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  • Email at izb@izb.co.zm
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IZB Kwacha Term Deposit Accounts

WEF: 12.02.2018     
Sr.No. Product Features Details/Charges**
1. Target Group Individual, Joint Account holders and Corporate/Non Corporate Business Accounts
2. Account Opening
Requirement
KYC requirement as stipulated
3. Type of Account Term Deposits
4. Tenure/Tenor 30 days up-to 5 years
5. Minimum amount of Deposit ZMW 1,000/-
6.
Period Interest Rates
30 days 5.00%
60 days 5.00%
90 days 6.00%
180 days 7.00%
1 year 8.00%
Over 1 year and upto 2 years 8.50%
Over 2 years and upto 3 years 9.00%
Over 3 years and upto 5 years 9.50%
7.
  • Set up cost
  • Withdrawal before maturity
  • Free
  • No interest to be paid

N.B. High rate of interest shall ONLY be applicable for deposits above K50,000/-
(subject to Head office approval.)

** Subject to change from time to time at the sole discretion of the Bank.