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financial literacy brought to you by MTV PwC and DLC Eubank we are now going to look at the different foods that we can get out of this tree and they are all written there the first one Im going to talk about is a fixed deposit account the bank has a product called a fixed deposit account what is done is that if you have 1 million shillings and above you can go to your branch manager is here and tell me both we started our savings we have some money and want you to keep it for us but I want you to give us a good interest we know that in the investment trap account that we have you can only give us up to 6.5 percent but you want more then you tell you yes you give us that money we keep it for you for three months or for six months or for 12 months if we keep it for you and you dont come and withdraw it we are going to give you a bit a better interest well give you h percent well give you nine percent well even give you up to ten percent depending on how much you you are putting and
