Invest and make your money productive
Do you have projects and wish to progressively save to realize it (scholarship of your children, the vehicle of your dream, preparation of a big event, or any other projects), or money to save for unexpected occurrences? Yes?
Did you know that you can open a savings account or a term-deposit account to get interest from your money? Money creating money!
But how is it about?
The ZINA savings account
With a ZINA savings account, you can gradually deposit (or not) money. You might deposit on a daily, weekly, monthly, quarterly or depending on your capacity.
And the more you save, the more you earn. The interest rate that you earn might reach an annual rate of 7.50%
In case of urgency, you can also withdraw the money.
How to do it? Simple! You simply need to carry your ID card, a proof of your residence and your first deposit amount; and your account is activated.
The term-deposit account
As its name suggests, this offer allows you to make a one-time deposit. Unlike the savings account, you cannot deposit or withdraw money before the agreed term.
For instance, you have a term-deposit of MGA 200 000 for 6 months (the term), you are not allowed to withdraw this money for 6 months, and at the end of the term, you will perceive interest.
This is investment in another way!
- The minimum amount is MGA 200 000
- The minimum period is 6 months