Net Term Deposit
NET TERM DEPOSIT
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This financial investment, with capital guarantee, offers interest rates that suit the amount and term chosen.
Minimum initial deposit/Maintenance deposit |
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Kz 5 000 |
Terms
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For applications in Kwanzas: 30/90/180/365 days
Interest Rate
Interest is calculated daily on the principal invested and not withdrawn at each moment, based on a 365-day year.
Amount | Term | Gross Annual Nominal Rate (TANB) |
---|---|---|
Kz 5 000 | 30 days | 6,5% |
Kz 5 000 | 90 days | 8,5% |
Kz 5 000 | 180 days | 9,5% |
Kz 5 000 | 365 days | 10,5% |
Capitalization
Interest is credited to the current account and is not subject to capitalization
Conditions for transactions
- No capital increases allowed
- No interest capitalization allowed
- No automatic renewals allowed
- Allows partial (minimum maintenance) or total early redemption, with a 100% penalty on the interest of the current period
Tax
Interest paid is subject to Capital Gains Tax at a 10% rate, through the withholding tax mechanism
Guarantee
Guaranteed capital of the total amount deposited at maturity and in case of early withdrawal
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