Nominal rate per annum (NACM): This is the indicative annualised profit rate that you will earn daily and is capitalised monthly.
Annual Effective rate: Annualised indicative Profit rate that takes into account the compounding of Profit for one year assuming that profit is not withdrawn
We will require proof of
Identity: a South African identity document or new ID card
Note: If you are a foreign national, a valid passport or a copy of the relevant permit is required.
Physical address: Provide a recent (less than 3 months old) utility account, e.g. rates, taxes, water, electricity or telephone account, or retailer accounts, e.g. clothing, pharmacy, veterinary or doctor's account, etc.
Income tax number(s): if issued
*indicative profit rate per annum with minimum opening deposit of R10 000
There are no monthly fees
Choose your investment term
Be eligible for profit monthly or on maturity
Minimum opening balance R10 000
Physical address
4 Merchant Place Corner Fredman Drive and Rivonia Road Sandton 2196
Postal address
PO Box 650149 Benmore 2010