Fixed deposit A/c
Fixed deposit A/c
The Fixed Deposit Account offers higher interest rates in exchange for committing funds for a fixed period. This account is suitable for those looking to earn more from their savings without immediate liquidity. Fixed deposit terms vary, allowing account holders to choose the duration that best fits their financial plans.
Requirements
- Three passport size photographs
- National ID (Endangamuntu)
- Opening fee of Ugx 26,000=
- Group registration certificate
Benefits
- No monthly charges
- No limit on withdraws or deposits
- Flexible periods starting with 3 upto 12 months
- Attractive interest Rate upto 18%
- Account opening is easy and instant
- Transactions services across all Branches
- Quick service delivery & customer care
- Guaranteed interest paid out at maturity
- Fixed deposit can be used as a collateral
- Minimum deposit 500,000=
Features
- Any amount can be deposited
- Mobile banking service
- SMS alerts for all transactions
- No monthly management charges
