Fixed Deposit Account

Fixed Deposit Account

This account allows you to determine tenor of investment at an agreed interest rate.

This is a certificate deposit account with flexible tenure.

Benefits

The Fixed Deposit Account is made for the individual or corporate customer who is looking to earn interest on money invested over a period of time.

A minimum opening balance of N100,000 is required.

Start Earning

Features

  • Certificate will be issued to investors
  • Minimum Tenor of 30 days
  • Interest on fund is 8% -13% per annum, subject to review
  • Can be used as collateral for loan
  • Minimum investment of N100,000 and Above
  • Liquidation before maturity will attract a penalty of 20% on the accrued interest

Why Invest with Us?


CIT Microfinance Bank is regulated by the Central Bank of Nigeria


Your savings and deposits are insured by the Nigeria Deposit Insurance Scheme


Flexible Investment Tenors and Best interest Rates Available