Savings growing at my own pace
Prestige Deposit Monthly Income And Appreciation
Features
Term
180 Days.
Amounts
Minimum opening amount: 500,000.00 MZN;
Renewal
This term deposit does not allow renewal. At maturity, the principal amount will be credited in the current account.
Top-up deposits
Allow specific Top-up deposits from 50,000.00 MZN.
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.
Prestige Monthly Income
Interest paid monthly and credited to the current account.
Prestige Appreciation
Interest paid monthly and credited to the term deposit account for capitalization.
How to set up
Branch: You can visit your nearest Millennium bim branch
Internet Banking:
- Access Internet Banking:
- Select the Current Account;
- Indicate the amount;
- Define the Interest System.
- Click “Create” and confirm your application.
Access Conditions
Millennium bim Private Customers, Holders of Current Accounts in MZN;
Interest rate
Fixed interest rate depending on the amount/grade
For details, please refer to the STANDARD INFORMATION SHEET:
Principal Guarantee
Guarantee of full amount deposited at maturity or in case of Early Withdrawal.
Interest Rate: Gross Annual Nominal Interest Rate fixed and in accordance with the following capitalization scales and with total interest penalty for the current month.
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).