INTEREST RATES ARE QUOTED AS PER ANNUM RATES AND INTEREST IS PAID OUT MONTHLY.
Balance bands | Nominal interest rates |
---|---|
R 0 and R 99 999 | 0,00% |
R 100 000 - R 249 999 | 3,75% |
R 250 000 - R 499 999 | 4,00% |
R 500 000 - R 999 999 | 4,00% |
R 1 000 000 - R 4 999 999 | 4,00% |
R 5 000 000 - R 9 999 999 | 4,00% |
R 10 000 000 - R 19 999 999 | 4,00% |
R 20 000 000 and above | 0.04 |