You can book and terminate your Term Deposit online using our internet banking platform Diamond Online, from  the comfort of your home, office or even on the move with your handheld devices and mobile phones without visiting a branch.

For every  Term Deposit above N5 Million you book online, you get an EXTRA 0.25% on the prevailing interest rate.

Other benefits of using Diamond Online for Term Deposit transactions include:

• Convenience – Initiate and complete your transactions with ease from anywhere in the world. You can also book as low as N1,000,000
• Cost effective and timely – There is no need to visit the branch. You can now do it yourself!
• Security of Transaction – The use of token guarantees you security from unauthorized access, thefts and fraud on all your Term Deposit transactions
• Speed – Transaction is completed immediately

Kindly select “Term Deposits” from the menu option to use this feature.

Please Note:

• A token is required to effect a Term Deposit Transaction transfer
• Minimum deposit required for Term Deposit Booking is N1, 000,000.
• For Term Deposits less than N1,000,000.00, you can open a High Interest Deposit Account (HIDA), where you can earn up to 8% on your balances and withdraw your funds without restriction/notice. Click here to learn more about HIDA
• Transaction is effected immediately upon completion (subject to our terms and conditions).

Booking Term Deposits in a branch

At Diamond Bank, we always look for ways to ensure that our customers get nothing but the best.  With this special fixed term local currency deposit product, you can book your funds with Diamond Bank for a specific tenor and at a fanstatic rate. Interest is paid on maturity and is subject to withholding tax.

For customers who are more interested in capital growth rather than immediate returns, we arrange to recapitalise all interest earnings over a period of time. The minimum investment amount is N1,000,000 and investment tenors are typically for 30, 60 and 90 days.

For further enquires, please call our 24/7 Contact Centre on 0700-300-0000. You can also send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it or visit any Diamond Bank Branch near you.