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Standard/Classic

This fixed deposit account type has a fixed tenure and pays interest only after maturity

Minimum amount: P1,000.00

Minimum tenor: 1 month

Maximum tenor: 36 months

Interest payout: Upon maturity

Roll-over: Principal or Interest

Monthly interest

Receive interest on a monthly/quarterly/half yearly basis as opposed to at maturity

Minimum amount: P100,000.00

Minimum tenor: 12 months

Maximum tenor: 36 months

Interest payout: Monthly

Roll-over: Principal only

Multi-Unit interest

Split investments up to 5 units. The 1st certificate breaking is free

Minimum amount: P100,000.00

Minimum tenor: 12 months

Maximum tenor: 36 months

Interest payout: Monthly/maturity

Roll-over: Principal or interest

Upfront interest

Interest is paid upfront and the principal is left for maturity

Minimum amount: P100,000.00

Minimum tenor: 12 months

Maximum tenor: 36 months

Interest payout: Monthly

Roll-over: Principal only

What you need to know

  • Monthly Interest FDR

     
    • You will receive interest on a monthly/quarterly/half yearly basis as opposed to at maturity
    • Can be used as a substitute against wages
    • Competitive pricing (interest rates) for investments above P1.0 million

  • Multi-Units FDR

     
    • Offers you the opportunity to split your investments up to 5 units
    • The first certificate breaking is free
    • You have an opportunity to access part of your funds in case of emergency
    • Competitive pricing (interest rates) for investments above P1.0 million

  • Upfront interest FDR

     
    • The upfront payment option is the first of its kind in the market offering interest instantly
    • The Upfront Fixed Deposit pays you interest before your investment matures giving you the opportunity to attend to your immediate needs without eroding your principal value 
    • Competitive pricing (interest rates) for investments above P1.0 million

  • Classic FDR

    Benefits of Classic FDR
    • Invest your funds for a fixed time and receive your interest at maturity
    • Competitive pricing (interest rates) for investments above P1.0 million
    • You can invest a minimum of P1,000 to start earning interest
    • You can opt to use the investment as collateral against a credit facility

     

    What you need to know 

    Minimum amount: P1,000.00

    Minimum tenor: 1 month

    Maximum tenor: 36 months

    Interest payout: Upon maturity

    Roll-over: Principal or Interest

  • What to bring when you apply

    • Your national ID card or a valid passport if you are not a Motswana
    • Utility documents in your name (water, electricity or phone bill)
    • Proof of source of funds

Let us contact you

Need more help?

Call us on:
+2673159575 (Contact centre)
0800 600 444 (BTC Toll Free)
150 (Mascom Toll Free)

Chat to Abby on WhatsApp:
+267 76 644 404

Email us:
Botswana.CustomerService@absa.africa