Fixed Deposit Account

A flexible investment account that allows you to invest a lump sum over a shorter period at a fixed interest rate.

Features

  • Competitive interest rates
  • Account can be pledged as security
  • You select how long you want the investment to run
  • You can choose to retire your funds at the end of the investment period or roll them over into another    

To open a Zanaco fixed deposit account you will need

  • An initial deposit of K 1 million

And if you don’t already have a Zanaco account

  • Two completed reference forms
  • Two passport-size photos
  • A copy of your NRC or passport
  • Proof of residence, for example a utility bill