Sibekelo Account
Sibekelo Account is an affordable, structured savings plan that can be tailored to suit your specific needs.
Some of the Benefits
Unlimited Deposits
No Fees
Multiple Accounts
Capital guaranteed
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You need to sign a minimum standing order for E100.00 a month
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Additional deposits (no minimum amount) can be made into the account at any time
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Funds can be accessed at the end of your chosen investment period
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You must have a transaction account with us to fund your standing order
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There are three minimum investment periods to choose from – 6 months, 1 year, 2 years or even 3 years
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You can open more than one of this account to mature at different periods
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No management fees are charged on your account
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Interest is paid on maturity
- Minimum account opening balance is E 100
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Open to anyone wanting to grow their money long-term
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Strictly a monthly savings product with no withdrawals, however the client will be charges a penalty fee of E375
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Transactional account
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Copy of ID or passport
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What You Get
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What it costs
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Who Qualifies
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What You Need To Get It
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You need to sign a minimum standing order for E100.00 a month
-
Additional deposits (no minimum amount) can be made into the account at any time
-
Funds can be accessed at the end of your chosen investment period
-
You must have a transaction account with us to fund your standing order
-
There are three minimum investment periods to choose from – 6 months, 1 year, 2 years or even 3 years
-
You can open more than one of this account to mature at different periods
-
No management fees are charged on your account
-
Interest is paid on maturity
- Minimum account opening balance is E 100
-
Open to anyone wanting to grow their money long-term
-
Strictly a monthly savings product with no withdrawals, however the client will be charges a penalty fee of E375
-
Transactional account
-
Copy of ID or passport