Fixed Deposit

Short Overview

If you’ve got a chunk of money that you won’t need for a while, lock it away in a Fixed Term Deposit Account and watch your investment grow. With a fixed rate of interest and a choice of terms, you can be sure of what you’re getting. Know what you’ll earn. You could earn up to 10% interest p.a. The rate of interest you earn is fixed, so you’ll know exactly how much you’re getting. A home for your lump sum. Got money you won’t need for a while? Get a better rate of interest than your regular savings account. our Investment, your choice. Choose how long you want to put your money away for, how you want to receive your interest and how you want your account managed.

Features and Benefits
  • A minimum of N200,000 and above

  • Tenor of 60 – 365 days with an option of roll over

  • Competitive rates for investments

  • Option of monthly interests paid into desired customer’s account while deposit is ongoing

  • Option of upfront interest on commercial papers

  • Backend interests with principal at the end of tenor.

Loan Requirements
  • Completed account opening form

  • Documentary Evidence of Address

  • 1 Passport photograph Valid ID


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