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Features

Term

90 Days.

Amounts

Minimum opening amount: 50,000.00 ​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

The partial or total advance redemption of the amount applied during the term deposit is not allowed.

Interest Payment

Interest shall be paid upon the act of Term Deposit set up.

Interest rate
  
Amount

Interest rate
50.000 MZN - 100.000 MZN
50.000 MZN - 100.000 MZN
0,00%
100.001 MZN–500.000 ​MZN
100.001 MZN–500.000 ​MZN
0,50%
500.001​MZN–1.000.000 MZN
500.001​MZN–1.000.000 MZN
2,25%
1.000.001 MZN - 5.000.000 MZN
1.000.001 MZN - 5.000.000 MZN
3,75%
Over 5.000.000 MZN
Over 5.000.000 MZN
4,25%

Branch: You can visit your nearest Millennium bim branch

Private Clients and Individual Company (ENI), current accounts holders in Meticais at Millennium bim.

Useful Documentation
Fin DP Juros Antecipados

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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