Fixed Deposit Account
A Fixed Deposit is an investment account where money is deposited for a fixed period and the interest rate does not change. A Fixed Deposit offers interest rates higher than ordinary savings accounts and is ideal if you want to save for a specific goal – like the deposit for a wedding or a year-end holiday.
Some of the benefits
Good terms
Interest may be paid into another account. You can choose the date on which you want your investment to mature.
Personalised
You can choose an investment term ranging anywhere from 1 to 12 months. You can have more than one Fixed Deposit if you want to save for different goals.
Flexibility
The funds in your account can be pledged and used as collateral.
Accessbility
You cannot withdraw funds from your Fixed Deposit account during the period of your investment. Early termination attracts a fee.
What you get
- Available in multiple currencies
- No monthly management fee
- Your funds are available at maturity without a fee.
- Early termination attracts a fee. (*Refer to pricing guide)
- No Service Fees
- You can choose an investment term ranging from 1 to 12 months
What it costs
- Minimum Balance – K 1,000
- No Monthly charge
- Early termination attracts charge
How to get it
- Internet Banking
- Visit our nearest branch or have bank staff visit your premises
What you'll get
- Valid National ID
- Reference Letter
- Transactional Account
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What you get
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What it costs
-
How to get it
-
What you'll get
- Available in multiple currencies
- No monthly management fee
- Your funds are available at maturity without a fee.
- Early termination attracts a fee. (*Refer to pricing guide)
- No Service Fees
- You can choose an investment term ranging from 1 to 12 months
- Minimum Balance – K 1,000
- No Monthly charge
- Early termination attracts charge
- Internet Banking
- Visit our nearest branch or have bank staff visit your premises
- Valid National ID
- Reference Letter
- Transactional Account