Goal Account

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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
  • ZMW 200 opening balance
2
  • Zero maintenance fees
3
  • Withdraw is at the end of tenor/ savings plan
4
  • Interest rate 7% p.a.
4
  • Minimum savings period is six months (partial/full withdrawal prior to six months attracts interest forfeiture)

Requirements

  • 1 Passport size photo
  • Valid means of identification NRC, Driver’s License, Passport
  • Proof of residence
  • Letter of consent to save money for a particular period
  • One reference letter from any account holder Resident/Work permit (for non-citizens)
  • TPIN Certificate
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