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Loans & Mortgages > Home Ownership Mortgage Account

This product requires that the customer saves a stipulated amount per month over a period of 2-3 years and then gets a composite sum at the end of the period.

Features

  • Interest payable on your monthly deposit. Base rate plus 1.5% per annum payable quarterly
  • Withdrawal is not expected more than once in a quarter otherwise the 1.5% interest is forfeited
  • No prepayment penalties

  • Not for you? Check other products

    FAQs

    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.
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    We understand how possible it can be to forget when repayment. We have officers and an automation system that would remind you about repayment times.
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