• Benefits
  • Remuneration
  • Features
  • How to Apply
  • Legal Notices

For us your family is always in 1st place.

Your savings today make all the difference tomorrow therefore we have created the Plano Poupança Família, a term deposit that enables savings in a disciplined way, building solutions of medium and long-term saving. 

  • Term: 365 days 
  • Interest rate payment: Monthly
  • Minimum amount of constitution: 500.00 MZN 
  • Minimum amount of reinforcement: 1.00 MZN
  • Early mobilization subjected to penalty.

  • Here you can save the amount you want, when and how you want it.



    Interest Rate

    The Interest Rate is Variable according to the value of PRSF  (Prime Rate of the Financial System) at the beginning of each monthly  reckoning.

    Monthly Interest Payment​

    • Up to 100.000 MZN for PRSF - 17​,00%
    • Up to 500.000 MZN for PRSF - 16,00%​
    • Up to 1.000.000 MZN for PRSF - 14,00%​
    • Above 1.000.000 MZN for PRSF - 12,00%​


    Interest payment

    Interest rates are paid monthly.​


    Early mobilization
    Allow total or partial mobilization at any moment of the deposit term, with a penalty on interest of the month in which the liquidation or withdrawal takes place.
    Capitalization Scheme
    The interest credit on the current account is optional. For such, the account holder is required to submit a declaration where he/she manifests this intention and notify the Bank on the date of the establishment or subsequent deadlines. In this last case, the credit of interest on current account will only apply to periods of subsequent interest.​

    Access Conditions
    Have a current account;
    The Client is obligated to establish monthly settlements in the PPF constitution act. 

    365 Days.
    The application will be automatically renewed for an identical period, with the interest rate on the date of term deposit renewal date and published in the Bank's price list available for consultation at any Millennium bim branch.
    ​Capitals warrant ​
    Guarantee the payment of the total amount at maturity or in the event of early mobilization.

    To establish this term deposit you can either:​

    1.    Visit the nearest Millennium bim branch; or

    2.    Access your Internet Banking account and follow the steps bellow:

    a.    Select the current account that will be associated to the term-deposit;

    b.    Define the minimum amount of constitution and determine whether the interest will be credited into your current account or compounded into the term deposit;

    c.     Confirm the establishment of the term deposit;

    d.    Print the proof of the term deposit establishment;​ 


    Tax Policy

    Deposit’s Revenues are subjected to tax withholding corresponding to Stamp Duty (Imposto do Selo), at a rate of 10% (IRPS Code Law No. 33/2007 of 31 December).​