Preferred Consolidated Fund

Preferred consolidated fund is a product developed specially to give individuals with lower capacity the opportunity to invest and build their portfolio in the money and capital market instruments through pooling of funds.

Invest now

Up to ₦100M

Credit Facility

Up to 12 Months

Flexible Tenure

Stable Returns

Secured Future

Key Features of Preferred Consolidated Fund

This product is designed to provide investors with a secure and reliable way to earn a fixed interest rate on their deposited funds over a specified period

Key Features

Initial investment of =N=100,000.00 minimum
Subsequent deposit of =N=50,000.00 made at any convenient
Investment is for a minimum of 270 days not to exceed one year
Total principal invested guaranteed

Benefits

1. Allows for investment opportunities to small time investors
2. Create an avenue for constant income generation
3. The product is created for risk averters

Preferred Finance Company Limited

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Frequently asked questions

What is a Preferred Finance Fixed Deposit?

Preferred Finance Fixed Deposit is a secure investment option where you deposit a lump sum of money for a fixed tenure and earn a predetermined interest rate. This rate remains constant throughout the investment period, providing guaranteed returns.

How do I open a Fixed Deposit account with Preferred Finance?

To open a Fixed Deposit account, you can visit our nearest branch or apply online through our website. You will need to provide necessary identification documents and complete the application form.

What is the minimum and maximum amount required to open a Fixed Deposit?

The minimum amount required to open a Fixed Deposit is ₦50,000.00 for individual and ₦2,000,000.00 for companies. There is typically no maximum limit, but larger deposits may be subject to additional verification and compliance checks.

Can I withdraw my Fixed Deposit before the maturity date?

Yes, you can withdraw your Fixed Deposit before the maturity date, but it may incur a penalty or reduced interest rate as per our premature withdrawal policy. It is advisable to check the specific terms before opting for early withdrawal.