The FDH Fixed Deposit Account is an investment account for a lump sum of money placed for a fixed specified period of time.

Features

• The account may be opened for a fixed period of 1/ 2/ 3/ 6/ 9/ 12 months
• A minimum deposit amount of K25,000 is required
• Interest is paid at maturity and funds may be reinvested
• Premature withdrawal is permissible but this attracts some penalty

Benefits

• Great Flexibility in maturity periods
• High returns as competitive interest rates are on offer.
• Applicable interest rates are negotiable based on investment size.
• Borrowing (Loan/overdraft facility) against your fixed deposit as security is allowed