SavingProducts
Saving Products
01.
Child Saving Account
Our Child Saving product is designed for juveniles who are usually in school and may need financial support upon reaching adulthood. Major features include:
- Lucrative interest earnings that increase over time as the deposit amount grows.
- Access to loans of up to three times their deposit upon graduation to adulthood.
- Options for deposits and withdrawals.
02.
Institutional Saving
This savings product is specifically designed for social and business institutions to meet their unique financial needs. Key features include:
- Relatively higher interest rates than regular savings accounts.
- Flexible collection and withdrawal periods.
- Access to loans with flexible collateral requirements.
- Premium service, including door-to-door service for premium institutional customers.
03.
Meklit Elders’ and Pensioners’ Retirement Plan
This savings product is tailored for elders and pensioners, offering a lucrative yield and a steady flow of income upon retirement. Features include:
- Higher interest rates than regular savings accounts.
- Regular deposits with flexible withdrawal periods for interest earnings.
- Access to loans of up to three times their deposit.
04.
Fixed Time Deposits
Our Fixed Time Deposits (FTD) are uniquely designed to offer lucrative and competitive interest rates that progress based on the amount of deposit and the term of the contract. Unique features include:
- Higher interest rates than the market average.
- Progressive interest earnings, dependent on the amount of deposit and term of the contract.
- Our own FTD serves as collateral for loans.
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If you want to use our service to build your business, our expert team members are always here to help you be successful.