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- The investment maybe withdrawn on maturity date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
Interest rate Interest accumulates on daily balances and paid at 4% rate per annum in 3 years.