Fixed deposit account
A contractual account, where funds invested are available after the contract has matured. A client can place a fixed deposit for 1month, 2months, 3months, 6 months, 9 months and 12 months.
- Minimum opening and account balance of K1,000, 000.00
- Client can top up with any amount
- Client cannot withdraw otherwise contract termination will attract a penalty fee.
- Funds can be pledged and used as collateral
- No service fees charged