What is a JEF Deposit?

A JEF deposit is a fixed deposit offered by JMMB Express Finance, that offers a higher rate of interest than regular savings accounts. It involves depositing a lump sum of money for a period of at least 1 year. The interest rate will remain fixed throughout the term. Once the deposit matures, you will receive the principal and the interest.

 

What is the minimum deposit  term?

The minimum deposit term for a JEF deposit is 1 year.

 

What is the minimum deposit amount?

The minimum deposit amount is $150,000.00

 

What is the return on investment ?

3% annual return guaranteed.

 

Is the interest compounded?

No, simple interest is applied.