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

Features and benefits

  • A minimum investment amount of R5 000.
  • You can choose an investment period from 1 month to 60 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 on Money app or Online Banking.

* 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 digital banking profile.
  • 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.