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Early Start Account PDF Print E-mail

Early Start Account

Early Start Savings Account is a unique savings account that encourages and teaches your child/children to begin savings from an early age to gain financial discipline

 

  • Main Features

  • Age group 1 day to 18 years
  • Initial deposit and minimum balance of 10,000/=
  • Minimum balance to earn interest is 50,000/=
  • Three withdrawals a year
  • More than three withdraws attract 5,000/= per withdrawal.
  • Smart Saver Card at 5,000/=
  • Converted to an account of one's choice when the child turns 18 years
Benefits
  • Affordable initial deposit
  • Easy to maintain
  • Earns interest of 6% pa
  • Customer can transact.
  • Teaches the child value of money at an early age
  • Future financial freedom
  • Child's Financial Intelligence
  • Direct Drafts to schools to enhance school fees payment
  • Good for school fees savers
  • Free internal standing orders
Basic Requirements
  • Initial Deposit of 10,000/=
  • Proper Identification (Valid I.D/Passport/Voter's Card)
  • Three recent pass port Photos
  • Physical & mailing Address
  • Referral by known PBU customer
  • Letter of introduction from L.C/Employer or any reputable member of the society E.g lawyer,Imam,Doctor, O.C Police

 
 

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