Njering Eleg / Fixed Term Deposit
Our Products
Njering Eleg/Fixed Term Deposit
FIXED TERM DEPOSITS: Condani / Njirin Eleg
TARGET Market: Individuals and businesses
Key Features
- Minimum balance of D25,000 for 90 days, 180 days or 1 year
- Restricted access to funds for the agreed period
- Roll-over option
- No maximum deposit limit.
- If investment is terminated before maturity, it will attract only 50% of accrued profit
Benefits
- High rate of profit
- Profits are calculated and paid on maturity.
- Investment can be pledged as collateral for loan / overdraft
