Target Savings Account

This is a form of savings account designed to help individuals achieve their financial goals effectively and with ease by saving monthly towards a specific purpose. The goal could be a wedding, payment of house rent etc.

Features:

• A specific amount is contributed monthly for the target purpose
• Attractive Interest rates
• Low minimum balance
• Convenient, flexible and comfortable target amount and tenure

Benefits:

• Goal achievement
• Access to loan to meet specific target needs if the fund is not complete
• Access to financial and investment advisory services.
• It helps customers achieve financial budgeting
• Flexibility of account