Fixed Deposit

Services

This is fixed period savings for 91 days, 180 days and 365 days.
A fixed deposit account shall attract interest rate higher than savings account
Minimum amount of GHC 500.00 is expected and any other deposit above the minimum shall be multiples
Certificate is issued to the customer certifying date of purchase and expiry dates, interest rate and other amount of deposit.
Both customers and none customers are eligible to invest in fixed deposit.
Interest shall be paid on maturity of the deposit only.
The customer reserves the right to roll over the investment upon maturity, and he/she shall present the original certificate for a new expiry date and the account updated
No rediscount or withdrawal would be permitted before the expiry date of an investment.