Fixed Deposit Account

The Fixed Deposit Account is designed for individuals, groups and institutions who desire a savings plan for a speciﬁed period of time usually three months, six months up to twelve months. The account targets members who want to invest the certain amount of money for a period of time The principal as well as the accumulated interest is paid to the customer only upon maturity.

Features

Minimum deposit $50
Minimum interest earning balance is $100
Flexible saving terms of 3 to 12 months
Receive attractive interest rates of up to 20% per annum
Can be used as collateral for loans
Members can access loans up to three times their savings
Withdrawal upon maturity of contract
Interest forfeiture upon breaking contract

Beneﬁts

Our ﬁxed deposits offer some of the highest guaranteed rates of return.
Earn more as you save more for longer periods
Have peace of mind knowing your money is safely invested in a leading ﬁnancial institution authorised to accept deposits.

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