Fixed Deposit Account
Make your money work for you, with our fixed deposit account. This is a high interest earning account that is opened
for a specific period of time at a fixed rate of interest. The account is available to individuals and organisations in
local and foreign currencies, and for various periods.
Main features & Benefits
- Account is available in US Dollars, GB Pounds and Euro;
- For Ugx shilling accounts, the aceptable minimum deposit is UGX 1,000,000/=( One million only);
- Funds can be fixed on the account for term periods of 3, 6 or
12 months;
- Interest is fixed for the term of the deposit;
- When you make the deposit we will inform you of the
precise amount of interest you will receive on maturity;
- The interest paid provides a source for extra income;
- There are no charges on the account;
- Funds in your fixed deposit account can be used to secure
loans and overdrafts;
- Funds may be budgeted for future use.
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