Laco Stud Account

This is an interest bearing savings account specifically designed for students

Target

Students in Senior High and tertiary institutions aged 18yrs and above

Features

  • Minimum opening and operating amount of GHS 50
  • Competitive applicable interest rate on all saving account balances irrespective of amount
  • Interest payable calculated daily and applied monthly
  • Only one withdrawal per month is permitted in the Banking hall
  • USSD/ mobile app withdrawals unlimited
  • More than two withdrawals from the Savings Account in any given month leads to zero interest payment for that month

Benefit

  • Low minimum opening amount, allowing you the flexibility to build up your deposits at your own pace
  • Offers the Student Customer access to liquidity whilst earning income on idle funds
  • Attractive interest rates applicable on all account balances irrespective of amount