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

These are the best 2 year fixed deposit rates for individuals older 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 8.25% R178.7k
7 8.12% R175.7k
8
FNB
8.1% R175.3k
9
FNB
8.1% R175.3k
10 8.1% R175.3k
11 8.06% R174.2k
12 8.05% R174.0k
13 7.9% R170.5k
14 7.9% R170.5k
15
FNB
7.85% R169.4k
16 7.75% R167.0k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity