Best 5 year Fixed Deposit Rates for March 2025 | R1,000,000 investment

These are the best 5 year fixed deposit rates for individuals older than 55 looking to invest R1,000,000.

# Bank Nominal Total interest *
1 10.25% R648.2k
2 9.94% R640.7k
3 9.5% R604.7k
4 9.3% R589.4k
5 9.15% R577.1k
6 9.15% R577.1k
7 8.85% R554.2k
8 8.75% R546.4k
9 8.69% R541.4k
10
FNB
8.6% R535.1k
11
FNB
8.6% R535.1k
12 8.6% R535.1k
13 8.55% R530.9k
14 8.5% R527.4k
15 8.5% R527.4k
16
FNB
8.35% R516.2k
(*) Total interest: estimated total interest earned for a R1,000,000 investment. Interest paid out at maturity