This is a savings account offered to our Private banking customers that enables the customers to grow their savings while having ease access to their funds once a month.
1 withdrawal per month, a penalty is applicable for withdrawals in excess of 1 per month
Pricing/ Fees/ Commission is as per Retail tariff for Private customers
Required account minimum balance is K500.00
Competitive tiered Interest rates
Interest capitalization frequency is monthly
Access to an Infinity or Platinum Visa debit card
Access to Internet banking
Access to Mobile banking
Free monthly statements
Transactional SMS alerts
WHO CAN APPLY?
An individual with average balance of K35,000.00 and above
An individual with a monthly income of K35,000.00 and above
ACCOUNT OPENING REQUIREMENTS
Certified copies of National Identity
Two passport size photos
Proof of residence
TPIN
Investment Accounts
The fixed deposit account allows the customers to invest excess funds awaiting future expenditure and earn competitive interest rates for the varied deposit tenures
Minimum investment deposit amount is K25,000.00 for Private Premium and K50,000.00 for Private Priority
No Maximum allowable balance
The current applicable tenures are as follows:
30 days
60 days
90 days
180 days
1 year
Competitive interest rates available
Interest liquidation is upfront on account opening
BENEFITS
Competitive interest rates
The customer is credited the interest on the deposit upfront on account opening
The fixed deposit amount can be used as security for a loan
The customer selects the period of investment
The deposit tenure can be renewed at maturity
The customer can choose to have the interest paid into an account of their choice
There is no maximum deposit amount required, the customer determines the maximum deposit according to their wallet.
WHO CAN APPLY?
Private Banking Customers
ACCOUNT OPENING REQUIREMENTS
Existing account holder where deposit lump sum funds will come from
Filling in the application form
The fixed deposit account allows the customers to invest excess funds awaiting future expenditure and earn competitive interest rates for the varied deposit tenures.
Minimum investment deposit amount required is K25,000.00 for Private Premium and K50,000.00 for Private Priority
No Maximum allowable balance
The current applicable tenures are as follows:
30 days
60 days
90 days
365 days
365 days
Competitive interest rates available
Interest liquidation is at maturity
BENEFITS
Competitive interest rates
The fixed deposit amount can be used as security for a loan
The customer selects the period of investment
The deposit tenure can be renewed at maturity
The customer can choose to have the interest paid into an account of their choice
There is no maximum deposit amount required, the customer determines the maximum deposit according to their wallet.
WHO CAN APPLY?
Zanaco Retail customers under Private and Preferred Banking
ACCOUNT OPENING REQUIREMENTS
Existing account holder where deposit lump sum funds will come from
Filling in the application form
The fixed deposit account allows the customers to invest excess funds awaiting future expenditure and earn competitive interest rates for the varied deposit tenures.
