Rates and Charges
DEPOSIT RATES NZD
| Savings Account / Super Savings Account | 2.25% |
Term Deposits Interest rate (p.a.)
| Rate of Interest on Term Deposit | Effective from 21 Aug 2023 | |
|---|---|---|
| Amt in NZD > | 1000 and less than 10000 | 10000 and above and upto 100000 |
| Maturity Ranges | Revised | Revised |
| 30 days to 59 days | 3.00 | 3.00 |
| 60 days to 89 days | 3.00 | 3.00 |
| 90 days to 119 days | 4.00 | 4.25 |
| 120 days to 149 days | 4.10 | 4.25 |
| 150 days to 179 days | 4.15 | 4.25 |
| 180 days to 269 days | 4.25 | 5.50 |
| 270 days to less than 12 months | 5.85 | 5.85 |
| 12 months to less than 18 months | 6.00 | 6.00 |
| 18 months to less than 2 years | 6.00 | 6.00 |
| 2 yr to less than 3 year | 5.00 | 5.00 |
| 3 yr to less than 4 year | 5.00 | 5.00 |
| 4 yr to less than 5 year | 5.00 | 5.00 |
| 5 Years | 5.00 | 5.00 |
- The above rates of interest of term deposits (% p.a.) are effective from 21 August 2023 and are subject to change without notice.
- Rate of interest on Savings Account / Super Savings Account shall be 2.25% p.a. with effect from 1 May 2023 and is subject to change without notice.
- Interest compounded monthly on term deposits. Other Terms & Conditions apply (Please contact us at 0800 024 404).
- For rates on deposit in USD and for an amount more than NZD 100000 please contact us
Recurring deposit
| Recurring Deposits | |
|---|---|
| Period | Rate of Interest |
| 1 year | 6.00% |
| 2 year | 5.00% |
| 3 year | 5.00% |
| 4 year | 5.00% |
| 5 year | 5.00% |