Keeping a keen eye on the future and taking action to protect it is a great way to achieve your medium to longer-term financial goals. It could be building a nest egg for retirement or a targeted investment for Junior's education.
A short term investment at an agreed/fixed rate with a tenor of between 30-90 days. We offer competitive interest rates on this short – term money market product for customers who would want to save towards future projects.
Liquidation before maturity attracts a penalty charge of 20% of accrued interest or ₦2,000 (whichever is higher)
Accrued interest is subject to 10% withholding tax upon maturity
This is a short term investment with no maturity period. It is flexible in that it allows the customer access to his funds anytime he needs them. Idle funds can be placed on overnight call, 7-day call or 14-day call.