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Fixed Deposits

With good returns on investment, the Fixed Deposit is an excellent option for individuals who have R1 000 or more to invest.

The Fixed Deposit account offers the following additional benefits:
  • A risk free investment
  • A choice of investment periods between 1 and 24 months
  • Helps you save
  • Interest rate is higher than on a savings account
  • Interest can be paid out monthly or at the end of the period
  • Linked to savings book account for interest payment
  • In times of need, customers may choose to withdraw their money before the term expires but will be paid a reduced interest rate
This account is available at any Teba Bank branch or Teba Bank agency.





News

New pricing effective 1 August 2010.

Click here for Pricing Guide