
Fixed Deposit Account
The Fixed deposit account is a withdrawable deposit account where depositors can place short term deposits for specified periods of time usually up to twelve months. The account targets members with large sums of money that they have put aside for investment and they are fairly certain of the period that they can commit the funds.
Account requirements & features
Minimum deposit of Ksh. 100,000
Earn interest rate of 10% per annum
One can not withdraw before 6 months