Fixed Deposit
Fixed Deposit Account
Our fixed deposit account with unique benefit and attractive interest rate is just what you need to make banking at ease.
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What Documents Do You Need?
How to Apply
FAQs
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Why Choose this Account?
- Investment period (tenor) is a minimum of 90 days and a maximum of 360 days.
- Minimum opening balance is Le 500
- Amount can be terminated before maturity but accrued interest will be forfeited.
- Amount can be terminated at customer’s discretion
- Attractive interest rate
Why Choose this Account?
- Individuals and Corporate organisations can operate this account.
What Documents Do You Need?
- Filled Fixed Term Deposit Form
- One passport photograph
- Customer Investment advice.
How to Apply
To open a FirstSavings Plus account
- Visit the nearest First Bank branch.
FAQs
1) What is the tenor for fixed deposit?
- It varies between 30 days and 360 days.
2) Can the investment be rolled over?
- Yes, based on an instruction from the customer.
3) Can the investment be terminated before maturity?
- Yes, investment can be terminated before maturity; however a portion of accrued interest will be forfeited.