Fixed Term Account (CFTA)

This is specially designed for high net worth individuals such as Chief Executive Officers, Captains of Industries and Top Managers a swell as Corporate Entities, who have excess funds they wish to invest. It is a fixed tenured investment that offers competitive interest rates in line with money market rates and determined by the tenor and volume of customers’ investment with the company.
The Investment period ranges from 120 to 365 days and the returns on investments are graduated incrementally as the amounts Invested and the Investment periods increase.

Product Features

  • Negotiable returns on investment depending on the tenor and amount invested.
  • Minimum investment is N50,000 (Fifty thousand naira only) and the minimum tenor is 120 days.
  • Highly attractive returns on investment between 16% – 17.5% per annum or more.
  • Withdrawals or termination of investment before maturity shall attract a charge of an amount not exceeding 20% of the total interest earned on such investment.
  • The account could be used as collateral to obtain a loan from Crownrise Finance Plc. at reasonable rate.
  • All investors are entitled to statements to view their investments at their own convenience.
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