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Interest rates are tiered: longer term or larger deposit often attract higher rates. Bank
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The account may allow you to use the deposit as collateral for loans or overdrafts.
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Minimum opening deposit of UGX 10,000 may apply.
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Early withdrawal or pre-maturity access may be restricted or come with reduced interest or penalties.
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Terms Tenure: Often 12, 24 or 36 months.
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Interest Rates: 12 months: 9.00% p.a. 24 months: 9.50% p.a. 36 months: 9.75% p.a.
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Can you borrow against the deposit.
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Valid identity document (Passport/ National Identity Card)
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Passport size photographs
Requirements
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