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Fixed Deposit Accounts

Fixed Deposit Account

Contract account that allows customers to save a fixed sum of money for a fixed period of time. A customer chooses a period for which they want to save.

Features
  • Easy way to save money
  • It earns higher interest
  • Minimum account balanceis MWK20,000   

Account opening requirements: Valid passport or valid driver’s license or Malawi Electoral commission registration card with a letter from a recognized authority or a letter from an employer and employees ID. Proof of residence i.e water bill

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