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Features

Term

90 Days.


Amounts

Minimum opening amount: 5,000.00 MZN;

Renewal

This term deposit does not allow renewal. At maturity, the principal amount will be credited in the current account.

Top-up deposits

This term deposit does not allow Top-up deposits.

Early Withdrawal

Total or partial Early Withdrawal is allowed at any time during the period of the Term Deposit, subject to penalty of current month interest.

Interest Payment

Interest paid monthly and credited to the term deposit account for capitalization.

Taxa de Juro
Amounts (MZN)
                  

Gross  Annual Nominal Rate
                  
Monthly payment
Monthly payment
1st Month
2nd Month
3rd Month
From 5.000 to 100.000
From 5.000 to 100.000
3,25%
3,00%
5,00%
From 100.001 to 500.000
From 100.001 to 500.000
3,50%
4,00%
6,75%
From 500.001 to 5.000.000
From 500.001 to 5.000.000
4,00%
4,50%
8,75%
From 1.000.001 to 5.000.000
From 1.000.001 to 5.000.000
4,50%
5,00%
10,75%
Over 5.000.000
Over 5.000.000
4,75%
6,00%
11,00%

Branch: You can visit your nearest Millennium bim branch

Millennium bim Private Customers, Holders of Current Accounts in MZN;
Guarantee of full amount deposited at maturity or in case of Early Withdrawal.
Useful Documentation
Fin DP Cresce Já
Interest Rate: The Gross Annual Nominal Rate (TANB) is subject to change under market conditions.​​
Tax regime: Income from Deposits is subject to tax withholding of stamp duty at a rate of 10% (IRPS code Law No. 33/2007 dated 31 of December).


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