Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/ng and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ng

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Fixed/Term Deposit Account
Fixed/Term Deposit Account
  1. Accounts & Deposits
  2. Fixed/Term Deposit Account

Fixed/Term Deposit Account

Our Fixed/Term Deposit account offers competitive interest rates and flexible investment periods

Benefits

Account Features

Choose from a minimum tenor of 30 days to a maximum tenor of 365 days (Maximum of 360 days for USD).

Overdraft facility that gives you instant access to cash.

Apply for fixed deposit account from our mobile app.

Fixed deposit accounts are available in both local and foreign currencies.

Application Eligibility

  • Age: 18 years and above
  • Existing account holder

Documents Required

  • FD Placement Form

Application Eligibility

  • Age: 18 years and above
  • Existing account holder

Documents Required

  • FD Placement Form

Interest earned on your Fixed Deposit, will be paid to your Current Or Savings Account with the Bank depending on the interest payment option you have selected in the application form.

 

The interest amount will accrue based on your average daily balance. Interest is calculated based on 365 days for NGN and GBP and 360 days for all other currencies.

 

For Upfront Interest on fixed deposit: Interest earned on your fixed deposit/high yield, will be paid to your current or savings account with the Bank the next day after applying. Rollover, Top-up, and Early Liquidation options are not available.

 

You understand that terminating or canceling of the fixed deposit/high yield account before maturity is not advisable. If you do break the deposit before maturity, you will forfeit 20% or more of your paid interest. In the event that interest has been paid before maturity, the Bank will deduct the paid interest and pre-liquidation charge from the principal. Any tax paid on the interest by the Bank, will need to be recovered by you from the relevant tax authority.

Call Us

Call our hotline for further information.

+2348001235000
(Toll free number)

01 2704611 – 4
(When dialing in Nigeria)

+234 1 2704611 – 4
(When dialing from overseas)

Email Us

Alternatively, please drop us an email and we will contact you soon.

Email Us

Locate Us

Visit the branch that is nearest to you.

Find a Branch
Fixed/Term Deposit Account Receive competitive interest rates on Fixed/Term Deposit account.

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/ng and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ng

 

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