Benefits

Account Features

time flexible tenure

Flexible tenure options allowing you fix your money for 3 months, 6 months, 9 months or 12 months.

money loan service

Borrow against and up to 95% of your Fixed Deposit amount at nominal rates.

card payment

Interest is paid at maturity to current or savings accounts. An upfront interest payment option is also available.

added value high interest rates

Attractive returns with complete security and competitive interest rates.

Application Eligibility

  • Initial deposit: UGX10,000,000 or USD10,000
  • A current account or a Savings account is required to open a Fixed Deposit

Documents Required

  • Original / copy of National ID
  • If US Person, upload W-8 BEN / W-9 BEN form
  • If US Green Card holder, upload W-9 BEN form

Application Eligibility

  • Existing account holder
  • Age: 18 years and above

Documents Required

  • Original / copy of Passport
  • Valid Work / Residence Permit
  • Address Proof (Utility Bill, Tenancy Agreement, Employer Letter)
  • Selfie Photo
  • If US Person, upload W-8 BEN / W-9 BEN form
  • If US Green Card holder, upload W-9 BEN form

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:

  • us to pay you the principal and interest on the maturity date; or
  • to renew the fixed deposit

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.

Call Us

Call our hotline for further information.

Number: (+256)200524100 ,(+256)313294100

Email Us

Please send us a message and we will be in touch as soon as possible.

Email Us

Locate Us

Visit the branch that is nearest to you.

Find a Branch
Fixed Deposit Enjoy high growth potential and guaranteed returns.

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/ug and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

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