Fixed Deposit

Deposit Products
It is a contractual account that is there must be an agreement between the bank and the customer over duration of placement and the interest rate.


  1. The customer must complete a Fixed Deposit form
  2. Lodge a minimum of GH¢100.00
  3. Must be issued with receipt to cover the placement


  1. There are three (3) types of duration namely, 3 months, 6 months and 1 year with varying interest rates.
  2. The interest rate is negotiable
  3. It attract interest higher than the ordinary savings
  4. Withdrawal before maturity period does NOT attract interest
  5. The rolling-over of deposit is optional but done on maturity.