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Cresce Já Deposit
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
Monthly payment |
1st Month |
2cnd Month |
3rd Month |
|
---|---|---|---|---|
5.000 - 100.000,00 MZN
|
5.000 - 100.000,00 MZN |
0,25% |
0,50% |
1,50% |
100.001 - 500.000 MZN
|
100.001 - 500.000 MZN |
0,50% |
0,75% |
4,00% |
500.001 - 5.000.000 MZN
|
500.001 - 5.000.000 MZN |
0,75% |
1,75% |
5,75% |
1.000.000 - 5.000.000 MZN
|
1.000.000 - 5.000.000 MZN |
1,00% |
2,25% |
8,00% |
Over 5.000.000 MZN
|
Over 5.000.000 MZN |
1,25% |
3,25% |
9,75% |
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
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).