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Fixed Deposit

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A Fixed/Tenured Deposit is a tenured investment account with a specific amount invested at an agreed interest rate. At the end of the agreed period (tenure), and based on the customer’s instructions, the investment can either be re-invested or returned with the interest amount earned.

 

Features:

  • Minimum investment amount is N100,000.00
  • Attractive interest rates.
  • Flexible tenure of 30-360 days
  • Withholding tax of 10% on interest earned
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