Standard Bank Fixed Deposit Interest Rates
Standard Bank Fixed Deposit Rates
Electronic Fixed Deposit Rates
These rates are effective from 05 April 2018
These rates apply to accounts opened by Standard Bank customers through Internet banking, Mobile App or at an AutoPlus machine.
Interest rates are quoted as per annum rates.
Invest a once-off deposit of at least R1 000, and leave it to grow for up to five years to earn the highest interest rate. Earn additional interest if you open this account online, in our mobile banking app or at an AutoPlus ATM. Standard Chartered Botswana Fixed Deposit is a varied-term deposit account that offers competitive interest rates and flexible investment periods.
| Balances R10 000 to R99 999 | Balances below R10 000 | |||
|---|---|---|---|---|
| Interest monthly | Interest at maturity | Interest monthly | Interest at maturity | |
| 33 days to under 3 months | 6.45% | 6.45% | 5.45% | 5.45% |
| 3 months to under 6 months | 6.75% | 6.75% | 5.75% | 5.75% |
| 6 months to under 12 months | 7.10% | 7.15% | 6.10% | 6.15% |
| 12 months to under 18 months | 7.45% | 7.35% | 6.45% | 6.35% |
| 18 months to under 24 months | 7.60% | 7.90% | 6.60% | 6.90% |
| 24 months to under 36 months | 7.65% | 8.05% | 6.65% | 7.05% |
| 36 months to under 48 months | 7.85% | 8.70% | 6.85% | 7.70% |
| 48 months to 60 months | 8.05% | 9.35% | 7.05% | 8.35% |
For balances of a R100 000 and above rates are applied on application.
Please note that for electronic rates we apply 0.15% preferential rate to ordinary interest rates.
Senior Citizen and Consolidator Fixed Deposits (These rates apply to customers aged 55 years old and older
These rates apply to accounts opened by Standard Bank customers through Internet banking, Mobile App or at an AutoPlus machine.
| Balances R10 000 to R99 999 | Balances below R10 000 | |||
|---|---|---|---|---|
| Interest monthly | Interest at maturity | Interest monthly | Interest at maturity | |
| 33 days to under 3 months | 6.95% | 6.95% | 5.95% | 5.95% |
| 3 months to under 6 months | 7.25% | 7.25% | 6.25% | 6.25% |
| 6 month to under 12 months | 7.60% | 7.65% | 6.60% | 6.65% |
| 12 months to under 18 months | 7.95% | 7.85% | 6.95% | 6.85% |
| 18 months to under 24 months | 8.10% | 8.40% | 7.10% | 7.40% |
| 24 months to under 36 months | 8.15% | 8.55% | 7.15% | 7.55% |
| 36 months to under 48 months | 8.35% | 9.20% | 7.35% | 8.20% |
| 48 months to 60 months | 8.55% | 9.85% | 7.55% | 8.85% |
For balances of a R100 000 and above rates are applied on application.
Please note that for electronic rates we apply 0.15% preferential rate to ordinary interest rates.