About the product
With the fixed savings account, users can only keep or fix a chunk of money from as low as N20, 000 for a minimum period of 3 months. Fixed savings does not accommodate recurrent deposit into the account, it only helps keep money for the future and also to gain income on whatever value a user fixes. When a user selects a tenor, let’s say 3 (three) months tenor, saveme.ng invest the funds in a secured halal investment portfolio to generate income. The return on the investments reflect into the users’ accounts depending on the value of their fixed amount.
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