In this type of investment the rate of return on investments is guaranteed to customers for specific investmentperiods.

• Minimum investment of N100,000.00 each
• Short to Medium-term investment period: 30 – 360 day tenures
• Full/Part Liquidation permitted before maturity with no penalty
• Rollover at maturity also permitted
• Additional investment acceptable during existing tenure
• At the instance of the customer, third party cheques can be issued
• Rates are negotiable based on volume
   

Current Rates
Rates are negotiable, depending on the amount and tenor.

- What minimum amount may be invested in the Fund?  

The minimum amount is N100,000 (One Hundred Thousand Naira).

- What is the period/tenor of investment?

The investment is booked for a period of 90 days and is subject to rollover at maturity.

 

- How do I get my returns on investment?

Returns can either be paid into the customer’s account or a cheque issued OR Returns can also be capitalized with the principal amount at maturity depending on the customer’s mandate
 

- Can the investment be used as collateral for a loan or facility?

Yes. The investment can be pledged as collateral for a facility from the bank.

- What are the applicable rates of return?

Rates are negotiable, depending on the amount and tenor