Fixed Deposit Plus

Description

This product designed for individuals and institutions whereby a fixed amount is locked for a specified period of time.

Features

  • A minimum deposit of GHS500.00
  • A fixed investment period of 3 months and over
  • Varying interest rates for the amount and period placed
  • Disinvestment is not allowed

Requirements

  • Applicant must complete ARB’s Fixed deposit application form.
  • He/she must submit a valid National identification card (Voters ID, National ID, Passport or Driver’s licence)

Benefits

  • Wealth accumulation
  • Can be used to secure a loan facility or overdraft
  • Wealth creation