Fixed/Term Deposits

Take advantage of our Fixed/Term Accounts to secure your savings and earn attractive interest rates with a minimum deposit of ZMW 5,000.

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Experience The Unmatched Benefits With

Our Indicative ZMW Fixed deposit rates

PeriodInterest
30 days5.5%
60 days6.5%
90 days7%
180 days8%
273 days9%
364 days12%

AMOUNTS ABOVE ZMW 1 MILLION ARE NEGOTIABLE

See what our customers say

Chileshe Mwansa

Your Internet Banking has made managing my finances so much easier. I can transfer funds, check my loan, and set up payments without visiting the branch. It’s fast, reliable, and very convenient.”

Brian Phiri

I really appreciate the ability to view my loan details and repayment schedule online. It helps me plan better and stay on track without needing to call or visit the bank.

Natasha Zulu

The online card request and blocking feature is a game changer. I was able to block my card instantly when I misplaced it, which gave me peace of mind.

Lushomo Bundo

I regularly make multiple transfers, and the Internet Banking platform allows me to do this quickly in one session. It saves me a lot of time compared to traditional banking.

Eroy Mwale

Setting up standing instructions has made my life easier. My regular payments are now automated, and I don’t have to worry about missing due dates anymore.”

Fred Mungaila

The updated Internet Banking platform is very user-friendly. Navigation is simple, and everything is clearly laid out, making transactions smooth and stress-free.

Joel Moono

Every time I visit Lusaka Main branch, I receive excellent service. The staff are professional, helpful, and always willing to go the extra mile to assist me.

Mary Musonda

I had an issue with my account, and the branch team resolved it quickly and professionally. Their responsiveness and customer care are truly impressive.

Dennis Sinkala

I enjoy the convenience of Internet Banking, but it’s also reassuring to know that the branch team is always ready to assist when needed. It’s the perfect balance of digital and personal service.

Martin Ken

First Alliance Bank continues to deliver excellent service both online and in-branch. The improvements to Internet Banking show they truly care about making banking easier for customers.

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FAQ

How Can We Help You?

What are the available tenure options for a Fixed Deposit account?
Can I borrow money using my Fixed Deposit as collateral?
How can I access and monitor my Fixed Deposit account?
What interest payment options are available?
What is the minimum deposit required to open a Fixed Deposit account?
In which currencies is the Fixed Deposit account available?
Can I make additional deposits or withdrawals during the deposit period?
What are the redemption options at maturity?
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