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Results On Comparing Fixed Deposit Interest Rates Between First Bank And Gtbank / Zenith Bank: Fixed Deposit Account / Interest Rate On Fixed Deposit Accounts In Nigeria (2) (3) (4)
Zenith Bank Fixed Deposit Interest Rate by tinkinfela(m): 1:47am On Apr 19, 2013 |
I wrote Zenith bank to ask about their fixed deposit interest rate and got this response. Fixed deposit rates: TENOR AMOUNT RATE PER ANNUM 30DAYS 1M 4% 60DAYS 1M 4% 90DAYS 1M 3.25% Someone please confirm if this is standard rate or there are far better rate elsewhere or maybe I should try to negotiate for more? |
Re: Zenith Bank Fixed Deposit Interest Rate by Seun(m): 1:57am On Apr 19, 2013 |
Fixed deposit accounts are a waste of your time. Treasury Bills have better rates and are also less risky. https://www.nairaland.com/878880/treasury-bills-nigeria 3 Likes 1 Share |
Re: Zenith Bank Fixed Deposit Interest Rate by gunuvi(m): 2:42am On Apr 19, 2013 |
Seun: Fixed deposit accounts are a waste of your time.Yea, I don't do fixed deposit again, treasury bills all the way. |
Re: Zenith Bank Fixed Deposit Interest Rate by Elai147: 10:11am On Apr 19, 2013 |
You better cancel fixed deposit from your thought and embrace Treasury Bills. Keystone bank gives 8.5% for 3 months F/D but it is still no where close to T-Bills. 2 Likes |
Re: Zenith Bank Fixed Deposit Interest Rate by buJu234: 3:30pm On Apr 19, 2013 |
the banks will take ur money that u put in Fixed deposits account and go invest it in treasury bills make some profits and give u the balance after deduction their bank charges. so why nt u put it in to Treasury bills ur self and get bigger profits 2 Likes 2 Shares |
Re: Zenith Bank Fixed Deposit Interest Rate by tinkinfela(m): 11:33am On Apr 20, 2013 |
Brilliant tips! How does this treasury bills thing work? How do I go about putting my money into it? 1 Like 1 Share |
Re: Zenith Bank Fixed Deposit Interest Rate by KingPradas(m): 9:15pm On Apr 22, 2013 |
Seun: Fixed deposit accounts are a waste of your time. Oga Suen, how can one buy treasury bills |
Re: Zenith Bank Fixed Deposit Interest Rate by Seun(m): 10:11pm On Apr 22, 2013 |
KingPradas: Oga Suen, how can one buy treasury billsYou can buy them from your bank. |
Re: Zenith Bank Fixed Deposit Interest Rate by Contumely: 9:22pm On Apr 25, 2013 |
Seun: Fixed deposit accounts are a waste of your time.Can one buy with 50k? |
Re: Zenith Bank Fixed Deposit Interest Rate by Seun(m): 9:26pm On Apr 25, 2013 |
Contumely: Can one buy with 50k?No, but you can buy FGN bonds with 50k or even 10k. |
Re: Zenith Bank Fixed Deposit Interest Rate by Contumely: 10:56pm On Apr 25, 2013 |
Seun: No, but you can buy FGN bonds with 50k or even 10k.thanks, please how do i go about it as i need to do that asap. Any special advice or something one should be warry of? Thanks. |
Re: Zenith Bank Fixed Deposit Interest Rate by Seun(m): 11:06pm On Apr 25, 2013 |
Contumely:Contact your bank. They'll give you a form to fill. |
Re: Zenith Bank Fixed Deposit Interest Rate by Contumely: 11:27pm On Apr 25, 2013 |
Seun: Contact your bank. They'll give you a form to fill.I appreciate this. like i asked earlier, anything to be afraid of and where can i read more about this as google results don't seem enlightening enough? |
Re: Zenith Bank Fixed Deposit Interest Rate by Elai147: 11:22am On Apr 27, 2013 |
Contumely: Check the following threads: https://www.nairaland.com/768325/what-bonds-how-invest-nigerian https://www.nairaland.com/1167218/how-invest-federal-government-bonds |
Re: Zenith Bank Fixed Deposit Interest Rate by sammiewayo(m): 7:20pm On Apr 27, 2013 |
dude, visit FBN or FCMB update accordingly thanks |
Re: Zenith Bank Fixed Deposit Interest Rate by sammiewayo(m): 7:23pm On Apr 27, 2013 |
hi, the CBN published monthly MPR normally serves as a guide research details ASAP |
Re: Zenith Bank Fixed Deposit Interest Rate by Contumely: 5:59am On Apr 28, 2013 |
Elai147:Thanks |
Re: Zenith Bank Fixed Deposit Interest Rate by ogaontop(m): 10:00am On Aug 03, 2013 |
buJu-234:YOU ARE SERIOUSLY ON POINT |
Re: Zenith Bank Fixed Deposit Interest Rate by figment232(m): 7:35am On Oct 10, 2013 |
Pls a laymans view of dis T/B biz .if i invest N1M hw much do i get in a month? |
Re: Zenith Bank Fixed Deposit Interest Rate by FINMGR: 12:36pm On Oct 10, 2013 |
i can give you 10% for N1million for 360 days and for N5million i can give you 15% for 360 days. PM me for details |
Re: Zenith Bank Fixed Deposit Interest Rate by miitcash(m): 12:06am On Oct 13, 2013 |
can one begin TB with 100k. nd which banlk for a start. |
Re: Zenith Bank Fixed Deposit Interest Rate by Elai147: 8:39am On Oct 13, 2013 |
miitcash: can one begin TB with 100k. nd which banlk for a start. Yes, First bank will accept 100K. |
Re: Zenith Bank Fixed Deposit Interest Rate by Nobody: 10:43pm On Oct 14, 2013 |
Any Risk on T/B? My bank offer me 8.5% on Fix deposit .Does that means T/B will offer more? |
Re: Zenith Bank Fixed Deposit Interest Rate by ihedioramma: 8:20am On Oct 15, 2013 |
Elai147:my man what will be the profit after a month or e.t.c for 100k? |
Re: Zenith Bank Fixed Deposit Interest Rate by ihedioramma: 8:29am On Oct 15, 2013 |
Elai147:my man what are the risk and how do i play well in tb? |
Re: Zenith Bank Fixed Deposit Interest Rate by Elai147: 4:22pm On Oct 15, 2013 |
ihedioramma: my man what will be the profit after a month or e.t.c for 100k? The rates are not fixed and are determined by CBN on every auction. Recently the rates have been between 10% - 11% per annum. For 100k at 10%, the interest will be N2,500 per quarter (3 months). The higher the capital, the better. ihedioramma: my man what are the risk and how do i play well in tb? There is zero percent risk on treasury bills because they are backed by the Federal government and CBN. There is a thread for T-bills by oga feelamong. Follow the thread for better understanding. |
Re: Zenith Bank Fixed Deposit Interest Rate by dbucas: 11:30am On Oct 16, 2013 |
Bank managers see people that partakes in fixed deposit as fools. When you fixed your money in banks, what they do is to invest it most especially in forex trading and make fortunes out of it, giving you u only 4% of your money at the end of the year, whereas they have made more than 200% of that money within a year, IMAGINE. call me on 08036812455 to learn how professionals trade the forex market. |
Re: Zenith Bank Fixed Deposit Interest Rate by Ureeee(f): 5:21am On Apr 20, 2015 |
Fixed deposits are great, the onus lies in finding out the banks that offer the best rates. Research has shown me that investment houses offer better rates than banks, so when next you are in the bank that has an investment subsidiary like UBA Capital in UBA or FBC in First Bank, ask to see the investment team and get clarification, most of these front desk officers lack product awareness |
Re: Zenith Bank Fixed Deposit Interest Rate by ultrazone(m): 9:13am On Apr 20, 2015 |
gkgkg 1 Like |
Re: Zenith Bank Fixed Deposit Interest Rate by ednut1(m): 5:48pm On Apr 20, 2015 |
money market mutual funds can give u 13% for 30 days. stanbic asset mgt, arm nd fbn capital are d major players. the money market fund is invested in TBills, fixed deposits and commercial paper, d get beta rates cos of the volume in d fund. Stanbic has 35b, fbn about 25, arm about 6 billion. so dont dull my brother. rates are net of fees |
Re: Zenith Bank Fixed Deposit Interest Rate by Nobody: 7:17pm On Apr 20, 2015 |
dbucas: What is the risk level in fixed deposit sand what is the risk lev in fx trading |
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