Fixed Deposit Savings Account
Requirements.
- Two passport size photographs
- Valid National ID (Endangamuntu)
- Letter of introduction from the LC, Employer or utility bills copy verifying your residence
- Opening fee of Ugx 26,000
Benefits.
- Competitive interest rates up to 16% per annum
- Guaranteed interest paid out at maturity
- Flexible periods of three (3) months to unlimited months
- No limit on the maximum amount
- Minimum deposit amount of Ugx 100,000
- Fixed deposit can be used as collateral
Features
- No monthly management/service charges
- Any amount can be deposited
- SMS alerts for all transactions
- Mobile banking services
