Ithala Development Finance Corporation Limited

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Deposit Rates

Product Service Fee

Fixed Interest

Club Account

Debit Card

Contact Ithala

	Physical Address
	17 Isilo Drive, Umlazi 4066

	Postal Address
	P.O. Box 2801 Durban 4000

	Telephone Number
	031 907 8911

	Fax Number
	031 907 5685

	Email us

Deposit Rates

DEPOSIT RATES - EFFECTIVE FROM 18 April 2008

Debit Card

R0          - R499
R500       - R999
R1,000    - R4,999
R5,000    - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.00
0.00
0.00
0.00
0.25
0.25
0.25
1.30
2.20
2.50

SAVINGS ACCOUNTS (Includes Co-Ops & Past Dues)

R0          - R499
R500       - R999
R1,000    - R4,999
R5,000    - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.00
0.00
0.25
0.50
1.00
1.25
1.50
1.75
2.25
2.75

BUSINESS ACCOUNTS (Includes Co-Oops)

R0 - R999
R1,000 - R4,999
R5,000 - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.00
0.00
0.00
0.00
0.00
0.25
0.30
0.40
1.00

Target Save - Multiple Term , 9 Months and 12 months

R0 -R9 999
R10,000 +

3.50
3.80

Fixed Deposit - Payable Monthly

12 Months

5.27

Fixed Deposit - Payable at Maturity

3 Months
6 Months
12 Months
24 Months

5.30
5.40
5.40
5.40

CORPORATE FIXED DEPOSITS

On Request

CLIENT CALL DEPOSITS

R0          - R499
R500       - R999
R1,000    - R4,999
R5,000    - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.10
0.10
0.35
0.60
1.10
1.35
1.60
1.85
2.35
2.85

CORPORATE CALL DEPOSITS

Neg

KZN GOVERNMENT

Neg

DORMANT SAVINGS

0.00

RENTAL & SERVICE DEPOSIT

R0          - R499
R500       - R999
R1,000    - R4,999
R5,000    - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.00
0.00
0.25
0.50
1.00
1.25
1.50
1.75
2.25
2.75

RETENTION ACCOUNTS

5.20

TRUST ACCOUNTS

R0 - R499
R500 - R999
R1,000 - R4,999
R5,000 - R9,999
R10,000 - R14,999
R15,000 - R24,999
R25,000 - R39,999
R40,000 - R49,999
R50,000 - R99,999
R100,000+

0.00
0.40
0.80
1.60
2.30
2.80
3.30
4.00
5.30
5.80