Fixed Deposit Account
Invest funds for a fixed period at a fixed interest rate that guarantees a specified interest paid at the end of the term or at maturity. Fixed Deposit Accounts earn higher interest than savings accounts, and don’t charge any service fees. You can choose an investment period from 1 to 12 months.
At maturity
Access to your money
SZL 1 000
Opening deposit
Some of the Benefits
Flexible terms
Achieve your goals by saving from one month up to twelve months
Top Rates
Get higher interest rates the longer you stay invested
Flexible Maturity Date
Ability to choose the maturity date of the investment
Fixed Interest
Make a once-off deposit and watch your money grow at a fixed rate
What You Get
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You can choose the period you would like your investment to mature
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The funds in your account can be pledged and used as collateral
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You can have more than one fixed deposit if you want to save for different goals
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Interest rates are fixed for the duration of the investment
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You can choose maturity period of 1, 2, 3, 6, 9, 12, 24 or 36 months
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You can choose to mature the account or roll it over at maturity
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Interest may be paid out into another account
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No monthly management and service fee charges
What it costs
- Minimum balance and transaction requirement is SZL 1000
Who Qualifies
- Be over the age of 18 and prudent about saving
How To Get It
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Copy of ID or passport
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Proof residence ( utility Bill)
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What You Get
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What it costs
-
Who Qualifies
-
How To Get It
-
You can choose the period you would like your investment to mature
-
The funds in your account can be pledged and used as collateral
-
You can have more than one fixed deposit if you want to save for different goals
-
Interest rates are fixed for the duration of the investment
-
You can choose maturity period of 1, 2, 3, 6, 9, 12, 24 or 36 months
-
You can choose to mature the account or roll it over at maturity
-
Interest may be paid out into another account
-
No monthly management and service fee charges
- Minimum balance and transaction requirement is SZL 1000
- Be over the age of 18 and prudent about saving
-
Copy of ID or passport
-
Proof residence ( utility Bill)