Enjoy benefits on your Fixed Deposit Account

Fixed Deposit Account Features

time flexible tenure 12 months

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

money overdraft facility

Overdraft facility that gives you instant access to cash.

atm easy access cash

Apply for NGN fixed deposit account(s) from our mobile app. Make more money with competitive interest rates.

global currencies range

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.

Auto rollover fixed deposit will automatically be rolled over for a similar period/tenor on maturity at the prevailing system rate.

Call Us

Call our hotline for further information.

(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


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