Nedbank Fixed Deposit
Nedbank Fixed Deposit
Fixed Deposit A guaranteed interest rate for the duration of the investment term makes this investment ideal for an investor looking for a lump sum capital guaranteed investment option.Features
- The minimum investment amount is R1 000.
- You can choose an investment period of between one month and 60 months.
- You earn a competitive, market-related, fixed interest rate* – paid monthly, quarterly, half-yearly, annually or on maturity.
- Your capital is guaranteed – you always get out more than you put in.
- You pay zero fees and commissions.
* Interest rates offered are subject to confirmation when the funds are received by Nedbank
Open your account at any Nedbank.
Nedbank Fixed Deposit Account offers a guaranteed interest rate for the term of your lump-sum investment period. It is recommended for individuals with short- to medium term investments. If there’s cash you won’t be spending any time soon, consider investing with the Nedbank Fixed Deposit Account.
Fixed Deposit or FD, also known as a term deposit in banking parlance, is a safe investment option to strike the right balance in one’s financial portfolio. FD Calculator is a tool that helps in finding the right balance in terms of how much to invest in FD and for how long. Let us know in detail. Find SAs best fixed deposit rates 🚀. FedGroup's misleading 11.3% 'Effective' Rate 😡😡😡 FedGroup has got some of the best rates in the country. 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.
Nedbank Fixed Deposit Interest Rates For Senior Citizens
Nedbank 1 Year Fixed Deposit
Overview
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.
Features and benefits
- A minimum investment amount of R1 000.
- You can choose an investment period from 1 month to 17 months.
- You earn a competitive, market-related, fixed interest rate.
- Interest may be paid monthly, quarterly, half-yearly, annually or on maturity.
- No additional deposits allowed.
- Your capital and your interest rate are guaranteed – you will always get out more than what you put in.
- No monthly fees and commissions.
- Preferential rates apply if the account is opened and maintained exclusively through a Nedbank digital banking profile.
* Interest rates offered are subject to confirmation when the funds are received by Nedbank.
What you need to apply?
- Your valid South African barcoded ID, smart ID card or passport (for non-residents)
- New clients will need:
- Proof of residence; such as a utility bill, rental invoice or phone account that displays your name and physical address and is not older than 3 months.
Additional benefits
- Link the account to an electronic banking profile. Which means all maintenance – can be done on your internet banking profile.
- Click here to go to Internet Banking
- Click here to go to Nedbank App Suite
- Nedbank Affinity programme – support a cause through our Affinities Programme at no cost to you. Nedbank will make a contribution to the affinity of your choice when you open an affinity-linked investment.