Grindrod Bank Fixed Deposit Interest Rates

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.

ProductRate NACMYieldAnnual Effective
32 Day Prime-Time Notice Deposit4.00%4.00%4.07%
63 Day Prime-Time Notice Deposit4.15%4.16%4.23%
91 Day Prime-Time Notice Deposit4.30%4.32%4.39%
126 Day Prime-Time Notice Deposit4.45%4.48%4.54%
182 Day Prime-Time Notice Deposit4.75%4.80%4.85%
365 Day Prime-Time Notice Deposit5.00%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.