Grindrod Bank Fixed Deposit Interest Rates

A Grindrod Bank Prime-Time Deposit account allows you to deposit funds for a specified investment term with an interest rate linked to the current Prime Rate.

Interest earned on a Prime-Time Deposit account can either be paid to your bank account or capitalised. NO BANK CHARGES or FEES are levied on our cash deposit products.

A discretionary minimum deposit amount of R250 000 is required for Prime-Time deposits.

Product	Rate NACM	Yield	Annual Effective
32 Day Prime-Time Notice Deposit	4.00%	4.00%	4.07%
63 Day Prime-Time Notice Deposit	4.15%	4.16%	4.23%
91 Day Prime-Time Notice Deposit	4.30%	4.32%	4.39%
126 Day Prime-Time Notice Deposit	4.45%	4.48%	4.54%
182 Day Prime-Time Notice Deposit	4.75%	4.80%	4.85%
365 Day Prime-Time Notice Deposit	5.00%	5.12%	5.12%

Grindrod Bank Limited reserves the right to cap these products at its sole discretion
Current Grindrod Bank Limited Prime Overdraft rate: 7.00%
Minimum Investment size per Prime-Time Notice Deposit product: R250 000.00
Maximum Investment size per Prime-Time Notice Deposit product: R5 million

Deposit rates published on this website are indicative. Please contact us for a firm quote.