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VALOR CRESCENTE TERM DEPOSIT

Valor Crescente Term Deposit is a financial investment with guaranteed capital to make resources profitable.

Term deposit in Kwanzas.

What can be included in the Valor Crescente term deposit?

Quarterly increasing interest rates

Secured short-term profitability

Allows for multiple investments

AOA 100 000, 00
Minimum set-up/maintenance amount

Terms

  • 365 days

  • No renewal allowed

Interest Rate

Interest is calculated daily on the principal invested and not withdrawn at each moment, based on a 365-day year

AOA 100 000, 00 9.00% 10.50% 14.00% 20.00%
Amount 1st quarter 2nd quarter 3rd quarter 4th quarter

Capitalization

Interest is credited at the end of each month to the Current Account and is not subject to capitalization

Conditions for transactions

  • No capital increases allowed;

  • Allows partial (minimum maintenance) or total early redemption, with a 100% penalty on the interest of the current period.

Tax

Interest paid is subject to Capital Gains Tax at a 10% rate, through the withholding tax mechanism.

Guarantee

Capital guarantee of the full amount deposited at maturity and in case of early withdrawal

Useful documents

Valor Crescente Term Deposit in Kwanzas information sheet
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