Sasfin Fixed Deposit Review for January 2025

Last updated 4th January 2025 by Walter

Introduction

This page summarises all the fixed deposits offered by Sasfin. All the rates shown are sourced from the Sasfin website - sasfin.co.za. All rates shown on this page have been converted to nominal and effective annual rates! This allows you to compare rates across all banks. Yippee!

The Sasfin fixed deposit interest calculator, allows you to calculate how much interest you will earn for your age, investment amount and term.

Sasfin fixed deposits highlights

last updated 4th January 2025 by Walter

R20,000
min deposit
8.81%
best rate

Here are Sasfin's best fixed deposit rates

The best interest rate you can get at Sasfin is 8.81% for the 12-month fixed deposit. You will need a minimum deposit of R20,000 .

Here are Sasfin's five best fixed deposit interest rates:

# Min deposit Term Nominal
1 R20,000 12 months 8.81%
2 R20,000 6 months 8.10%
P
only individuals older than 55 qualify

Sasfin 6 month fixed deposit

This table shows Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 6 month fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R100,000 for 18+8.10% 7.89%
+
112
R100,000 for 55+8.10% 7.83%
+
138
R250,000 for 18+8.10% 7.91%
+
245
R250,000 for 55+8.10% 7.87%
+
306
R1,000,000 for 18+8.10% 7.96%
+
758
R1,000,000 for 55+8.10% 7.95%
+
817
R5,000,000 for 18+8.10% 7.94%
+
4,174
R5,000,000 for 55+8.10% 7.93%
+
4,487
How to read this table?

You get a 8.1% interest rate at Sasfin for a R100,000 investment in a 6 month fixed deposit (if you are older than 18). The industry average is 7.89%. Over 6 months you will earn R112 more in interest at Sasfin compared to the average bank.

Sasfin 1 year fixed deposit

This table shows Sasfin's interest rates for a R10,000, R100,000, R250,000 and R1,000,000 investment in a 1 year fixed deposit versus the industry average.

Investment amount Nominal Industry average1 Earnings vs average2
R100,000 for 18+8.81% 8.27%
+
573
R100,000 for 55+8.81% 8.28%
+
569
R250,000 for 18+8.81% 8.30%
+
1,363
R250,000 for 55+8.81% 8.32%
+
1,316
R1,000,000 for 18+8.81% 8.34%
+
5,031
R1,000,000 for 55+8.81% 8.39%
+
4,529
R5,000,000 for 18+8.81% 8.36%
+
24,000
R5,000,000 for 55+8.81% 8.41%
+
21,583
How to read this table?

You get a 8.81% interest rate at Sasfin for a R100,000 investment in a 1 year fixed deposit (if you are older than 18). The industry average is 8.27%. Over 12 months you will earn R573 more in interest at Sasfin compared to the average bank.