This is an account in which a person can make daily, weekly or monthly contributions with the aim of using it to satisfy a particular need. It attracts interest with a threshold of GHS500.00. Withdrawals depend on the availability of funds on the account which is above the balance threshold.
- Minimum of GHS 20.00 to open account
- No monthly charges
- Competitive interest rate
- Unlimited number of cash withdrawals
- Savings passbook is issue to customers
- Statement of account are given upon request
- Savings can be used as security to apply for loans from the bank
- Interest calculated on daily basis and credited quarterly.