This product designed for individuals and institutions whereby a fixed amount is locked for a specified period of time.
- 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
- 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)
- Wealth accumulation
- Can be used to secure a loan facility or overdraft
- Wealth creation