Stanbic IBTC Bank Fixed Deposit Interest Rate In Nigeria

Stanbic IBTC Bank Fixed Deposit Interest Rate In Nigeria - Fixed Deposit Account Interest For 30, 60, 90, 180 Days In 2017 - You can inquire about their interest rate in 2018, 2019, 2020, 2021.




Today, I spoke with a Stanbic IBTC bank customer care staff to inquire about fixed deposit account and interest rate offering. Stanbic IBTC seems to also have one of the best competitive rates on tenors plus an additional interest of 4.2% if you own a savings account and withdraw less than 3 times in a month.

See - Access Bank Fixed Deposit & Interest Rate

See - GTBank Fixed Deposit & Interest Rate

See - First Bank Fixed Deposit & Interest Rate

Fixed deposit account and interest rate offer from Stanbic IBTC bank.


Please be informed that you will be required to open an account with us to enable you to complete your Fixed deposit investment.

Kindly find the requirements for opening an Individual Savings account as requested.

OPENING REQUIREMENTS FOR INDIVIDUAL SAVINGS ACCOUNT
  • Duly completed account opening form.
  • Two specimen signature cards
  • Two clear passport size photographs
  • Valid Means of Identification (any of Driver’s License, Nigerian International Passport, Voter’s card or National Identification card)
  • Copy of your recent utility Bill (any of Electricity bill, Water Rate bill, Telephone bill or Waste Management bill)
  • Valid Resident or Work permits (applicable to non-Nigerian)
FEATURES & BENEFIT OF INDIVIDUAL SAVINGS ACCOUNT
  • Minimum Opening Balance is N2000.00 (Two Thousand Naira Only)
  • Minimum Daily Credit Balance of N500.00 (Five Hundred Naira Only)
  • Attracts Monthly Interest of 4.2%
  • The maximum number of withdrawals in a month is three or interest will be forfeited.
Stanbic IBTC Bank Fixed Deposit Interest Rate 

If you investing N100k - N1m, here are the standard interest on each tenor

30 Days - 8.25%
60 Days - 8.5%
90 Days - 8.75%
180 Days -12.25%

For investment above N1m, here is potential return you should be looking at:

30 Days - 8.75%
60 Days - 9%
90 Days - 9.25%
180 Days -12.75%

Please note that the interest rate presented here are not fixed, it changes from time to time - you are advised to visit the nearest branch of Stanbic IBTC to inquire about fixed deposit investment.

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