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Fixed Deposit

Save for your big dreams with a fixed deposit plan

Create a fixed deposit plan with a minimum deposit of ₦1,000, save a lump sum for a longer term and receive interest upfront. Earn up to 17.5% per annum

Start Saving

The savings plan for your future

  • Guaranteed returns

    Earn an attractive annual interest rate of up to 17.5%.

  • Choose Your Duration

    30 days to over a year, choose a tenure that fits your financial goals

  • Flexible Payout Options

    Decide how you receive your interest, upfront or at maturity

  • NDIC insured

    Save with peace of mind knowing your funds are fully secured and insured

  • Easy roll-over

    Automatically reinvest your principal and interest at maturity

  • Halal complaint

    Choose to receive an interest or not

Frequently Asked Questions

Yes. A minimum initial deposit of ₦1,000 is required to activate your fixed deposit.
Interest is calculated based on your principal amount, your selected tenor, and the fixed annual interest rate.
You can choose to receive your interest upfront at the start of your plan or at maturity. You’ll select your preferred option when setting up your fixed deposit.
Yes, you can withdraw your savings before the maturity date. However, doing so means you will forfeit all accrued interest.
At maturity, you can either withdraw your principal plus interest into your account or choose to roll over your deposit into a new tenor.
No. You cannot top up an existing fixed deposit. To add more funds, you’ll need to create a new Fixed Deposit plan.