Fixed access

Fixed Access Term Investment product offers the benefits of a fixed investment term but provides the flexibility for customers to access a portion of their funds during the term of their investment. After first 61 days of investment customer can access 30% of investment value without notice or penalty charges

How to qualify

  • You are 16 years of age or older
         AND
  • You are a Namibian citizen
         OR
  • You have a valid passport or permit

Features and benefits

  • Investment tenures : 90 Days, 180 Days, 365 Days
  • After first 61 days of investment customer can access 30% of investment value without notice or penalty      charges
  • Interest is paid out monthly, interest rate remain unchanged even if the balance has decreased
  • Money Market related interest rates for balances above N$ 100 000

 

Note that once you have invested your funds, you can't add to your investment. If you have more money to invest you can always open another Fixed Deposit or a different investment account

What it costs

  • No charges are applicable for this account.

 
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