Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,742,810 members, 6,506,443 topics. Date: Saturday, 25 September 2021 at 07:27 AM

Lapo Micro Finance Bank Fixed Deposit - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Lapo Micro Finance Bank Fixed Deposit (3296 Views)

Bank Fixed Deposit Income. / Interest Rate On First Bank Fixed Deposit / UBA FIXED DEPOSIT RATE (2) (3) (4)

(1) (Reply) (Go Down)

Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 1:58pm On Jan 09, 2020
Invest in Nigeria's largest micro finance bank with interest as high as 14% per annum.PM via watsapp on 0.9.0.3.8.0.2.6.7.8.2 for further enquires.

Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 2:45pm On Jan 15, 2020
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 2:52pm On Jan 15, 2020
Why invest in LAPOmfb ?

*Regulated by CBN
*Asset base of over 70billion naira
*Deposits are insured by NDIC
*Recorded net interest income of 24 billion naira and profit before tax of 5billion naira as at September 2019.
*Shareholders fund currently sits at over 19billion naira
*Assigned a BBB+ rating by Augusto and co and Global credit rating co.
*Adequate working capital plus liquidity ratio well above regulatory benchmark.

Minimum investment amount is 30,000

Re: Lapo Micro Finance Bank Fixed Deposit by RealityShot: 1:09am On Jan 18, 2020
fineguy11:
Why invest in LAPOmfb ?

*Regulated by CBN
*Asset base of over 70billion naira
*Deposits are insured by NDIC
*Recorded net interest income of 24 billion naira and profit before tax of 5billion naira as at September 2019.
*Shareholders fund currently sits at over 19billion naira
*Assigned a BBB+ rating by Augusto and co and Global credit rating co.
*Adequate working capital plus liquidity ratio well above regulatory benchmark.

Minimum investment amount is 30,000

What percentage will one get for 100k?

Can this be done at ANY branch nationwide?

What time do your offices close?
Re: Lapo Micro Finance Bank Fixed Deposit by Aladegba(m): 9:21pm On Jan 18, 2020
angry
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 11:00am On Jan 21, 2020
RealityShot:


What percentage will one get for 100k?

Can this be done at ANY branch nationwide?

What time do your offices close?
7% per annum..Yes it can be done nationwide.
Re: Lapo Micro Finance Bank Fixed Deposit by RealityShot: 5:42pm On Jan 22, 2020
fineguy11:
7% per annum..Yes it can be done nationwide.
what time does their office close daily?
In order words, can I go there by 4 pm or later?


What about upfront interest, is that possible on 500k?

Would like vist but don't know if I can go after work or Saturday...
Thank you
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 10:54pm On Jan 22, 2020
RealityShot:
what time does their office close daily?
In order words, can I go there by 4 pm or later?


What about upfront interest, is that possible on 500k?

Would like vist but don't know if I can go after work or Saturday...
Thank you
We close by 4pm.You can only access interest + capital at maturity..But if you insist on accessing your funds before maturity, you lose10% of accrued interest on your investment as at the time of withdrawal.
Re: Lapo Micro Finance Bank Fixed Deposit by RealityShot: 4:02am On Jan 23, 2020
fineguy11:
We close by 4pm.You can only access interest + capital at maturity..But if you insist on accessing your funds before maturity, you lose 10% of accrued interest on your investment as at the time of withdrawal.
OK great, at the bold part.

Please What rate will I expect for 500k?


Thank you


Cc: Emmanuelewumi... Sir please what do you think about depositing in this bank? Thank you for your help.
Re: Lapo Micro Finance Bank Fixed Deposit by emmanuelewumi(m): 4:06am On Jan 23, 2020
RealityShot:
OK great, at the bold part.

Please What rate will I expect for 500k?


Thank you


Cc: Emmanuelewumi... Sir please what do you think about depositing in this bank? Thank you for your help.


What is the rate being offered? What is the duration of your deposit? LAPO is among the biggest microfinance banks in Nigeria

Do your due diligence

1 Like

Re: Lapo Micro Finance Bank Fixed Deposit by RealityShot: 5:12am On Jan 23, 2020
emmanuelewumi:



What is the rate being offered? What is the duration of your deposit? LAPO is among the biggest microfinance banks in Nigeria

Do your due diligence
8.50% for 500k as shown below for 365 days

Bbb+ rating, summary: outlook stable as at September 2019

Am looking at their annual reports too..


But do you think bond fund will give a better return?
Thank you

Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 6:26am On Jan 23, 2020
RealityShot:
OK great, at the bold part.

Please What rate will I expect for 500k?


Thank you


Cc: Emmanuelewumi... Sir please what do you think about depositing in this bank? Thank you for your help.
500k gives you 42,500 for a year @8.5%...when you less WHT I.e 10% of interest earned 4250.Net interest earned is 38,250.
Re: Lapo Micro Finance Bank Fixed Deposit by RealityShot: 5:09pm On Jan 23, 2020
fineguy11:
500k gives you 42,500 for a year @8.5%...when you less WHT I.e 10% of interest earned 4250.Net interest earned is 38,250.
OK thank you Sir..
I couldn't make it to the office by 4 today.
I guess I will use lunchtime tomorrow.
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 6:31pm On Jan 23, 2020
RealityShot:
OK thank you Sir..
I couldn't make it to the office by 4 today.
I guess I will use lunchtime tomorrow.
its ok. Pm me via watsapp.
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 9:33am On Feb 14, 2020
Still on.
Re: Lapo Micro Finance Bank Fixed Deposit by akinonigbinde: 12:32pm On Feb 15, 2020
Can I have 15% per annum on 1million naira on fixed deposit paid upfront? If yes, then let's hit it on.
Re: Lapo Micro Finance Bank Fixed Deposit by BenGurion10: 4:44pm On Jul 14, 2020
I need a loan of 300k for 90 days
What's the interest rate and requirements?
Re: Lapo Micro Finance Bank Fixed Deposit by Gee64: 10:45pm On Jul 15, 2020
Can I keep 1m with lapo for 3 months and earn interest on it and also be allowed to withdraw total amount of fund plus interest after 3 months?
Re: Lapo Micro Finance Bank Fixed Deposit by fineguy11(m): 10:54am On Aug 09, 2020
Gee64:
Can I keep 1m with lapo for 3 months and earn interest on it and also be allowed to withdraw total amount of fund plus interest after 3 months?
Definately.You can even pull out your funds before maturity of tenor just that you will incure a 10% charge of your total interest as at the time of termination.
Re: Lapo Micro Finance Bank Fixed Deposit by Impactever(m): 12:42pm On Aug 09, 2020
akinonigbinde:
Can I have 15% per annum on 1million naira on fixed deposit paid upfront? If yes, then let's hit it on.



pls kindly come and invest your capital with our company at

Oxford green farm Investment, A subsidiary of Oxford Group International . ...we are Into Real Estate, Agriculture, Gold, Logistics , etc.


Note: you will be given a post-dated cheque immediately you invest. so with that , your withdrawal is guaranteed, zero risk ... you can visit your bank and make withdrawal on the due date of maturity without any delay.

9 months = Invested Capital + 35% interest (profit)

10 months = Invested capital + 40% interest (profit)

11 months = Invested capital + 45 % interest (profit)

12 months = Invested capital + 50% interest (profit)



contact me

08065759964 (WhatsApp)

Engr Emmanuel

1 Like

Re: Lapo Micro Finance Bank Fixed Deposit by Impactever(m): 12:44pm On Aug 09, 2020
RealityShot:
what time does their office close daily?
In order words, can I go there by 4 pm or later?


What about upfront interest, is that possible on 500k?

Would like vist but don't know if I can go after work or Saturday...
Thank you


pls kindly come and invest your capital with our company at
Oxford green farm Investment, A subsidiary of Oxford Group International . ...we are Into Real Estate, Agriculture, Gold, Logistics , etc.

Note: you will be given a post-dated cheque immediately you invest. so with that , your withdrawal is guaranteed, zero risk ... you can visit your bank and make withdrawal on the due date of maturity without any delay.

9 months = Invested Capital + 35% interest (profit)
10 months = Invested capital + 40% interest (profit)
11 months = Invested capital + 45 % interest (profit)
12 months = Invested capital + 50% interest (profit)

contact me

08065759964 (WhatsApp)
Engr Emmanuel
Re: Lapo Micro Finance Bank Fixed Deposit by fungirl89(m): 1:22pm On Aug 09, 2020
Impactever:



pls kindly come and invest your capital with our company at
Oxford green farm Investment, A subsidiary of Oxford Group International . ...we are Into Real Estate, Agriculture, Gold, Logistics , etc.

Note: you will be given a post-dated cheque immediately you invest. so with that , your withdrawal is guaranteed, zero risk ... you can visit your bank and make withdrawal on the due date of maturity without any delay.

9 months = Invested Capital + 35% interest (profit)
10 months = Invested capital + 40% interest (profit)
11 months = Invested capital + 45 % interest (profit)
12 months = Invested capital + 50% interest (profit)

contact me

08065759964 (WhatsApp)
Engr Emmanuel
How do I invest? Hope it's not like mmm
Re: Lapo Micro Finance Bank Fixed Deposit by Impactever(m): 3:43pm On Aug 09, 2020
fungirl89:

How do I invest? Hope it's not like mmm


Lolz , it is not an online investment.

it is a real life investment in Agriculture in pepper farming.

The minimum investment amount is 100k .... you can invest as much as 100M.

you will be issued a post-dated Bank cheque from day 1 which you will use and withdraw your capital+ profit at maturity date from the bank .


At such, your payment is guaranteed , zero risk .,

you will have to come in person to our office and invest .

our company, is Oxford green farm, a subsidiary of Oxford Group International, has offices in Lagos , Owerri, and Abuja.


our Lagos office address: is at House 9, B close, 113 Road, Gowon Estate, Egbeda Lagos.

Lagos Headquarters is at : The Oxford place, plot 155, 3rd Avenue, Gowon Estate, Egbeda Lagos.


for more details and information:
you can call or WhatsApp me on 08065759964

chat me up
Re: Lapo Micro Finance Bank Fixed Deposit by exclusiveoloori: 6:48am On Sep 12, 2020
Hello.... What is the current interest rate on fixed deposit for 3 months? I want to invest N1m in LAPO microfinance bank

(1) (Reply)

Maxwell Lands In Paris To Flex Our Money / Idle Funds : I Need Suggestions On Business And Investments / Let Me Trade For You (Capital-Back Guaranteed Should There Be A Loss)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 95
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.