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Features

Term

90 days and 180 days.

Amounts
Minimum amount for Traditional Network Customers 25,000.00 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 is paid at the end of each period and credited in the current account.

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.
  • Millennium bim Private Customers, Holders of Current Accounts in MZN;
Fixed interest rate depending on the amount/grade
For details, please refer to the STANDARD INFORMATION SHEET
Guarantee of full amount deposited at maturity or in case of Early Withdrawal.
Useful Documentation
Standard Information Sheet
Interest Rate: Gross Annual Nominal Interest Rate fixed and in accordance with the following capitalization scales to be invested.​​
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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