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Nairaland Forum / Nairaland / General / Investment / 3 Million Naira Investment 4 7% Interest On Fixed Deposit (2473 Views)
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3 Million Naira Investment 4 7% Interest On Fixed Deposit by Negro1986(m): 2:57pm On Jul 24, 2015 |
Please guys help me out in this little dilemma that am having right now. I have 3 million naira in my savings account that is idle for now but I want to invest it by putting it into fixed deposit till my business picks up after d raining season. I met my banker in one of the commercial banks that am using and I told the person that I want to fix the money for a period of 3 months so that by November I will pull d money and continue my business, he told me that the interest is 7% of my 3 million. However I am thinking that 7% is too small or is it a good business idea. Please if you know any commercial bank that can give me a higher percent interest rate then share with me, I would be very glad to know. Any other better suggestions for other banks are welcomed.. The bank I went to is first bank. Thanks |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by ernie4life(m): 3:04pm On Jul 24, 2015 |
Negro1986: We will give you 9% for three months, net( no withholding tax) |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by Negro1986(m): 5:01pm On Jul 24, 2015 |
ernie4life:Which company/ bank, and what and what is involved, please specify |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by ernie4life(m): 6:11pm On Jul 24, 2015 |
Negro1986: investment one financial services,(formerly GTB asset management) all you need is to open an account with us and transfer the money to our GTBank account. you can check www.investment-one.com |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by OCTAVO: 11:55pm On Jul 24, 2015 |
^^^^^^Hmmmmmmmm |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by freeman67: 12:10am On Jul 25, 2015 |
I believe Stanbic IBTC would offer offer 10% for it if you have an account there or... |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by Ty207: 7:10am On Jul 25, 2015 |
Negro1986:Is the 7% for 3months? |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by feelamong(m): 7:17am On Jul 25, 2015 |
Why not go and buy Treasury Bills. You can get as much as 10% pa there.... |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by Acme77: 8:15am On Jul 25, 2015 |
@op please accept feelamong opinion. |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by Negro1986(m): 2:45pm On Jul 25, 2015 |
Thank guys for your replies |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by olumyde5(m): 7:14am On Jul 27, 2015 |
ernie4life: I will like to put some funds in fix deposit too. Can I get a break down of the interest rate viz a viz the amount of cash fixed? |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by ernie4life(m): 8:35am On Jul 27, 2015 |
olumyde5: Send me a pm let's talk |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by cantiride2: 10:33am On Jul 27, 2015 |
Hello have you taught abt treasury bills. |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by sexaddict08(m): 1:45pm On Jul 27, 2015 |
olumyde5: be careful not to end up loosing the N3m.... don't go for the highest, go for what is credible. |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by lionshare: 1:59pm On Jul 27, 2015 |
ernie4life: You mean 9% per annum or quarterly? Please explain... |
Re: 3 Million Naira Investment 4 7% Interest On Fixed Deposit by ernie4life(m): 2:03pm On Jul 27, 2015 |
lionshare: Per annum of course |
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