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Business Term Deposit

The key to success is good decision making

At AB Bank Zambia, we offer you an opportunity for an excellent decision: a term deposit account.

You can earn attractive interest. The longer you fix the money, the more you will earn. At the same time, your money will have positive impact and support the development of micro businesses in Zambia.

Invest as little as ZMW500.00 in a term deposit account at AB Bank Zambia for a term between 30 days and 365 days.

The account is blocked from all transactions but you can still withdraw your money before maturity when need arises though at a loss of interest. You can earn up to 21% interest on this account. Available for both corporates and individuals.

Enjoy your interest earnings monthly or at the end of the term deposit.

No account opening fee. No maintenance fee. No closure fees at maturity. No hidden costs.

The following is the requirement for opening:

  • A current or savings account.

 

30 to 59 days

8%

90 to 179 days

12%

More than 365 days

21%

The above calculations are for illustration purposes.

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