Best 1 year Fixed Deposit Rates for March 2025 | R1,000,000 investment

These are the best 1 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 8.88% R92.5k
2 8.65% R90.0k
3 8.51% R88.5k
4 8.42% R87.5k
5 8.3% R86.2k
6 8.3% R86.2k
7 8.3% R86.2k
8 8.25% R85.7k
9
FNB
8.25% R85.7k
10
FNB
8.25% R85.7k
11 8.1% R84.1k
12 8.1% R84.1k
13 7.95% R82.5k
14 7.95% R82.5k
15
FNB
7.85% R81.4k
16 7.77% R80.5k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity