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Diamond Fixed Deposit
High returns and high security the careful investor's perfect solution in turbulent times
The secure and longer-term deposit account with high returns on your capital. You can invest as little as N$5 000 for a period of three months up to 36 months, choosing how you wish to have your interest paid out: monthly, quarterly, semi-annually, annually or at maturity.
Security and high returns for your capital.
The perfect balance between risk and return
Investing a lump sum today means having to take difficult decisions. Inflation and taxes have to be considered as well as volatile economic conditions. Do you go for low-risk savings, which protect your capital, or high-risk investments that promise rich rewards in times of prosperity?
A Nedbank Namibia fixed deposit is the ideal solution in uncertain times. Your capital enjoys guaranteed protection. Yet you qualify for top interest rates which are currently very rewarding indeed.
To decide whether a Nedbank fixed deposit is the right place for your capital, first ask yourself some questions.
- Do I have a capital sum that I don't need to touch for a few months or up to 36 months a retirement nest egg, an insurance payout, an inheritance?
- Am I averse to taking risks with my money in the light of so much uncertainty? Does my personal financial security depend on my money being safe?
- Is it important to me to have both my capital value and interest rate secured?
- Do I need a steady income?
- Would it help me to have my money out of temptation's way for a while (it needn't be tied up for long)?
If you answered yes to one or more of these questions, a Nedbank Namibia fixed deposit is for you.
It's easy to open a Nedbank fixed-deposit account
Whether you are an individual or company, you'll be investing a specific sum of money (minimum N$5 000) for a predetermined period at a fixed rate of interest.
You can invest it for three months up to 36 months and when your investment matures, you have the option of keeping your capital in a fixed-deposit account for a further period at protected rates.
You choose how you want your interest paid out
monthly, quarterly, half-yearly, annually or at maturity.
You can place as little as N$5 000 on fixed deposit or as much as N$100 000
Interest rates are market-related. Ask to see Nedbank Namibias latest interest rate card for the rates being paid on fixed deposits you'll find they are highly competitive. If you invest more than N$100 000 you can apply for a special rate from Treasury.
A bonus for senior citizens
Provided you keep your money in a fixed-deposit account for at least 12 months, you qualify for an even higher interest rate ask your branch manager or see the interest rate card for details.
If you have or are about to acquire a capital sum, open a Nedbank fixed-deposit account today.
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