Term Deposits
What is a Signia Term Deposit?
A Term Deposit is a sum of money that you deposit for a fixed period of time at a rate of interest generally higher than what you would obtain on a savings account.

Why Invest in a Signia Financial Term Deposit?
Increase your Investment Earnings
A Signia Financial Term Deposit offers you a better return than traditional commercial bank saving accounts or commercial bank term deposits.

Investment Flexibility
We offer Term Deposits with a one year, two year or three year terms. You also have the flexible option of receiving your interest payments either monthly, quarterly, semi-annually, annually or on maturity.

Safety
A Signia Financial Term Deposit is a safe investment. Your interest rate is guaranteed for the term of the Term Deposit. On maturity you will receive the initial sum of money you invested together with interest.

Build Security
A Signia Financial Term Deposit can be used as strong collateral for any loan.

Who can invest in a Signia Term Deposit?
This investment options is suited for:

• Individuals looking for a strong investment;
• Businesses seeking to invest excess funds;
• Retirees looking for a supplemental source of tax-free income;
• Any charitable organisation or association.
  

What happens on maturity?
Signia Financial will notify you in writing in advance of the maturity of your Term Deposit. At that time, you will have the following options:

• Withdraw any unpaid interest earned and renew your Term Deposit for your original principal;
• Reinvest both your initial investment and your earned interest into another Term Deposit;
• Increase or reduce you initial investment by establishing another Term Deposit
• Withdraw your initial investment together with any interest due.