Grow your money
Our savings and investment accounts keep your cash safe while paying preferential interest rates.
Some of the benefits
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A new, basic savings account, for those earning under M3000 per month, now available at all four local banks in Lesotho. No monthly management fee, free cash deposits, low minimum balance. Making banking affordable enough for everybody.
An affordable plan which rewards a disciplined savings commitment with guaranteed returns. Set up a monthly debit order to pay a fixed amount into the ContractSave account for between 12 and 36 months, with interest rates increasing each year. When the plan matures, your money is automatically withdrawn into your transactional bank account.
Deposit your savings into a fixed deposit and leave them to grow. Fixed Deposit Accounts earn higher interest than savings accounts, and don’t charge any service fees. Choose your investment period from 6 to 60 months, and save for a goal.
Teach your children to save with their own savings and investment account. Earning interest at competitive, tiered rates over the long term, this account makes it easy to pay in their pocket money with a compulsory monthly stop order.
If you are a Standard Bank Lesotho customer, the Matseliso Funeral Plan will spare your family the expense of paying for your funeral. A low monthly premium provides cover tailored to suit the lifestyle and cultural needs of Basotho, with a cash payout, and additional payouts for groceries and airtime. You have the option to also provide cover for your spouse, parents, children, and other relatives.
A simple, no-frills savings account for those who want access to their money while still earning better interest than a regular current account. Interest is tiered, according to your balance.
Resist the temptation to dip into your savings with a Notice Deposit Account. Deposit extra funds at any time, but any withdrawals require you to give notice of 32, 60 or 88 days before the funds will be made available. Interest is paid quarterly
If you are saving for a major expense in the future, such as your child’s education or a deposit on a new home, this account will ensure your success. Chose an investment period of between 1 and 3 years, and commit to a debit order making a minimum deposit into the account. Interest increases yearly, and you are free to make additional deposits at any time. When the investment matures, we automatically pay it out into your transactional account.
Speak to one of our advisers about the best products for your needs