Offers competitive interest rates and flexible investment periods.
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Fixed Deposit

Get the most from your money with a high interest Fixed Deposit

Apply today and enjoy the benefits that come with being a valued Standard Chartered Bank Client.

Flexible tenure: Choose From a minimum tenor of 30days to a maximum tenor of 365days.
Note: 2 years tenor is offered on request.

Overdraft Facility: Overdraft facility that gives you instant access to cash.

Convenient Banking: Free 24- hour online banking and mobile banking allows you to manage your money and complete transactions anywhere in the world at anytime

Interest Rates: Interest rates for Fixed Deposits available at any Standard Chartered Bank location in Nigeria

  • The Interest rates are provided daily and available at the branches. The interest rates are indicative & subject to change at the sole discretion of Standard Chartered Bank Nigeria. Once the Fixed Deposit is booked the rate is confirmed for the tenure. More details on applicable interest rates are available by contacting us at one of our branches or your Relationship Manager.
  • Foreign currencies available

Terms & Conditions

  • 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 cancelling 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. The Client and Product Terms and Conditions and tariff guide are available on our website:

Useful Information

Eligibility & Documents

  • Nationality: Nigeria Nationals, Resident & Non Resident individuals
  • Age requirement: Minimum 18 years old


  • 1 Passport Photograph
  • 2 suitable references (from current account holders only)
  • FATCA Form
  • TD Placement form
  • SDD / EDD Checklist
  • IID(Important Information document)
  • Citizens, Residents and Non-Residents
  • Customer Identification Doc. (Any one of): International Passport, Driver’s License, National ID

Call Us

Call our hotline for further information.

01 2704611 - 4
(when dialling in Nigeria)

+234 1 2704611 - 4
(when dialling 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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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.