Fixed Term Investment Account

The Fixed Term Investment Account (FTIA) offered by Mutual Life Africa is a secure savings product designed for individuals seeking to grow their wealth over a predetermined period. This account allows investors to invest a lump sum starting from R10000 for a fixed term, ranging from 12 to 36 Months.

Fixed Term

How It Works

  • Investment Duration: Customers choose a fixed term for their investment, which can vary based on their financial goals—short-term, medium-term, or long-term.

  • Initial Deposit: A minimum deposit starting from R10000 is required to open the account, which is held for the entire term.

  • Interest Rates: The FTIA offers competitive interest rates, which are typically higher than standard savings accounts, allowing your investment to grow over time.

  • Maturity: At the end of the investment term, customers receive their initial investment back along plus the accrued interest.

Benefits

Mutual Life Africa South Africa

Guaranteed Returns:

The FTIA provides a fixed interest rate, ensuring predictable growth and financial security.

Mutual Life Africa South Africa

Capital Protection

Your initial deposit is safe from market volatility, making it an ideal choice for conservative investors.

Mutual Life Africa South Africa

Financial Planning

This account helps in structured saving, enabling individuals to plan for future expenses like education, home purchase, or retirement.

Mutual Life Africa South Africa

Flexible Terms

With a range of investment durations available, customers can select a term that aligns with their financial objectives.

Frequently Asked Questions

Mutual Life Africa

The minimum is R10000 and the maximum is R10 Million.

At maturity, you will receive your initial deposit along with the accrued interest. You can then choose to withdraw your funds or reinvest them in a new Fixed Term Investment Account.

Yes, your initial deposit is protected, and the fixed interest rate guarantees predictable growth. Additionally, Mutual Life Africa adheres to regulatory standards to ensure the security of your investment.

Unfortunately no, since the current rate is promotional and a limited time offer, we only accept accounts that are opened and funded within 24 hours.

Yes your capital is protected and guaranteed.

You can withdraw your capital anytime but the interest is locked for the specified term.

Fixed Term Investment

How It Works

  1. Open your account using the attached form below.
  2. Select the term you want from 12 to 36 Months.
  3. Activate your account by funding your account with a minimum required investment starting from R10 000 to R10 Million.

WHAT DO I NEED TO OPEN AN ACCOUNT 

  1. Your capital.
  2. Personal details.
  3. Copy Of ID or Passport.

WHAT IS MY ROI.

10% Uncompounded.

Prepare for a better tomorrow with Mutual Life Africa.

Join Our Community

We will only send relevant news and product updates and no spam.

You have been successfully Subscribed! Ops! Something went wrong, please try again.