Nedbank
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Nedbank 1 Year Fixed Deposit


Type Fixed
Rate 8.40%
Currency ZAR


The interest rates is applicable for clients younger then 55 years of age and interest options include Monthly/ Quarterly/ Half yearly of the deposit. The balance required is R1000 minimum.  Paid Per annum basis.



The rate of 8.40% is 0.76% higher than the average 7.64%. Also it is 0.98 % lower than the highest rate. Updated Aug, 2017

on Nedbank's secure website


The interest rates is applicable for clients younger then 55 years of age and interest options include Monthly/ Quarterly/ Half yearly of the deposit. The balance required is R1000 minimum.  Paid Per annum basis.



The rate of 8.40% is 0.76% higher than the average 7.64%. Also it is 0.98 % lower than the highest rate . Updated Aug, 2017

on Nedbank's secure website

Type Fixed
Rate 8.40%
Currency ZAR

Compare Nedbank Deposit rates

Account Name Rate
Nedbank 6 Month Fixed Deposit 7.46%
Nedbank 3 Month Fixed Deposit 6.88%

Compare 1 year rates in South Africa

Account Name Rate
African Bank 1 Year Term Deposit 9.38%
Mercantile Bank South Africa 1 Year Term Deposit 8.00%
FNB 1 Year Fixed Deposit 7.85%

Nedbank Discussion

  • Q: Ok so, if your 12 month fixed deposit rate for under 55's is 8,83%, was it for over 55's thanks

    Reply Jose from Boksburg, South Africa
  • Q: could let me have the fixed deposit rate for 1 million rand for a person over 75yrs

    Reply Rodney from Cape Town, South Africa
  • Q: Good day, I want to invest R10 000 once off however I was interest paid monthly to my nedbank cheque account. What would be my interest monthly that I would receive in my nedbank current account, ,,,, Please only reply by email thereafter I shall come to branch if interested,

    Reply Zolile Mhiga from Johannesburg, South Africa
  • Q: I do not bank with nedbank and I took a loan with nedbank , will the 1 year fixed deposit be accepted and will it not affect my personal loan?

    Reply Portia from South Africa
  • Q: What rate is offered to people over 55 and do you need to be an existing Nedbank client?

    Reply Craig from Roodepoort, South Africa
    • R: What rate is offered for ages over 55 and are not at present a client of Nedbank?

      Reply Neville van der We
  • Q: if i can fix R10 000 for 5 yers approximetly how much wil it be in 5 yers time

    Reply sabelo from South Africa
  • Q: I want to open to open a fixed account for 12 months and I want to with R3000.what will be my interest rate.I'm 23 years old

    Reply Accilia from Johannesburg, South Africa
  • Q: Is it possible to switch from Nedbank to capitec while I made a fixed deposit for 24months

    Reply amogelang from South Africa
  • Q: What is the interest rate on fixed deposits for 1 year for clients over 55 with interest paid monthly

    Reply Ranji from Durban, South Africa
  • Q: What is the final amount i will get if i invest R600.000 in a six month fixed deposit account?

    Reply Chet from South Africa