Products / Fixed Deposit / Fixed Deposit
Fixed Deposit
Lock In Your Funds, Grow Your Wealth
Our Fixed Deposit account lets you lock in funds for an agreed tenor in exchange for a premium interest rate, making it a predictable way to grow your savings. Full rate cards and tenor options for this product are being finalised.
Note: This page is a placeholder. Full Fixed Deposit rates and tenor options were not included in the source material and should be confirmed before this page goes live.
Ideal For: Savers and businesses with lump sums they don't need immediate access to, who want a guaranteed return over a fixed period.
Why Consider This Account?
- Predictable, fixed returns over your chosen tenor
- Can serve as collateral for a loan
- A disciplined way to grow a lump sum
- Backed by the same NDIC-insured guarantee as our other deposit accounts
Account Details
| Status | Rates and tenor options available in-branch |
| Typical Use | Lump-sum deposits held for a fixed period |
Detailed rates, minimum deposit, and tenor options for the Fixed Deposit account were not yet finalised in the material provided for this page — please confirm current terms with a branch officer before publishing.
Requirements
- Duly completed Account Opening Form
- Valid National Identification Number (NIN)
- Valid means of identification
- Recent utility bill (electricity, water, or rent receipt)
Ready to Apply?
Speak with an account officer at any First Royal Microfinance Bank branch to review current Fixed Deposit rates and tenor options for your savings goal.
Ask About Fixed Deposit