TERM DEPOSITS

EFC Term Deposit is a simple way to earn superior financial returns for savers and investors with a long-term investment horizon. Call your nearest branch to get more information. Term Deposit Account pays out competitive interest rate to savers and investors looking for superior financial returns.

BENEFITS

TERMS

  • No charges or administration fees. 
  • Flexible terms – we offer guaranteed rates of return, from one month to two years.
  • An effective alternative for long term investments for both individuals and corporates.
  • Fixed interest rates – a guaranteed return for the length of your deposit.
  • No maximum balance – there are no upper limits on how much you can hold on deposit.

  • No charges or administration fees.
  • Fixed interest rates – a guaranteed return for the length of your deposit.
  • No maximum balance – there are no upper limits on how much you can hold on deposit.
  • Flexible terms – we offer guaranteed rates of return, from one month to two years.
  • An effective alternative for long term investments for both individuals and corporates.
  • The minimum duration is one month.
  • The minimum balance is K2,000.

 

At maturity, you can choose to transfer the interest earned and capital back to savings account or you can roll over the capital and / interest into a new investment at a new market rate.