PREMIUM YIELD FIXED INTEREST DEPOSIT INVESTMENT.
SCIL premium yield fixed interest deposit investment is an investment management which offers our investors a regular income from their investments at a specified term with the interest and principal repaid at maturity.
It is for all categories of investors.
It is classified into two different categories
Premium classic and Premium ultimate.
PREMIUM CLASSIC
- It is monthly target premium investment.
- It has a 12 months compulsory savings period only.
- It is categorized into PREMIUM CLASSIC AND PREMIUM CLASSIC PLUS.
- Target amount are structured from N10,000.00 – 500,000.00 for PREMIUM CLASSIC and 501,000.00 – 1,000,000.00 for PREMIUM CLASSIC PLUS.
- Interest rates are structured according to its longevity.
- There is an additional payment of ½ monthly contribution for PREMIUM CLASSIC savings and ¾ monthly contributions on PREMIUM CLASSIC PLUS savings at the end of the savings tenor.
- Interest is paid at the end of investments.
- No interest is paid on any withdrawal before maturity.
- Interests and total saved target amount can be reinvested as PREMIUM ULTIMATE as an upgrade.
- Customers who invest in this package has a chance of been shortlisted for valuable prices at the end of the company's business year.
PREMIUM ULTIMATE
- It is for all categories of investors.
- Target amount are structured from 500,000.00 – Above.
- Interest is paid on quarterly basis for all premium ultimate investments.
- Investment principal, interests, Principal & Interest can be reinvested at the end of the tenor.
- Investment Principal and the last quarterly interest are payable together at the end of the tenor.