Fixed Deposit Account
This is an investment account that allows you to deposit sums for fixed terms. Customers enjoy higher interest rates in return for leaving funds untouched for a pre- agreed time frame after which they may liquidate or roll over their investments. Interest rates are negotiable depending on the fund available for investment and other considerations.
Key features of this account are:
- Flexible tenors- 45, 60, 91, 182 or 365 days
- Higher applied interest rate
- Statements provided on request
- Withdrawals allowed within the tenure of deposit