African Bank 6 Month Term Deposit Rate

African Bank

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South Africa Fixed Deposit African Bank African Bank Deposits

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.

The rate of 7.97% is 1.15% higher than the average 6.82%. Also it is the highest rate for this term period 7.97 Updated May, 2018

on African Bank's secure website

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.

The rate of 7.97% is 1.15% higher than the average 6.82%. Also it is the highest rate for this term period 7.97 Updated May, 2018

on African Bank's secure website

Type Fixed

Rate 7.97%

Currency ZAR

Account Name	Rate
African Bank 2 Year Term Deposit	9.46%
African Bank 1 Year Term Deposit	8.78%
African Bank 3 Month Term Deposit	7.29%

Account Name	Rate
Capitec Bank 6 Month Fixed Term Deposit	7.39%
Investec 6 Month Fixed Deposit	7.30%
FNB 6 Month Fixed Deposit	6.95%

Q: If I invest R400 000 over the 3 months or 6 month fixed them is the interest 7.97% in 6 months? Furthermore am I allowed to reinvest it after the 6 months period?

Reply • Thivhu from South Africa •
Q: How much would I earn if i invest R100 000

Reply • Mdez from Pretoria, South Africa •
Q: Hi I would like to save about R1500 or more monthly for a year and I would like to know how much would I get out with interest after a year

Reply • Saeeda from Cape Town, South Africa •