Fixed Deposit Account

Save your money in a risk free investment with flexible terms over a period of time (3 months – 1 year)at competitive interest rates.

 

Target market: Potential clients who wish to save their money and earn interest at the end of the period.

Initial Deposit: UGX 100,000

Minimum Balance: Fixed Deposit
Monthly Fee: N/A

Interest rate & Calculation: 6-14% p.a. negotiable

Transaction Fees: At maturity

Funds Transfer: N/A

Account Opening Requirements: Same as OSA, Amount to be fixed is deposited on the customer OSA

Statements: 1 free per month