Term deposits

Investing in your future.

When you invest in a term deposit, you deposit a sum of money for a specific period of time at a fixed interest rate. Usually, the longer the investment period, the higher the rate of interest paid.

Noventis offers several investment options when it comes to term deposits, and our interest rates are very competitive with the larger financial institutions.

Term deposits can be attractive when you are investing for a long term (up to 10 years) and also when you have excess cash for a brief period of time (as little as 30 days). You choose the term you desire. It may even be possible to divide your investment into a number of terms, either to ensure you have funds as you need them or to reduce the effects that changes in interest rates have on future reinvestments.


 

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