Goal Account

  • Strictly savings account targeting certain milestones in life. Interest is forfeited on premature withdrawals.

For people that want to save for a targeted event e.g. buying a car, saving for a holiday etc.

Features and Benefits

1
  • K200 opening balance
2
  • Maintenance fee-Nil

 

3
  • Interest Rate 5% p.a
4
  • No withdrawals till goal is met (penalty charges apply)

Requirements for Account Opening

  • 1 passport size photo
  • Certified copies of NRC
  • Proof of Residence
  • Completed application form
  • Letter of Consent to Save money for a particular period
  • 1 Reference Letter from any account holder
  • Tax Payers Identification Number (TPIN) Certificate