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Deposits is free of charge. Normal savings attract an interest so long as the amount deposited has stayed for a period of over one month. An account holder can withdraw his/her savings at any time when he/she needs it. Withdrawal attract a small withdrawal charge
This account is for those who do not use the money immediately. It runs for a minimum period of six (6) months and maximum period of twelve (12) months. The account remains un accessed (no deposit and with drawls until maturity period, minimum deposit is SSP100,000. Interest on fixed deposit account for six (6) months period is 5.5% per Annum and for twelve (12) months’ period is 8% per annum