Fixed Deposit Account
Grow your savings with guaranteed returns through minimum risks and secure your business future
Grow your savings with guaranteed returns through minimum risks and secure your business future
income growth with our attractive and guranteed returns
yield on a minimum deposit of UGX10,000,000 or USD10,000
of your Fixed Deposit can be accessed by overdrafts
Funds can be fixed in account for a term period of 1, 3, 6 or 12 months.
Interest calculated daily and paid only on matured deposits.
Balances and statements available on request.
Confirmation of deposit receipts given on placement and on deposits rolled over on maturity.
Fixed Term Deposits are long and short-term deposits offering competitive interest rates and flexible investment periods.
The Fixed Deposit Account is available in Uganda Shillings and US Dollar.
You must instruct us in writing (or any other way we agree to accept) before the maturity date whether you want:
Terminating the fixed deposit before it matures is not allowed. In the event of partial or total early withdrawal, charges may apply and you will forfeit all the interest accrued.
In the event that interest has been paid before maturity the Bank will recover the paid interest from you.
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