12% On 1million: Please Advise

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Date: November 23, 2009, 05:45 AM
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Nairaland Forum  |  General | Welcome  |  Money (Moderators: FOD, naijacutee)  |  12% On 1million: Please Advise
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Author Topic: 12% On 1million: Please Advise  (Read 196 views)
sexibabes
12% On 1million: Please Advise
« on: August 18, 2009, 10:22 AM »

Dear NL
you guys are too much
please help me out, i deposited 1million last week with spring bank for 30days as fixed deposit and the certificate came out this morning and the interest at 12% is 8650, please is that false.I thought it will be 10k every month
can some1 help me with the calculation
God bless as you drop your lines
SMSguru (m)
Re: 12% On 1million: Please Advise
« #1 on: August 18, 2009, 11:17 AM »

Hi dude,

Why on earth should you even deposit such amount in a bank on fixed deposit only hoping to get measly N10,000 at the end of the month?

Meanwhile, I know quite well 12% of a million Naira should be more than N10,000 though I'm not good at Mathematics.

Call the police for them! Grin

On a more serious note, why not give me the money and I will be giving you 20% of it as interest every month? I have a Midas touch - anything I touch turns to money.
balila
Re: 12% On 1million: Please Advise
« #2 on: August 18, 2009, 02:55 PM »

To be frank with u,i have been looking for a loan of 1m naira.I promise after undertaking to pay 12.5% for the 10 next months amounting to 125,000 every month giving u a total of 1,250,000.Call me 08037876200
lagbaja (m)
Re: 12% On 1million: Please Advise
« #3 on: August 18, 2009, 03:11 PM »

@Balila, if you need a loan, go to the bank. how can you expect a toal stanger to give his money to you based on a mere promise of a fantastic interest. na today 
nkenta (m)
Re: 12% On 1million: Please Advise
« #4 on: August 18, 2009, 04:54 PM »

Hi Sexi babes,m

My name is Simeon , I run a logistics company called HM Chariots Oil and Gas- www.hmchariots.com, We are currently enlisting partners ( financial)  that would work with us in financing  LPOs  given toi us by viable organisations.

I do understand that there are a lot of uncertainties in the market and people are very careful with where and in what they put their investments in.

I can assure of an annual return of 20% , which will amount to 100,000 Monthly , then 1.2 Milion Anually. For every deal we get into I kindly request that we have legal documents to back it up.

Our Registered office is 457 Agege Motor Rd, Bolade Oshodi, Lagos State. My numbers are 08033584111 or 8780651.

I am available for any meeting as long as it is convenient for the both of us.

Cheers
me likey (m)
Re: 12% On 1million: Please Advise
« #5 on: August 19, 2009, 09:50 AM »


U need to talk to your account officer in that bank or at least an official who should clearify cos from my knowledge of fixed deposit and from my calculations, its only 1k less cos the 12% interest on 1million is for 365days and then multiplied by 30days and it comes to 9,863 so get clearance
however,its never really worth fixing money with this banks especially if its not a huge amount and even then why should your money be working for someone else?
t.okoro
Re: 12% On 1million: Please Advise
« #7 on: August 21, 2009, 09:34 AM »

Ecobank has a high yield investment note that pays 25% p.a.
There r so many benefits associatd wt ds note n u cn even use it as a collateral to obtain a loan 4rm them.also,u can collect your interest 4 4 mths in advance.
4 more enquiries cal 07035866823 or mail tony.okorodudu@yahoo.com
donsilas (m)
Re: 12% On 1million: Please Advise
« #8 on: August 21, 2009, 10:17 AM »

@ T.Okoro, u r a scammer. No bank will giv u 25% for N1million even if its for a tenure of 10 years.

Nairalanders are intelligent people who are educated. Go somewhere else.

If you claim to be an ECOBANK staff, why not display your official email address - SCAMMER Grin

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