The Target Savings Account is an interest-bearing deposit account which allows you to save towards a specific project separate from your normal savings account. The Targeted savings account allows you build savings, say, for; future investment purposes, education for children, health care, etc. Your funds are locked to allow you build within a specific period inline with your purpose.

KEY FEATURES INCLUDE:

• Interest payable: 7% payable in June & December of each year.
• Account Opening Fee: GMD 0
• Minimum Operation Balance: GMD 100
• Savings Frequency: Unlimited
• Withdrawal Frequency: Withdrawal at the end of the tenor

BENEFITS

• Quick account opening process
• Unmatched interest rate
• Offers Access to different loan facilities
• SMS Alert