Fixed Deposit
Account
Grow your wealth with guaranteed returns. Secure your future with our Fixed Deposit Account and enjoy higher interest rates and the peace of mind that comes with safe, long-term savings.
High Returns
Guaranteed Rate
NDIC Insured
Returns
Guaranteed
fixed rate
Min. Deposit
₦50,000
to open
Tenure
30–365
days
Account Benefits
Secure, predictable, and rewarding everything a smart investor needs.
Higher Interest Rates
Earn significantly higher returns than a regular savings account fixed deposit rates are among the best available.
Guaranteed Returns
Your interest rate is locked in at the time of deposit no market fluctuations affect your earnings.
NDIC Insured
Your deposits are fully insured by the Nigeria Deposit Insurance Corporation up to ₦5 million.
Flexible Tenures
Choose a tenure that works for you from 30 days to 12 months or more, based on your financial goals.
Auto-Renewal Option
Set your fixed deposit to auto-renew at maturity so your money keeps working without interruption.
Loan Collateral
Use your fixed deposit as collateral to access loans without breaking your investment.
Start Earning in 3 Simple Steps
Opening a Fixed Deposit Account is quick and straightforward with our team guiding you.
Open or Use Existing Account
You need an active Regent MFB savings or current account to open a fixed deposit.
Choose Your Amount & Tenure
Decide how much to deposit (min. ₦50,000) and select your preferred tenure (30–365 days).
Earn Guaranteed Returns
Your interest rate is locked in. At maturity, principal and interest are credited to your account.
What You Need
Valid Means of Identification
Driver's License, International Passport, Voter's Card, or National ID/NIN Slip.
Passport Photograph
A recent clear passport photograph.
Proof of Residence
Utility bill not older than 3 months showing your current address.
BVN
Your Bank Verification Number (BVN) is required for account opening.
Minimum Deposit
A minimum deposit of ₦50,000 is required to open a Fixed Deposit Account.
Existing Regent MFB Account
You must have an active savings or current account with Regent MFB to open a fixed deposit.