African Bank
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African Bank 6 Month Term Deposit


Type Fixed
Rate 7.97%
Currency ZAR

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.


The rate of 7.97% is 0.87% higher than the average 7.1%. Also it is the highest rate for this term period. Updated Aug, 2017

on African Bank's secure website

Rate indicated is quoted on a per annum basis and is the interest payout on expiry.


The rate of 7.97% is 0.87% higher than the average 7.1%. Also it is the highest rate for this term period . Updated Aug, 2017

on African Bank's secure website

Type Fixed
Rate 7.97%
Currency ZAR

Compare African Bank Deposit rates

Account Name Rate
African Bank 1 Year Term Deposit 9.38%
African Bank 3 Month Term Deposit 7.34%
African Bank 5 Year Term Deposit 13.73%

Compare 6 month rates in South Africa

Account Name Rate
Investec 6 Month Fixed Deposit 7.44%
Standard Bank 6 Month Fixed Deposit 7.40%
FNB 6 Month Fixed Deposit 7.30%

African Bank Discussion

  • Q: Hi I would like to save about R1500 or more monthly for a year and I would like to know how much would I get out with interest after a year

    Reply Saeeda from Cape Town, South Africa