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Restart Fixed Deposit |
This is a 13 month Fixed Deposit which allows you the ability to restart your investment once during your investment term. Once restarted, a new fixed interest rate will apply for a new 13 month term. You will need to invest a minimum of R10,000 to open this account and no fees or costs apply.
Why do I need this?
- A minimum investment of R10 000 to open the account
- You can restart the investment once during the term of the investment, without penalties
- The interest rate remains unchanged for the 13 month investment period. A new rate will be determined with every restart and the investment term will be reset to 13 months
What can I do with this?
- Interest can be paid monthly, quarterly, half-yearly or on maturity
- Additional deposits are allowed when you re-start
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