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Nairaland Forum / Nairaland / General / Business / United Bank For Africa (UBA) Fixed Deposit Rate 2016 (7563 Views)
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United Bank For Africa (UBA) Fixed Deposit Rate 2016 by anisalome(m): 10:17pm On Jul 11, 2016 |
United Bank for Africa (UBA) Fixed Deposit Rate United Bank for Africa (UBA) Fixed deposit starts from N100,000. and runs for a minimum of 30 days and maximum of 90 days. United Bank for Africa (UBA) Fixed deposit starts from N100,000 to N9,999,999 is 3.0% for a month. This means if I want to fix N1,000,000 for a month. The interest return on investment would be N1, 002,465.75 Profit would be N2,465.75. United Bank for Africa (UBA) Fixed deposit starts from N10,000,000 to N49,999,999 is 3.25% for a month This means if I fix N10,000,000 for a month, The interest return on investment would be N10,026,712.33. Profit would be N26,712.33. United Bank for Africa (UBA) Fixed deposit starts from N50,000,000 to N99,999,999 is 3.5% for a month This means if I fix N50,000,000 for a month, The interest return on investment would be N50,143,835.62. Profit would be N143,835.62. Please note that there is a withholding tax (WHT) of 10% on the interest earned on fixed deposit. For more information go to source http://www.talkasset.com/united-bank-for-africa-uba-fixed-deposit-rate-2016/ 1 Like |
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