Fixed Deposits in Nigeria

Making you money on interest rates

Fixed Deposits in Nigeria

Institution Interest rate Minimum amount Minimum Tenor
9.50% ₦100,000 1 Month
11.50% ₦250,000 6 Months
12.62% ₦1,000,000 1 Month
12.04% ₦10,000,000 1 Month
8.02% ₦100,000 1 month
9.00% ₦100,000 3 Months
8.21% ₦100,000 1 Month
9.86% ₦10,000 1 Month
7.26% ₦100,000 1 Month
12.00% ₦100,000 1 Month
13.88% ₦100,000 1 Month
12.72% ₦200,000 1 Month
12.80% ₦500,000 1 Month
7.67% ₦50,000 1 Month
10.17% ₦100,000 1 Month
12.28% ₦100,000 1 Month
12.37% ₦100,000 1 Month
16.00% ₦100,000 1 Month
8.57% ₦100,000 1 Month
These are the interest rates banks pay on their fixed deposit products. We endeavor to provide the latest rates, as soon as they are available.

Fixed deposits in Nigeria is a type of savings account which lasts for a set period of time. It earns you a higher rate of interest for setting aside your savings for a longer period of time.