| Fixed
Term Deposit account is one of the investment accounts offered by CRDB
Bank. This account enables you to earn high interest rates on your
money deposited at a fixed period of time.
FEATURES
- Interest bearing account
- Renewable on expiry
- Fixed deposit receipt is issued
- Minimum balance Tshs.100,000 for both
individuals and Companies
- Has specific time duration (You can
deposit your money for a minimum of 3 months).
BENEFITS
- You are offered an attractive interest
rate.
- You can use this account as collateral
against a loan/overdraft.
- Your money is secure
- Flexible Investment.
HOW TO OPEN FIXED TERM DEPOSIT ACCOUNT
INDIVIDUAL
- Two passport size photographs
- Minimum balance.
- Letter from employer and identity card
or,
- Introduction from an existing CRDB Bank
customer or,
- Introduction from a recognized authority
e.g. Government official, a Co-operative Society etc.
COMPANIES
- Certificate of Incorporation (Original
against a photocopy for verification).
- Memorandum and Articles of Association.
- Valid Business License (Original against
a photocopy for verification).
- Board resolution with a company
seal.
- Passport size photographs for
signatories
- Minimum Balance
- List of Board of Directors.
For more Information please contact your
nearest CRDB Bank branch.
|