Deposits in South Africa in ZAR


Amount:
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BankDurationProductRateEarnings on 100.000 Minimum amountOther parametersUpdated on
Nedbank 12 months EasyAccess Deposits - Interest ON expiry 6,06% 505,00/month
6.060/year		 25.000 30/4/2025
Postbank 1 month Term save 6% 500,00/month
6.000/year		 10.000 30/4/2025
Standard Bank 14 days Electronic Notice Deposit 5,93% 494,17/month
5.930/year		 100.000 30/4/2025
Standard Bank 7 days Electronic Notice Deposit 5,73% 477,50/month
5.730/year		 100.000 30/4/2025
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Displayed rates are the maturity rates, unless stated explicitly in the 'Other parameters' column. Earnings are based on the displayed rate and the monthly income is a simple division of the annual income by 12. The monthly income is just to provide an idea of what someone would earn every month and is not based on the monthly interest that a bank might also provide. For example, if the invesment period is 5 years, the earnings will be paid out only after 5 years and not every month.