This is an interest bearing susu deposit account specifically designed for regular income earners who make contributions daily through the banks field agents or through the Banks USSD/ APP
Target
All individuals in the retail mass market segment of the market.
Features
Minimum opening and operating amount of GHS5 and GHS10 respectively.
Competitive applicable interest rate on all saving account balances irrespective of amount
Interest payable calculated daily and applied monthly
Withdrawal from the Lacosave
Account can be made only twice a month
More than two withdrawals from the Account in any given month leads to zero interest payment for that month
Ability to transfer e-value to account
Benefits
Low minimum opening amount, allowing you the flexibility to build up your deposits at your own pace
Offers the Customer access to liquidity whilst earning income on idle funds
Attractive interest rates applicable on all account balances irrespective of amount
