Products and Services
Investment Products

Call Accounts

  • Minimum investment amount of N$ 500.00
  • Maximum investment amount of N$5 million (negotiable with management)
  • No fixed period
  • Top-ups of N$ 100.00 and more can be made
  • Obtain funds at any given time 

32 day notice account

  • Minimum investment amount of N$ 500.00
  • Subject to 32 Day notice to obtain funds.
  • Invest funds for an undetermined/indefinite period
  • Top-ups of N$ 100 and more can be made during the month
  • Funds can be withdrawn upon advising 32 days prior to the time funds will be needed
  • Should interest rates change, account will be adjusted after 32 days 

60-Day Notice Account

  • Invest funds for an undetermined/indefinite
  • Subject to 60 Day notice to obtain funds.
  • Funds can be withdrawn upon advising 60 days prior to the time funds will be needed
  • Top-ups of N$ 100.00 and more can be made during the month
  • Should interest rates change, account will be adjusted after 60 days

Fixed Term Deposits

  • 90-day Fixed Term Deposit
  • 4 to 6 month Fixed Term Deposit
  • 7 to 9 month Fixed Term Deposit
  • 12 to 24 month Fixed Term Deposit
  • 24 to 36 month Fixed Term Deposit
  • Invest funds for a specific period and it will mature after indicated period
  • Should interest rates change, it will not change as it is an agreement that funds will be invested for a specific period
  • Client is thus compelled to keep funds with NSB for the period invested
  • Should said contact be breached by asking for funds before maturity date, a penalty fee is payable
  • Minimum investment amount of N$ 500.00
  • Top-ups of N$ 500.00 and more can be made during the period

Flexi Save-As-You-Earn

  • Interest rate of 2.75% per annum – tax-free
  • No bonus
  • Investment period of one year only
  • Minimum investment amount of N$100
  • Additional deposits of N$50 and more can be made 

Save-As-You-Earn

  • Interest rate of 2.75% per annum – tax free – calculated on daily balance
  • A bonus on the total interest earned (depending on the contract period) is payable upon maturity
  • Minimum investment amount is N$50 and recurring monthly payments equal to the initial amount deposited.

My Choice

  • Some customers want to invest funds FOR a specific number of days or want their funds AFTER a specific number of days, or want their funds AT a specific date
  • Thus, the creation of an investment product called My Choice
  • It is the client’s choice for how long he/she wants to invest funds
  • The rate will be determined by the period and amount invested
  • Minimum investment amount of N$ 500.00
  • Top-ups of N$ 500.00 and more can be made during the period 

General information:

  • All investments are TAX-FREE provided the customer invests in his/her individual capacity.
  • NO annual or administration fees on any product, however penalty fees apply as per terms & conditions.

 Click to download the Waiver and Indemnity

Click to download the Terms and Conditions