The Fixed or Time Deposit Account is designed to cater to the needs of clients who may want to deposit their money in an interest earning account for a specific period. All people i.e. individuals, business, companies, groups and organizations are eligible.
AdIB offers competitive interest rates for any surplus funds deposited in a Fixed Deposit Account, for both short and long term tenors.
- Minimum initial deposit to open Saving Account is Birr 100,000
- Valid and renewed Trade License
- Valid and renewed ID Card
- Two passport size photographs
- Completed Application form
- Affordable minimum deposit
- Competitive interest rates
- Premature withdrawal