Investment Product
TFFS offers short to medium-term investment packages tailored to meet the investment needs of individuals and corporates who wish to place funds at a secured location with excellent returns. This product is targeted at corporate firms, Individuals, cooperative unions and societies, groups and associations, and quasi-government units. There are two products available to our clientele which are the Fixed Term Deposits and the Flexible Contribution scheme.
Fixed Term Deposits
The product is a fixed-term deposit that requires a minimum operating balance of GHS 1,000.00. Other product features include.
• Competitive Interest rates
• Interest is applied daily on funds placed within the year of investment.
• No transactional cost (COT) or charges.
• Investment could be used as security to borrow from TFFS.
• 91 day, 182 days, and 365 days Tenor available
Flexible Contribution Scheme
The flexible contribution investment scheme requires a minimum balance of GHS 100 with additional varied weekly, monthly, or quarterly contribution with other features such as;
• Minimum operating balance to attract interest is GHS 100.
• Competitive Interest rates
• Interest is applied daily on funds placed within the year of investment.
• No transactional cost (COT) or charges.
• Ability to withdraw Four (4) times in a year i.e. after investing for one year or more.
Benefits of the Investment Plan
• Opportunity to invest toward a future project. Cultivating the habit of a gradual process to investment
• Convenience to choose your investment plan varying within periods- 91, 182, and 365 days with different investment amounts.
• Flexibility: Investments can be done by paying into any of TFFS accounts as provided; from Cash, Bank transfers, and Mobile money.
• Rewarding and guaranteed competitive return on investment.
• Accessibility: Customer has a unique Investment number that can be used to access funds when investment is matured and can be paid in varied forms to the customer as per client request.
Requirements
• Customer must be 18 years and above
• National ID (Ghana Card)
• One Passport Picture
• Corporate Firms are required to present copies of their Certificate of Incorporation, Certificate to Commence Business, and their Company TIN