Interest Rates With Effect From 1st Mar 2011
RAND DEPOSITS
| Amount | Up to R100,000 |
| CALL DEPOSIT | 3.75 |
RAND TIME DEPOSIT INTEREST RATES :
Applicable for Deposit amount up to Rand 100,000
| Tenor of deposit | Interest rate |
| 1 month | 5.25 |
| 2 months | 5.50 |
| 3 months | 5.60 |
| 6 months | 5.75 |
| 9 months | 6.00 |
| 12 months | 6.25 |
SAVINGS ACCOUNTS (Rand)
| Average balance of | Interest rate |
| Below Rand 1000/- | 1.75 |
| Rand 1000 to Rand 9999 | 2.25 |
| Rand 10,000 to Rand 19,999 | 2.75 |
| Rand 20,000 and above | 3.00 |
USD DEPOSITS w e f 1st Nov 2010.
| Tenor | For amount up to USD 500,000 |
| CFC Accounts | 0.15 |
USD TIME DEPOSITS w e f 1st Nov 2010
| Tenor | For amount up to USD 500,000 |
| 1 month | 0.86 |
| 3 months | 0.90 |
| 6 months | 1.06 |
| 1 year | 1.39 |
These Rates are subject to revision without notice. Clients should please contact the Branch for the applicable rates. For time deposits above Rand 100,000 please contact: Johannesburg: Ms. Anusha - 011 778 4518 Ms. B Shah - 011 778 4500 Durban: Mr. Devendra Sharma - 031 201 9973 Capetown: Mr. Aditya Negi - 021 421 3762 Lenasia: Mr. Hiran Kumar - 011 - 852 1588
