First Bank Fixed Deposit Interest Rate In Nigeria

First Bank Fixed Deposit Interest Rate In Nigeria For 30, 60, 90 & 180 Days In 2017 - Contact First Bank Customer Support For 2018, 2019, 2020, 2021, & 2022 Rates.


First Bank is one of the oldest banks in Nigeria known for her continuous financial product innovations and excellent customer service since 1894, a strategy that has paid off and made it remain relevant in the Nigerian banking sector.

The bank offers consumer retail and corporate savings account products. Aside from the usual savings account that allows you to keep your idle cash, you can take advantage of fixed deposit account investment and earn competitive rates, depending on the amount and tenor. Besides, as at when we compared selected banks' interest rates on their fixed deposit account, First Bank offers one of the highest return amount fixed for 60-180 days.

Just like we have mentioned in Access Bank Fixed Deposit Interest Rates, and GTBank Fixed Deposit, First Bank also requires a minimum amount of N100,000 before they can process your request for a tenured-fixed deposit account and if you are an existing account holder, all you need to get started is to send a letter authorising the bank to deduct an amount from your savings or current account to a fixed deposit.

Here are local currency fixed deposit rate guide from First Bank

First Bank Fixed Deposit Interest Rate On Call

N100,000 - N5,000,000 -            2%
N5,000,000 - N20,000 -              2.5%
N20,000,000 - N50,000,000 -     3%
N50,000 - N100,000,000 -          3.5%
N100,000,000 - N200,000,000 - 4%
N200,000,000 - N1b -                 4.25%
Above N1b -                                4.5%

First Bank Fixed Deposit Interest Rate On 30 Days

N100,000 - N5,000,000 -            5%
N5,000,000 - N20,000 -              6%
N20,000,000 - N50,000,000 -     6.5%
N50,000 - N100,000,000 -          7%
N100,000,000 - N200,000,000 - 8%
N200,000,000 - N1b -                 9%
Above N1b -                                9.5%

First Bank Fixed Deposit Interest Rate On 60 Days

N100,000 - N5,000,000 -            6%
N5,000,000 - N20,000 -              7%
N20,000,000 - N50,000,000 -     7.25%
N50,000 - N100,000,000 -          7.5%
N100,000,000 - N200,000,000 - 9%
N200,000,000 - N1b -                 10%
Above N1b -                                10.5%

First Bank Fixed Deposit Interest Rate On 90 Days

N100,000 - N5,000,000 -            6.5%
N5,000,000 - N20,000 -              7.5%
N20,000,000 - N50,000,000 -     8%
N50,000 - N100,000,000 -          9%
N100,000,000 - N200,000,000 - 10%
N200,000,000 - N1b -                 11%
Above N1b -                                11.5%

First Bank Fixed Deposit Interest Rate On 180 Days

N100,000 - N5,000,000 -            8%
N5,000,000 - N20,000 -              9%
N20,000,000 - N50,000,000 -     9.5%
N50,000 - N100,000,000 -          10%
N100,000,000 - N200,000,000 - 10.5%
N200,000,000 - N1b -                 11.25%
Above N1b -                                11.75%

First Bank Fixed Deposit Interest Rate On 365 Days

N100,000 - N5,000,000 -            9%
N5,000,000 - N20,000 -              10%
N20,000,000 - N50,000,000 -     10.25%
N50,000 - N100,000,000 -          11%
N100,000,000 - N200,000,000 - 11.25%
N200,000,000 - N1b -                 11.5%
Above N1b -                                12%

The rate displayed here are the bank's local currency rate as at when we inquired from a staff, it is not the final rate as you may be charged differently, hence, we advised that you talk to your account officer for latest fixed deposit interest rates offers from First Bank.