1.SAVINGS ACCOUNT

This account is ideal for all accounts. On this account you can withdraw as when you need but you cannot withdraw large amounts twice in a day. It is also used as a funding account.

 2.FIXED DEPOSIT ACCOUNT

The fixed deposit account is aimed at investors wanting to invest a lump sum for fixed interest rate.

If no instruction are received from clients within 2 weeks after maturity, the investment maybe reinvested for the same period at a prevailing interest rate.

Features

Investment period range from 6 months to 24 months .The are categorized as follows:

  1. 6 Months
  2. 12 Months
  3. 18 Months
  4. 24 Months

3.SUBSCRIPTION SHARES/LIABO

   This account is ideal for all kinds of investors who want to build their investments or grow funds.

Qualification Criteria

  • Minimum Opening balance M1000.00
  • Money can be deposited into this account on daily basis or monthly basis as you like(M100.00 Minimum)
  • The investment is for the fixed period at a fixed rate of interest
  • The investment maybe withdrawn on maturity date
  • If no instructions are received from the clients within 2 weeks ,the funds may be reinvested for the same period at a prevailing interest rate
  • If you withdraw the investment before the maturity date you forfeit interest and penalty is charged.

   4.COMPULSORY  SAVINGS

   This account is ideal for all kinds of investors who want to build their investments or grow funds

             Qualification Criteria

  • Minimum Opening balance M200.00
  • Money can be deposited into this account on daily basis or monthly basis as you like(M200.00 Minimum)
  • The investment is for fixed period at a fixed rate of interest
  • The investment maybe withdrawn on maturity date
  • If no instructions are received from the clients within 2 weeks ,the funds may be reinvested for the same period at a prevailing interest rate
  • If you withdraw the investment before the maturity date you forfeit interest and penalty is charged