Fixed Term Investment Account

The Fixed Term Investment Account (FTIA) offered by Mutual Life Africa is a secure savings product designed for individuals seeking to grow their wealth over a predetermined period. This account allows investors to invest a lump sum for a fixed term from just $250 for 3 to 36 Months.

Fixed Term

How It Works

  • Investment Duration: Customers choose a fixed term for their investment, which can vary based on their financial goals—short-term, medium-term, or long-term.

  • Initial Deposit: A minimum deposit starting from $250 is required to open the account, which is held for the entire term.

  • Interest Rates: The FTIA offers competitive interest rates, which are typically higher than standard savings accounts, allowing your investment to grow over time.

  • Maturity: At the end of the investment term, customers receive their initial deposit back along with the accrued interest.

  • Reinvestment Options: Upon maturity, investors can choose to withdraw their funds or reinvest them in a new term.

Benefits

Mutual Life Africa United States

Guaranteed Returns:

The FTIA provides a fixed interest rate, ensuring predictable growth and financial security.

Mutual Life Africa United States

Capital Protection

Your initial deposit is safe from market volatility, making it an ideal choice for conservative investors.

Mutual Life Africa United States

Financial Planning

This account helps in structured saving, enabling individuals to plan for future expenses like education, home purchase, or retirement.

Mutual Life Africa United States

Flexible Terms

With a range of investment durations available, customers can select a term that aligns with their financial objectives.

Frequently Asked Questions

Mutual Life Africa

10% a month, (uncompounded) interest. 

At maturity, you will receive your initial deposit along with the accrued interest. You can then choose to withdraw your funds or reinvest them in a new Fixed Term Investment Account.

Yes, your initial deposit is protected, and the fixed interest rate guarantees predictable growth. Additionally, Mutual Life Africa adheres to regulatory standards to ensure the security of your investment.

Unfortunately no, since the current rate is promotional and a limited time offer, we only accept accounts that are opened and activated within 24 hours.

Yes your capital is protected and guaranteed.

 

You can withdraw your capital anytime but the interest is locked for the specified term.

HOW TO GET STARTED

  1. Open your account using the attached form below.
  2. Select the term you want from 3 to 36 Months.
  3. Activate your account by funding your account with a minimum required investment starting from $250.

Mutual Life Africa provides affordable funeral cover and life insurance to foreign nationals, locals and expats living in the United States Of America.

CONTACT US

Prepare for a better tomorrow with Mutual Life Africa.

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