Fixed Deposit Investment for your Preferred lifestyle

This is a money market product that will provide a guaranteed yield at NTB + an agreed margin. It is a high yield investment product and is suited for those investors that are seeking guaranteed returns and very low risk on their investment.

Invest now

Up to ₦100M

Credit Facility

Up to 12 Months

Flexible Tenure

Stable Returns

Secured Future

Key Features of Fixed Deposit Investment for your Preferred lifestyle

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

The minimum amount to be deposited by each investor is N100,000.00
The duration ranges from 91,180,270 to one-year (365) days and above
On maturity of the investment, the principal and the accrued interest will be rolled over for another tenure except otherwise instructed by the client
This fund will be invested in other money market instrument with a higher rate of return, fixed income securities including debt instruments

Benefits

1. Returns on investment is higher than that on average investment
2. The benefit is not subjected to any charges
3. The structure is flexible with variable durations

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.