PostBank
VSLA INDIVIDUAL ACCOUNT
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Product Details
This account is ideal for individuals saving and lendding among members in the rural areas.
Benifits
Free deposits
1 free withdrawal per week
Eligible for PostBank credit facilities
Can borrow up to 100% of saved amount at competitive rates
Free mini statements available on request
Interest earning Fixed Deposit option available
Requirments
3 recent passport size photographs for account holder
Proper documentary identification.(one of the following: Voter's card, Passport, Resident identity Card, driving permit, employers card)
Completed account opening forms
Introduction letter for the individual by the supervisory NGO
Introduction letter for the group by the area LC1