Indo Zambia Bank

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Deposit Rates
 

banner  Savings Deposits

Nature Normal Rate of Interest# Minimum Balance*
Savings Bank A/c    
With cheque book facility 3.5% ZMW 400
Without cheque book facility 3.5% ZMW 200
Saving Tisunge 3.5% ZMW 40
Tonse-Tunse  Bank Account 3.5% ZMW 200
 
 

banner  Term Deposits

Maturity Period Rates of Interest (% p.a.) w.e.f. Sept1, 2013
  For deposit between K1,000 and K100,000
30 days to 59 days 5.00
60 days to 89 days 5.00
90 days to 179 days 6.00
180 days to 272 days 7.00
273 days to less than 1 year 7.50
1 year 8.00
Over 1 year up to 2 years 8.50
Over 2 years up to 3 years 9.00
Over 3 years up to 5 years 9.50