Read about the Fixed Deposit Investment account
In a world full of financial uncertainty, a fixed deposit remains one of the most stable and predictable ways to grow your money. With interest rates reaching up to 9.81%, the Standard Bank Fixed Deposit Investment Account is ideal for those who want to lock in returns over a set period.
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Interest Rate
Earn interest up to 9.81%
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Access to funds
At Maturity.
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Monthly Fees
Monthly admin fee Zero
Tax Implications
Interest earned on fixed deposits is taxable. Individuals under 65 years of age can earn up to R23,800 in interest income per year tax-free, while individuals 65 and older can earn up to R34,500 tax-free. Any interest earned above these thresholds must be declared in your annual
Read More
Read about the Fixed Deposit Investment account
In a world full of financial uncertainty, a fixed deposit remains one of the most stable and predictable ways to grow your money. With interest rates reaching up to 9.81%, the Standard Bank Fixed Deposit Investment Account is ideal for those who want to lock in returns over a set period.
Read More
What you need to apply
- Be 16 years or older
- Your South African ID
- Proof of residence
(not older than three months)
- Be 16 years or older
- Valid Passport
- Proof of residence
(not older than three months)
- Work/Resident permit
You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.
