Nedbank Fixed Deposit Rates
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.
Features and benefits
Nedbank’s range of corporate investment products offers competitive pricing and flexibility to clients. The interest rate and capital amount are fixed for the duration of the investment. On maturity, a new rate and investment term may be negotiated, and you may reinvest for a further term or withdraw the investment. Nedbank Money (Africa) App. Fixed Deposits The interest rate and capital amount are fixed for the duration of the investment. Notice Deposits Good for clients who wish to.
- 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.
Nedbank’s investment products all have different yields, maturities and conditions to provide the right solution for you. We recommend that you arrange a meeting with us to discuss your specific needs. Interest rates will be quoted per transaction and will be market-related and mainly dependent on the amount and term of your investment. Nedbank Money (Africa) App. Fixed Deposit Interest Calculator. Calculate the amount of interest you will earn over a chosen period. While every effort is made to keep information up to date and correct, any interest rates quoted on this website must be confirmed by a Nedbank branch. Nedbank does not accept any liability for reliance. Nedbank is currently advertising a rate of 7.49% on its 12-month fixed deposit. Given that it’s being widely promoted, one might assume that this is a good offer. Before rushing off to your nearest.
* Interest rates offered are subject to confirmation when the funds are received by Nedbank.
What you need to apply?
Nedbank Fixed Deposit Rates For Seniors
- 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 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.
