Fixed Deposit Account

EV Purple Account - This is a fixed deposit account with high yielding interest rate.
Features:

• An Amount is deposited for fixed period of not less than 3 months
• Pre-mature redemption is allowed but with five days prior notice
• In the event where the customer wants to make redeem before maturity, the investment must have travelled for at least half of the period, however he/she must give five (5) working days prior notice. Investment agreement will be abrogated with a charge of 10% on the interest earned
• Legal contract is signed with the investor as well as issuance of investment certificate
• The investor has an option to rollover either Principal Only or Principal Plus Interest
• Account can be used to access Loan Facility