Awash Bank

Fixed Time Deposit Account

  • A deposit for a certain period of time without movement for more than the prevailing saving interest rate.
  • The minimum period of accepting FTD shall be 3 months.
  • The minimum balance to open the account is Birr 100,000.
  • The rates of interest depend on the amount of money and the duration of the account.
  • Negotiation for Interest rate on fixed deposits is granted to the management of the bank.
  • Withdrawal before maturity period, shall forfeit the contract interest rate.
  • No interest will accrue after expiry of the certificate unless replaced by a new one.