Opportunity Target Savings Account

This account has been designed to cater for Customers who have a specific target at a given date and wish to save specific amounts regularly without withdrawing it until maturity time. Customers may use a target savings account to buy land, Motorcycle, Car, building, paying for school fees, expanding business and meeting social cultural needs.

MAIN FEATURES

• Opening balance 30,000/=
• Minimum Balance to earn interest 100,000/=
• Viable for 3, 6, 12 months
• Premature withdrawals will cause you to forfeit interest
• Interest is paid at the end of each contract less withholding tax
• Ability to roll over savings after expiry period

MAIN BENEFITS

• Achieving your financial targets.
• Very attractive interest rates
• Control against unnecessary withdrawals.
• Security of savings.
• Can be used as a basis to secure a loan
• Instilling a savings culture

BASIC REQUIREMENTS

• Valid Identity Card,passport,driving permit, Voters Card, Financial Card(any of the above)
• Letter from LC /Employer
• Control against unnecessary withdrawals
• One recent passport size photo
• For existing Customers: You may use a Financial Card plus a passport size photograph.