Fixed Deposit
This is an investment product which allows customers deposit their funds into an account for specific tenure to earn interest.
Features
- Persons eligible for this product must be 18 years and above
- There is a specified fixed period of investment, ranging from 3 months, 6 months and 12 months respectively
- Must have account with the bank
- Minimum operating balance is GHS1000.00
- There shall be no withdrawal until maturity
- A certificate shall be issued to the customer
Benefits
- An attractive interest rate
- Customer has the opportunity to negotiate interest payable on the account