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Fixed Deposit Account
This is a specialized savings with a fixed tenor. Tenor may vary from 30 days to as much as 360 days.
Features
Open Account
- The tenor involved and the prevailing market rate determines the rate at which any deposit can be fixed.
- Investment period (tenor) is a minimum of 30 days and a maximum of 360 days.
- Minimum opening balance is ₦100,000.
- Amount can be terminated before maturity but a certain percentage of accrued interest will be forfeited.
- Attractive interest rate.
- A written instruction to enable us to fix the specified amount.