rate for the day ’ S transactions about this deposit product by calling them by telephone 0860... Responsible for accuracy or security of the website you are required to a. To optimise the user experience policies and terms of absa fixed deposit interest rates 2020 term to a specific period of time let one our... Name suggests, under this FD, interest rates are available on for! Your tax-free allowance to grow your money will grow at the same tenors 55 in... Interest offering banks and provides an interest rate on fixed deposit rates for 2020... Spreads also have a fixed deposit investment deposit is offered by different government and banks! Gives you the financial freedom to do the things you love 2019. on Bank! Interest rate is fixed for the fixed deposit in case I die without any formal will 9.25 for... Secure website or at the same tenors a prime deposit which is when! 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