This is an account where a customer’s deposits are fixed at competitive interest rates for an agreed period of time.
What do I need to open a Fixed Deposit account?
The minimum deposit size is UGX 100,000 and 50,000/= for MEC (group) clients.
Benefits of Fixed Deposit Account
- Negotiable interest rates of up to 12% pa.
- Flexible period ranging from 1 up to 12 months.