Fixed Deposit Account

Overview

This account allows customers to deposit and fix their money at competitive interest rates for an agreed period.

Benefits

  • No charges at all
  • Can borrow up to 90% against the deposit.
  • Attractive interest rates.

Requirements

  • Running operational account.
  • 1 passport size photo
  • Completed account opening form

Features

  • No account management fees.
  • No below minimum balance fees.
  • Minimum amount – Ugx. 1,000,000
  • Maximum tenure of 12 months.
  • 15% charge on interest earned.

Key Facts

Branch, ATM, and Agent Locator