Bonus Deposit

A Bonus Deposit allows you to invest a lump sum over a chosen period and rewards you with attractive interest. In addition, you earn bonus interest if your investment runs until its maturity date.

What does it offer me?

  • There is no maximum balance t, but the higher your balance, the more interest you will earn
  • Additional deposits cannot be made into the account
  • You can open more than one Bonus Deposit account You can open a Bonus Deposit account for your children to teach them the benefits of saving
  • There are 3 investments periods to choose from –12, 24 or 36 months
  • Once an investment period has been chosen, it cannot be changed
  • Interest is calculated daily and capitalised monthly
  • Guaranteed bonus interest is paid if your account runs for the full investment term n
  • No management fees are charged.

 

What do I need to apply?

  • Be over the age of 18
  • A minimum account opening deposit of K1,000.00

Visit your nearest branch with the following documents and fill in an application form:

  • Copy of your identity document (NRC or passport)
  • Two passport-size photographs
  • Proof of address - utility bill less than 3 months old

 


 
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