Our Fixed Deposit Accounts allow our clients to invest larger amounts at fixed interest rates. All Zanaco account holders can apply for this service.
Features
Competitive interest rates
Account can be pledged as security
Customer selects tenor of maturity
Customer can either choose to mature the account or roll it over at maturity
Benefits
Free statement upon request
No maximum balance required
Interest may be paid out into another account
Treasury Bills are short term debt securities issued by the Central Bank on behalf of the Government. The bills mature over periods of 91, 182, 273 and 365 days. Applications can be made from our branches at a discount, with the principal and interest paid at maturity.
Features
Risk-free investment
Can be used as security/collateral when borrowing from financial institutions.
Who can apply?
All Zanaco account holders
Our team of experts is available to answer all your queries.