Fixed Deposit
The Stanbic Bank Fixed Deposit Account is designed with your convenience in mind, featuring no service fees and a range of investment periods spanning from 1 to 36 months. With a minimum investment of P1,000.00 you can choose the maturity date that aligns with your goals and enjoy the freedom to pledge your funds as collateral for added financial leverage. Embark on a journey of financial prosperity.
Zero
Monthly admin fee
Benefits of a Fixed Deposit
Multiple Deposits
You can choose to have more than one Fixed deposit if you to save for different goals
Investment Period
Several investment period options are available from 1 to 24 months
No service fees
There are no service fees charged for a Fixed Deposit
Collateral
The funds in your account can be pledged and used as collateral
What you get
- You must make a minimum investment of at least P1,000.00
- You can choose the date on which you would like your investment to mature.
- The funds in your account can be pledged and used as collateral.
- There are no service fees charged for a Fixed Deposit.
- Several investment period options are available from 1 to 36 months.
- You can choose to have more than one Fixed Deposit if you to save for different goals.
- You cannot withdraw funds from your Fixed Deposit account during the period of your investment. Early termination attracts a penalty.
- Available in USD, GBP,EUR, ZAR and AUD.
How it works
- You cannot withdraw funds from your Fixed Deposit account during the period of your investment. Early termination attracts a penalty.
Card Features
No Card
What it costs
Minimum Opening Deposit: P1000.00
How to get it
Documents required
- Valid Identity document (citizens) or passport (non citizens)
- Valid residence and work permit (non citizens)
- Proof of residence (not older than 3 months - Confirmation Letter stating Town/Village, Ward & Plot No. or Form from the bank to be completed at the Kgotla)
- Proof of income/salary advice slip/confirmation letter stating salary (not olderthan 3 months)
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What you get
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How it works
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Card Features
-
What it costs
-
How to get it
- You must make a minimum investment of at least P1,000.00
- You can choose the date on which you would like your investment to mature.
- The funds in your account can be pledged and used as collateral.
- There are no service fees charged for a Fixed Deposit.
- Several investment period options are available from 1 to 36 months.
- You can choose to have more than one Fixed Deposit if you to save for different goals.
- You cannot withdraw funds from your Fixed Deposit account during the period of your investment. Early termination attracts a penalty.
- Available in USD, GBP,EUR, ZAR and AUD.
- You cannot withdraw funds from your Fixed Deposit account during the period of your investment. Early termination attracts a penalty.
No Card
Minimum Opening Deposit: P1000.00
Documents required
- Valid Identity document (citizens) or passport (non citizens)
- Valid residence and work permit (non citizens)
- Proof of residence (not older than 3 months - Confirmation Letter stating Town/Village, Ward & Plot No. or Form from the bank to be completed at the Kgotla)
- Proof of income/salary advice slip/confirmation letter stating salary (not olderthan 3 months)