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.

 

FEATURES

  • Initial Deposit: UGX 100,000
  • Minimum Balance: Fixed Deposit
  • Monthly Fee: N/A
  • Interest rate & Calculation: 6-13% p.a. negotiable
  • Transaction Fees: At maturity
  • Funds Transfer: N/A
  • Statements: 1 free per month

 

Account Opening Requirements: 

  1. Passport photo
  2. copy of National ID/ Refugee ID
  3. Passport with a Resident Permit for Non Ugandans
  4. Amount to be fixed