Personal Savings Account
As we all may know people in the relatively poor segments are generally not able to save much. They generate small amounts of savings on an ad-hoc basis, want this amount to be kept in a safe place and also wish to make a good return. Barwaqo Bank provides them a low entry point, the flexibility to save as and when savings occur and offers them higher returns for higher levels of savings.
- Profit calculated on a monthly balance basis with the balance attracting tiered rates
- Unlimited free-of-cost withdrawals and deposits
- Free utility bills payment
- Account opened with an initial deposit of $1 only
- Minimum balance requirement of $100 only
Expected attractive profit percentage.