Looking to invest significant funds for a specific period at a fixed rate of interest? The dfcu Fixed Deposit Account offers you just that and more.

Save for the future, safely invest your funds, and earn high returns from your savings with the dfcu Fixed Deposit Account.

Features

  • The interest rate is fixed for the full period of your investment.
  • Varying maturity term periods to suit customer needs
  • Lump sum investment deposit account
  • Option to get your Interest monthly
  • Investment option available in different currencies of UGX & USD

Benefits

  • High returns due to computation of interest on daily balances
  • Competitive interest rate
  • Discounted borrowing rates should you use funds held as collateral (can be used to secure a loan and over drafts)
  • No transactional fee or monthly maintenance fees

Requirements

Partnerships & Sole Proprietorships

  • 2 passport photos for signatories
  • National ID or Passport for all authorized Signatories
  • Certified partnership deed (for partnerships)
  • Certified Certificate of registration
  • Trading License (with evidence of physical location)
  • Partners’ Resolution to open account
  • Certified statement of particulars.
  • Tax Identification Number (TIN) certificate

School

  • 2 passport photos for signatories
  • National ID or Passport for all authorized Signatories
  • Certificate of Registration/Trading license
  • TIN/ VAT Registration certificate and receipt
  • Minutes of the Executive Committee certified by the Ministry of Education and Sports / District Education Officer
  • Recommendation letter from the District Education Officer/ Ministry of Education and Sports

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