It is a targeted contract savings account with one-year savings duration. The account pays a 13TH month of your contribution which is equivalent to 9% p.a. on the thirteenth (13th) month. The targets are;
- Individuals / Joint / Groups
- Enterprise / Sole Proprietor
The purpose is to encourage regular monthly savings
- Account to be operated as a savings account
- Account can be operated as a joint account
- Initial account opening balance of GHS50
- Minimum mandatory regular monthly contribution of at least GHS50 per month for 12months post account opening.
- Non-negotiable no withdrawal policy on account for 1-year post account opening.
- Where forced withdrawal is made before the mandatory 12 months, customer loses all special interest gained.
- Optional one (1) year term insurance policy available
- Access to bulk monthly savings together with 13th month bonus payment.