Zenith Bank Fixed Deposit

Fixed Deposit

A short term investment at an agreed/fixed rate with a tenor of between 30-90 days. We offer competitive interest rates on this short – term money market product for customers who would want to save towards future projects.

  • Minimum deposit of ₦100,000.00
  • Earns higher interest than a savings account
  • Liquidation before maturity attracts a penalty charge of 20% of accrued interest or ₦2,000 (whichever is higher)
  • Accrued interest is subject to 10% withholding tax upon maturity