Fixed Deposit Investment Account
A Fixed Deposit is an investment account where money is deposited for a fixed period and the interest rate does not change. It offers higher interest rates than ordinary savings accounts and is ideal if you want to save for a specific goal, like a wedding or a holiday.
GHS 500
Minimum investment
At maturity
Access to your money
Some benefits of Fixed Deposit
Top rates
Get higher interest rates the longer you stay invested
Fixed interest
Make a once-off deposit and watch your money grow at a fixed rate
No Fees
No management fees are charged on your account
Flexibility
Several investment period options are available – from 30 days to 365 days
What you get
- You can choose an investment period
- There are no service fees charged
- Several investment period options are available – from 30 days to 365 days
- You can have more than one fixed deposit if you want to save for different goals
- You cannot withdraw funds from your fixed deposit during the term of your investment
- If you end your investment early, you will need to pay a penalty
How to get it
- You must make a minimum investment of at least GHS500.00
- Be over 18 years.
- Visit your nearest branch with the following documents:
- Nationally accepted identification (valid Voter’s ID Card, driver’s licence or passport)
- Two passport-size photographs
- Proof of address - utility bill less than three months old
- You don’t need to give us the above documents if you hold a current or savings account with us
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What you get
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How to get it
- You can choose an investment period
- There are no service fees charged
- Several investment period options are available – from 30 days to 365 days
- You can have more than one fixed deposit if you want to save for different goals
- You cannot withdraw funds from your fixed deposit during the term of your investment
- If you end your investment early, you will need to pay a penalty
- You must make a minimum investment of at least GHS500.00
- Be over 18 years.
- Visit your nearest branch with the following documents:
- Nationally accepted identification (valid Voter’s ID Card, driver’s licence or passport)
- Two passport-size photographs
- Proof of address - utility bill less than three months old
- You don’t need to give us the above documents if you hold a current or savings account with us