Laco Save Account

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
  • Convenience of having personalised field agents
Download Account Opening Form