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:
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Prospective client should have an existing Current Accounts or Savings Account
Features:
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You must make a minimum investment of at least GHC500
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You can choose the date on which you would like your investment to mature
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There are no service fees charged for a fixed deposit
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High and competitive interest rates.
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Tailor made for short to medium term investments of 3 months, 6 Months, and 12 Months
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Options to roll over investment at the end of any given period.
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You can choose to have more than one fixed deposit if you want to save for different goals