Fixed-term deposit

Eligibility and documents

Who this is for

Eligible members or approved organisations with funds they do not expect to use during the chosen term.

Eligibility

Eligible members or approved organisations with funds they do not expect to use during the chosen term.

What to prepare

Existing or new eligible account, identity and ownership checks, source-of-funds information as required, and maturity-payment instructions.

Product conditions

Required deposits or contributions

Not specified in this catalogue. Ask the SACCO for the current written terms before deciding.

Withdrawal conditions and timing

Not specified in this catalogue. Ask the SACCO for the current written terms before deciding.

Product information

Set aside money for an agreed period when you do not expect to need it for everyday expenses. Compare the deposit term, return calculation and payment dates before deciding. Your D-SACCO’s offer will explain what happens at maturity, whether renewal is automatic and the consequences of requesting early access. Choose a term that fits your plans rather than relying only on the highest advertised rate.

Uses

A planned future purchase, business reserves for later expansion, or a household amount kept separate from everyday spending.

Catalogue publication

The dates shown define the catalogue publication period. They do not establish the validity period of a financial rate, tariff or contract.

Can I add more money later?

Only if that particular term product allows top-ups; otherwise a new placement may have different terms.

What happens when the term ends?

Your approved maturity instructions govern repayment or renewal. The next term may carry a different rate.

Tariff and charges

Catalogue cost disclosure

Numeric charges are not specified in this catalogue; no zero-cost claim is made.

Charge scope

This catalogue does not state a complete charge schedule. An empty list does not mean there are no charges.

Tax treatment

The catalogue does not specify taxes applicable to charges.

Calculation and assumptions

The catalogue does not specify a calculation method or total repayment amount. It does not provide a loan offer.

Next step

Process

Request current terms; choose an eligible amount and period; approve maturity instructions; retain the deposit confirmation; review renewal before the due date.

Next step

Request current terms; choose an eligible amount and period; approve maturity instructions; retain the deposit confirmation; review renewal before the due date.

Continue to an application form for this product. Receipt is confirmed only after the receiving service accepts your submitted request. A received request does not admit membership, open an account or approve a loan.

These contact options let you ask this D-SACCO about the product. Opening them does not submit an application or confirm receipt of a message.