Facilitates saving a fixed amount every month at an attractive interest rate for a defined time period. This is ideal for when saving for retirement or for the future study of a child.
Features and Benefits
- Initial deposit: AFL. 50/ multiples
- No minimum balance requirement
- Interest calculation method: 3/5/10 year duration with applicable rates
- Each month you automatically save a fixed amount. This amount cannot be changed during the course of the plan. During the duration of the plan it is not possible to withdraw the saved funds. After the termination of the contract the total sum is completely at your disposal
- A valid identification
- The first deposit of at least AFL. 50 if you wish to make the first deposit cash