This is an easy, convenient and innovative daily small savings product designed for the convenience of customers with busy schedules and who find it very difficult to leave their home, work places and comfort zones to the banking hall(s).
FEATURES
Easy account opening procedure
Low opening and operating balances
Personal Field Banker
Use of Passbook and SMS alerts
Unlimited number of withdrawals
BENEFITSEase and Convenience savings
Clients can get access to a loan facility
Juicy interest rate
Free business advisory services for entrepreneurs
This product creates an avenue for intending Muslim pilgrims to save towards fulfilling one of the Pillars of Islam: embarking on Hajj to the Holy lands of Mecca and Medina. This peculiar account allows low-income earners and the general public to save towards meeting the goal of embarking on the pilgrimage easily.
FEATURES & BENEFITSEasy account opening procedure
Very low opening balance
Clients can conveniently save via a Field/Mobile Banker
A cash reward to any customer who meets the hajj fare within the set period
Minimum daily contribution is dependent on the client
Instant confirmation of daily deposit via SMS alerts
Access to ‘Hajj top-up’
A USD 200.00 gift for successful pilgrims
This is a trust savings account designed for parents and guardians with children from the ages of zero (0) to eighteen (18) who intend to put aside money for the needs of their children /wards either on a short-term or long-term basis.
A child under age eighteen (18), generally cannot sign legal documents, and thus cannot open an account. The parent/ guardian acting as a mandate can open a bank account and manage it ‘in trust of’ the child, and when the child is old enough, the mandate of the account is then changed. Thus, this product is designed to help parents save for their under aged children.
FEATURESInitial Deposit of GHC 10.00
Very attractive interest rates on savings
No withdrawal charges
Free savings passbook
Account Mandate can either be the mother, father, uncle, aunt or guardian
Eligible to make one withdrawal each quarter
REQUIREMENTSTwo passport sized photos of both child and parent
National Health Insurance Card/ Birth Certificate of child/Weighing card
Ghana Card of parent/Guardian/mandate
Current Utility bill
BENEFITS OF THE MBII SHIKURU ACCOUNTIt helps parents/guardians support their children achieve future financial goals like going to college, purchasing a bicycle, purchasing Christmas/Eid clothes, going on a trip/excursion et cetera
It helps cater for child’s welfare for higher placement in society towards becoming a doctor, lawyer, accountant, president and so on
No maintenance charges/fees on the account
An interest-bearing account with attractive rates so that parents/guardians can really see money earmarked for their ward’s future growing
Inculcates the habit of savings in parents/children
Less pressure on parents in catering to the needs eg school fees of their wards
On attaining 18 years and above, the account can easily be converted into a major susu savings account
It is an investment product with competitive interest-yielding rates for our cherished customers. It offers customers the golden opportunity to invest their surplus funds over a period of time, thus 91, 182 or 365 days. The fixed deposit account offers the general public the option of earning higher interest rates at specific tenures which ever their preferred choice.
FEATURESFlexible investment periods
Amounts for investment starts from GHC 2,000.00
Highly Competitive interest rates plus a chance for interest rate negotiations
Restricted access to funds during periods of investment
Roll-over options available at maturity.
BENEFITSCan be used as collateral to secure loan
Very attractive and negotiable interest rates
Safeguard of savings
Free investment advice