Fixed Deposit Account
The Fixed Deposit Account is made for the individual or corporate customer who is looking to earn interest on money invested over a period of time. A minimum opening balance of N500,000 is required.
This account allows you to determine tenor of investment at an agreed interest rate. This is a certificate deposit account with flexible tenure.
Discover more about the CIT Fixed Deposit Account below:
» Certificate will be issued to investors.
» Minimum Tenor of 30 days.
» Interest on fund is 8% -13% per annum, subject to review.
» Can be used as collateral for loan.
» Minimum investment of N500,000
» Liquidation before maturity will attract a penalty of 20% on the accrued interest.