We are excited to introduce our new Fixed Deposit (FD) product, designed to help you achieve your financial goals with ease and security.
Here’s everything you need to know:
What is a Fixed Deposit?
A Fixed Deposit is a savings instrument where you can deposit a lump sum of money for a specified tenure at a fixed interest rate. It’s one of the safest investment options, providing you with guaranteed returns.
Key Features
- Attractive Interest Rates: Earn higher interest compared to regular savings accounts.
- Flexible Tenures: Choose from a range of tenure options, from 3 to 12 months.
- Safety and Security: Your investment is safe with us, providing you with peace of mind.
- Easy Renewal: Hassle-free renewal on maturity.
- Charges: No monthly charges attached to fixed deposit account.
- Minimum Amount: The minimum amount a member can fix is shs 500,000/=
Benefits of Choosing Our Fixed Deposit
- Guaranteed Returns: Know exactly how much you will earn at the end of the tenure.
- Tax Benefits: Enjoy tax exemptions on interest earned as per prevailing tax laws.
- Compounding Benefits: Interest is compounded quarterly to maximize your returns.
- Encourages Savings Discipline: Forced Savings helps inculcate a disciplined savings
habit by locking in your funds for a specific period.
How to Open a Fixed Deposit
- Fill Out the Application Form: Collect the Fixed Deposit application form from the representative. Carefully fill out all required details, including your personal information,
chosen tenure, deposit amount, and source of funds. - Submit the Application Form and Documents: Submit the completed application form
along with the required documents to the staff or scan the form and submit via email. - Fund Your Fixed Deposit: Make the payment for the deposit amount. You can do this via Cash, Cheque, Bank Transfer of Flexipay.
- Acknowledgment Receipt: Receive an acknowledgment receipt from the representative,
confirming the submission of your application and payment. - FD Certificate: Once your application is approved, you will receive an FD certificate
either via mail or in person at the branch. This certificate confirms your investment
details. - Account Name: Agridept Coop. Savings and Credit
Why Choose Us?
- Trust and Reliability: We have a proven track record of financial stability and customer trust.
- Customer Support: Our dedicated support team is here to assist you at every step.
- Competitive Rates: We offer some of the best interest rates in the market.
Ready to Get Started?
Take the first step towards securing your financial future. Open a Fixed Deposit Account with us
today and enjoy the benefits of a safe and rewarding investment.
For more information, please contact our support team on +256 760 868208 or +256 709 764710