Baby Blossom

Enables you to make regular fixed monthly instalments on fixed dates in order to save for your child/dependant.

FEATURES

  • Enables you to open a Term Deposit account and save regularly   for your child aged 0 to 16 years. 
  • Zero monthly account maintenance fee.
  • Zero minimum balance. 
  • Minimum monthly instalment to the account of only K100.00
  • Minimum investment period of 24 months.
  • Maximum period of investment is dependent on when the   minor attains the age of 18 years.
  • Free standing order transfers from parent/guardian.
  • Tiered competitive interest rates. 
  • 1 Free monthly account e-statement.

    Benefits

    • Free banking for customers.
    • The parent can open this account for a child of any age from 0 to 16 years.
    • Customer/parent sets their own savings target.
    • Seamless transfer of funds from existing Zanaco accounts and other banks.
    • The more you save, the more interest you earn.
    • Free access to internet banking and e statement direct to customer e-mail.
    • Enjoy various discounts at leading stores and partner institutions.

 Requirements

  1. Birth Certificate/ Birth Record/ Passport for the child.
  2. An account with Zanaco or another bank where the monthly instalments will come from.