Investment Accounts

Fixed Deposit Accounts

Fixed Deposit Account

This accounts gives you the luxury of having a guaranteed return on your money with a predetermined interest and payment date. You can therefore plan your finances for the future.

Features include:

  • Kwacha Fixed Deposit: K5,000 minimum opening and operating balance.
  • Tiered interest rates based on balance and tenure.
  • Flexible investment tenures.
  • Interest is calculated on the monthly cleared credit balance and paid upon maturity, In-term or Up-front.
  • No fixed or penalty charges levied on the account.
  • Flexibility to obtain cash covered overdrafts against your investments of up to 95%.