Nedbank 1 Year Fixed Deposit

Nedbank 1 Year Fixed Deposit


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.