
Savings Services
Mandatory Savings
Mandatory Savings are tied to credit as a percentage of the loan. Customers are expected to maintain on-going mandatory savings to increase the savings in the customer's account.
Demand Deposits
This is the type of customers that maintain current account with the bank either for salary paymanet or other purposes.
Regular Savings
Customers are allowed to maintain voluntary savings accounts of any amount depending on indvidual capacity and subject to compliance with laid down regulatory guidelines for account opening and maintenance.
Fixed Deposit
Thiis is the type of account maintaianed by cusrotomers on attractive interest rates depending on the number of days the customer applied for.
Target Savings
This is a type of account that gives customers the opportunity to save money for specific purposes like festivities, marriages and religious obligations. It attracts interest.
Joint Account
This the type of account where two or more "partners" jointhly open the account to be oerated by the partners simultaneously. It differes from the demand deposit as the Joint account interest like a savings account