Grow your money by investing your funds for a period of your own choosing, ranging from 1 to 24 months and get a fixed rate of interest when the time period matures. This account will help you save towards your goals since the funds are not easily accessible.
✅ Eligibility for a loan upon opening the account
✅ Flexibility in account maturity period, i.e.,1,2, 3, 6, 9, 12 to 24 months
✅ The account can be renewed after maturity to another term
✅ A very attractive rate of interest.
One thing to note is that in the event you withdraw cash before the maturity period you will have to pay an early withdrawal penalty.
| Item | Price |
|---|---|
| Minimum deposit required with no upper limit | K25,000.00 with no Upper limit |
| 1 Month | 3.5% |
| 2 Months | 5.5% |
| 3 Months | 5% |
| Above 3 months | Negotiable |