Compulsary Savings

Compulsary Savings


Account Description

This is a compulsory saving for salary earners who benefited salary Advance loan.


Features
  • Withdraw is done on maturity of the loan.
  • No particular contract for this product but one article of the Advance salary loan contract.
  • 5% of monthly instalment as saving.
  • Interests rate are accrued on daily closing balances, and paid at the loan maturity.
  • Any amount bears interests.

Benefits
  • Secured income growth.
  • Competitive interest.

Requirements
  • Having Salary advance.