Individual Savings
Who qualifies?
Available to females across all age groups
Requirements
• Birth Certificate (For minors below 18years),
• Valid ID or passport and residential permits for Expatriates
• Once off joining fee of P50
• Minimum account balance of only 75pula
Benefits
• Easy account opening process, account opened instantly.
• Membership opens up access to the credit facility.
• No charges on deposits.
• Minimal facility charges (P7.50 per month)
• Savings passbook issued for your convenience.
• Allows for a maximum of 3 withdrawals per month without additional charges
• 2% Interest quarterly
Junior Savings
Who qualifies?
• Available to children who are 18years of age or below
• Birth Certificate
• Parent or guardian Id.
• Once off joining fee of P50
• Minimum account opening of only P75.00
• Minimum deposits of P25.00 on monthly basis.
• No withdrawals for a period of three years
• The account automatically rolls over to the next cycle post the maturity period.
• 2% interest
• Service fees of P5.00 per month
• Free & easy deposits
• Easy account opening process, account opened instantly.
Group Savings
Who qualifies?
• Burial societies,
• Cooperatives
• Churches
• Private or Civil Organizations
Requirements
• A minimum balance of only P500
• Once off joining fee of P50
• Mandate stating the 3 signatories to the account, accompanied by certified IDS or Passports
Benefits
• Easy account opening process, account opened instantly.
• No charges on deposits.
• Minimal facility charges
• Savings passbook issued for your convenience and transparency.
• Allows for a maximum of 3 withdrawals per month without additional charges
• 2% Interest annually