FIXED DEPOSIT ACCOUNT

• Minimum Investment Amount: E10, 000
• Saving Period: six (6) months, one (1) year or two (2) years
• Eligibility for loan of up to 80% of investment balance

Requirements to open account;

• National Identity Document (ID) or Travel Document/Passport
• Proof of Residence (Water Bill, Electricity Meter printout, Municipal Rates Statement, Delivery Note – All not more than 3 months old; Title Deed/Deed of Transfer; Lease Agreement)
• Account Opening: E10, 000 or more.

TARGET SAVINGS ACCOUNT

• Minimum Investment Amount: E100
• 0.5% of loan is paid into account monthly
• No withdrawals
• For farmers, 25% of annual crop proceeds are paid into account.