HFC Fixed Deposit Account

This is a short-term money market investment instrument. The interest rate on the account is fixed at the time of investment depending on the investment options; the amount is paid on maturity together with the interest.


  • Tenor varies from 30 to 1 year
  • Short-term investment
  • Initial deposit of GHC 1,000
  • Penalty to premature liquidation

Benefits to Customer

  • Attractive interest rate
  • Instant access to money when needed
  • Can be used as collateral for loan facility
  • Interest payable either upfront or back end of maturity