Personal Banking › Savings & Investments

Recurring Deposit Account

RD allows you to earn fixed interest on the amount invested at frequent intervals (usually monthly) until the investment matures or a predetermined term ends.

Open Account View Channels

Benefits

Easy Way to Save Money

Build a consistent savings culture by investing regularly over your chosen term.

Earn High Interest

Enjoy fixed, competitive returns paid at regular intervals.

No Monthly Fees

Grow your investment without monthly account maintenance charges.

Risk-Free Investment

Guaranteed return on your investment when held to maturity.

Minimum Deposit

Minimum Opening Deposit

MWK 50,000

Transaction Channels

  • In-Branch
  • Standing Orders

Complaints Handling

  • Call Centre — 322
  • Walk-in Branch
  • Emails

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