Fixed Deposits

A fixed deposit is an investment account into which money is deposited for a fixed period, and the interest does not fluctuate. A fixed deposit offers interest rates higher than an ordinary savings account and is ideal if you want to save for a specific goal, like the deposit for a wedding or a year-end holiday or project.

Basic Requirements:

• Prospective client should have an existing Current Accounts or Savings Account

Features:

• You must make a minimum investment of at least GHC500

• You can choose the date on which you would like your investment to mature

• There are no service fees charged for a fixed deposit

• High and competitive interest rates.

• Tailor made for short to medium term investments of 3 months, 6 Months, and 12 Months

• Options to roll over investment at the end of any given period.

• You can choose to have more than one fixed deposit if you want to save for different goals