Fixed Deposits

Your Risk Free Investment

This product targets potential clients who wish to save their money and earn interest at the end of the period. Customer’s deposits are fixed for an agreed period of time subject to no withdrawals until maturity. Interest income will be forfeited for cash withdrawals made before maturity period.

Minimum Deposit : UGX 100,000
Minimum Balance : Fixed Deposit
Monthly Fee : N/A
Interest rate & Calculation : 6-12% p.a. negotiable
1 free statement per month

Benefits

  • You earn interest at a competitive rate in the market
  • You may access loans using your Fixed Deposit Account as collateral