Bonus investment

A Bonus investment allows you to invest a lump sum over a chosen period of time and rewards you with attractive bonus interest.

Features and benefits

  • A minimum deposit of M2000 is required to open the account (this can be transferred directly from your transactional account).
  • There is no maximum balance requirement, but the higher your balance, the more interest you will earn!
  • Additional deposits cannot be made into the account, but you can open more than one Bonus investment account – ideal if you want to save for different goals.
  • There are 3 investments periods to choose from – 12, 24 or 36 months.
  • Once an investment period has been chosen, it cannot be changed.
  • A guaranteed bonus is awarded if the account runs for the full investment term you have chosen.
  • No management fees are charged on the account.

Who can apply

If you’re over the age of 18 and want to invest a lump sum for the future, a Bonus investment is right for you! You can also open a Bonus investment account for your children and teach them the benefits of saving!

How to apply

Opening a Bonus investment account is easy! Just visit your nearest Standard Lesotho Bank branch with the following documents and complete an application form:

  • A nationally accepted identification card (valid voter’s ID, drivers license or passport).
  • Proof of residence in the form of a utility bill (less than 3 months old) or Chief’s letter.

 

Customer care

Tel: (+266) 22212000

Email: lesothoservicecentre@stanbic.com