Time Deposit

Earn more with your savings by placing it in a fixed deposit to maximise its growth potential.

It is a typically higher interest-bearing deposit account that has a specified date of maturity. The funds in time deposit must be held for the fixed term to receive the agreed up on interest rate.

Features and Benefits

Opened for fixed agreed period

Minimum 3 month period under consideration

A certificate of deposit issued for the customer

Minimum opening balance of 100,000 .00

Attractive interest rate than saving interest

Has negotiable interest rate option

Eligible Entities

All natural and legal persons
Minors through parents or guardian
Interdicted persons through legal guardians

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