Term Deposit Account

Crane bank offers term deposits to suit your requirements. Your money can be fixed in UGX and US$. Our deposit provides you with the highest safety levels and earns the highest returns on your well-earned savings. Crane Bank believes your hard earned money should grow even when it is not being used.

Features:

  • Our Term Deposit allows you just that - deposits can be opened for periods ranging from 2 months to 2 years and above.
  • A term Deposit can be opened by Trusts, Partnerships, Sole Proprietors, Societies, Private / Public Limited companies and Individuals.
  • Easy Liquidity – Loans and overdraft facility
  • Fixed term deposits (minimum UGX 1,000,000) with maturity patterns tailored to cater to the needs of all our clients
  • Lucrative Interest Rates
    •
Interest rates w.e.f. 15th February, 2010
 
 
.
Uganda Shs.
US.Dollar
Saving Period
Interest (p.a)
Interest (p.a)
1 Month Deposit
3%
N/A
3 Months Deposit
6%
N/A
6 Months Deposit
8%
4%
1 Year Deposit
10%
5%
2 Year Deposit
12%
N/A
 

* Withholding tax of 15% p.a. will be charged on interest.

Requirements:

  • Proof of Identity – Passport / Driving License / Voter’s Identity Card.
  • Passport size photographs

For further information, call your nearest branch or contact us

Download an application form and submit it to your nearest branch.