Fixed Deposit Account
This is a high interest bearing investment instrument specially offered to our SME clients. There is no need to open an account.
CalBank Fixed Deposit is a safe and flexible form of investment with maturity period of three (3), six (6) and twelve (12) months. Withdrawals can be made before maturity but it will attract a discount rate. Other details are:
- Maturity profile and amount of investment determines the interest rates.
- Notice is needed for disinvestment before maturity.
- The investment can be used as security for a loan.
- Competitive and negotiable interests for funds above certain limit.
Both corporate accountholders and non-accountholders
The initial amount to start the investment is GHS5,000.00.