FIRSTMIDAS HIGH-YIELD INVESTMENT

Our SPECIAL INVESTMENT RATES offering you rates that cannot be obtained from any bank in NIGERIA.

SPECIAL INVESTMENT RATE SHEET

S/N	FIXED DEPOSIT AMOUNT	TENOR	INTEREST RATE AMOUNT RECEIVABLE (15%)	TENOR	INTEREST RATE AMOUNT RECEIVABLE (18%)
1	₦500,000	6 Months	₦ 37,500	12 Months	₦90,000
2	₦1,000,000	6 Months	₦ 75,000	12 Months	₦180,000
3	₦2,000,000	6 Months	₦ 150,000	12 Months	₦360,000
4	₦3,000,000	6 Months	₦ 225,000	12 Months	₦540,000
5	₦4,000,000	6 Months	₦ 300,000	12 Months	₦720,000
6	₦5,000,000	6 Months	₦ 375,000	12 Months	₦900,000
7	₦6,000,000	6 Months	₦ 450,000	12 Months	₦1,080,000
8	₦7,000,000	6 Months	₦ 525,000	12 Months	₦1,260,000
9	₦8,000,000	6 Months	₦ 600,000	12 Months	₦1,440,000
10	₦9,000,000	6 Months	₦ 675,000	12 Months	₦1,620,000

S/N	FIXED DEPOSIT AMOUNT	TENOR	INTEREST RATE AMOUNT RECEIVABLE (15%)	TENOR	INTEREST RATE AMOUNT RECEIVABLE (18%)
11	₦10,000,000	6 Months	₦ 750,000	12 Months	₦1,800,000
12	₦20,000,000	6 Months	₦ 1,500,000	12 Months	₦3,600,000
13	₦30,000,000	6 Months	₦ 2,250,000	12 Months	₦5,400,000
14	₦40,000,000	6 Months	₦ 3,000,000	12 Months	₦7,200,000
15	₦50,000,000	6 Months	₦ 3,750,000	12 Months	₦9,000,000
16	₦60,000,000	6 Months	₦ 4,500,000	12 Months	₦10,800,000
17	₦70,000,000	6 Months	₦ 5,250,000	12 Months	₦12,600,000
18	₦80,000,000	6 Months	₦ 6,000,000	12 Months	₦14,400,000
19	₦90,000,000	6 Months	₦ 6,750,000	12 Months	₦16,200,000
20	₦100,000,000	6 Months	₦ 7,500,000	12 Months	₦18,000,000

OTHER TERMS:

Our tenor period does not accommodate 3 months (90 days tenor)
We pay an upfront interest amount for the first 3 months
Pre-liquidation of investment attracts a default fee equal to the full interest rate offered
Take full advantage of the above high yields
Introduce your friends and associates
We are always open to further discussions/negotiations.
Rates can be further negotiated depending on fund volume and tenor stretch
The deposit can be rolled over upon your further directives to us
Your deposit can be used as security for a loan facility, especially where the loan is structured within the deposit tenor or where the facility is less than the sum deposit.
Deposit Tenor from upward of 6 months.
Amount recievable are TAX exclusive
Terms and conditions apply

Note: We are proposing to offer you a higher rate on investments with a guarantee by providing our bank’s postdated cheque if you so desire for security of your fund depending on the volume of fund and tenor of placement.

Features

Certificate will be issued to investors
Minimum Tenor of 180 days
Interest on fund is 8% -13% per annum, subject to review
Minimum investment of N500,000 and Above

Firstmidas Microfinance Bank is regulated by the Central Bank of Nigeria

Your savings and deposits are insured by the Nigeria Deposit Insurance Scheme

Flexible Investment Tenors and Best interest Rates Available

Investments

FIRSTMIDAS HIGH-YIELD INVESTMENT

SPECIAL INVESTMENT RATE SHEET

Features

Our Vision: To become the most sought after National MFB across the nation providing reliable, sustainable financial and business services to individuals, professionals, small and medium-sized businesses all over the country.