Compulsory Savings
Interest Rate: 14.00% per year
Service Details
- ✓ Interest Rate: 14.00% per year
- ✓ Minimum Balance : 3% to 5% of Loan Amount
- ✓ Tenor : Same as Loan Tenor
- ✓ Interest Calculated using: Daily Balance
Interested in this service?
Consult with our expert advisors for personalized guidance and support.
Related Services
Frequently Asked Questions
Common questions about our Compulsory Savings service
How do I apply for this service?
+You can apply by visiting our nearest branch, calling our hotline, or filling out the online application form on our website. Our team will guide you through the simple application process.
How long does approval take?
+Most applications are processed within 3-7 business days. For existing clients with good history, approval can be as quick as 24 hours.
What documents do I need?
+Basic requirements include: Valid ID proof, recent photograph, proof of address, and any relevant business documents (if applicable). Our advisors will provide you with a complete checklist.