Best 2 year Fixed Deposit Rates for March 2025 | R1,000,000 investment

These are the best 2 year fixed deposit rates for individuals younger than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 9% R196.4k
2 9% R192.5k
3 8.65% R188.1k
4 8.4% R182.2k
5 8.25% R178.7k
6 8.1% R175.3k
7 8.06% R174.2k
8 8.05% R174.0k
9 7.97% R172.2k
10 7.85% R169.4k
11 7.85% R169.4k
12
FNB
7.85% R169.4k
13 7.75% R167.0k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity