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  • The investment maybe withdrawn on maturity date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.

                                Interest rate

  • Interest accumulates on daily balances and paid at the maturity of the investment.
  • Interest rate range from 2% to 5% depending on the amount invested ,the higher the balance ,the higher the rate
  • The longer the period of investment ,the higher the rate.

Costs

All transactions on this account are conducted free of charge