Fixed Deposit Account
Looking to invest significant funds for a specific period of time at a fixed rate of interest? Our Fixed Deposit Account offers you just that and more…
- Negotiable interest rates
- No transactional fees
- Flexible investment periods
Features
Benefits
Features
Amount: 100,000 Ugx to infinity
Fixing period: 3 to 12 months
Interest rate: Negotiable depending on the amount and period.
- Withholding Tax: 15% on the interest earned by a member who has fixed funds
Benefits
- Attractive interest rates
- No transactional fees
- Flexible investment periods
- Access to loans / Over Draft facilities using fixed deposit as collateral
- Automatic roll over investment facility
- Affordable initial deposit
- Can be fixed individually, jointly or as a group.