Time/Fixed Deposit Accounts

Your investment is guaranteed to yield interest, secures your capital and guarantees high-income yield. It constitutes an investment for a fixed period. Interest is paid after an agreed period of one, three, six, nine or twelve months. We provide automatic rollover of principal and interest at maturity.

Benefits

  • Automatic rollover at maturity without having the need to consult the bank

  • Competitive interest rates

  • The longer the investment period the higher the yield

  • It can serve as collateral for your borrowing.

  • Customer can terminate anytime

Interest Payments

Fixed Deposits 3 months 6 months 12 months
0.20% per annum 0.40% per annum 0.70% per annum

Note:- The minimum/opening amount required to operate any class of Fixed Deposit is now pegged at D25, 000.